Vest Financial LLC Has $29.55 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Vest Financial LLC increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 10.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 344,416 shares of the basic materials company's stock after purchasing an additional 32,567 shares during the quarter. Vest Financial LLC owned 0.19% of CF Industries worth $29,551,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Westside Investment Management Inc. bought a new stake in shares of CF Industries during the first quarter worth $25,000. Wolff Wiese Magana LLC acquired a new position in CF Industries in the 3rd quarter worth $28,000. Quent Capital LLC increased its holdings in CF Industries by 132.1% during the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company's stock worth $43,000 after purchasing an additional 284 shares in the last quarter. UMB Bank n.a. raised its stake in shares of CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company's stock valued at $49,000 after purchasing an additional 191 shares during the period. Finally, Kimelman & Baird LLC bought a new stake in shares of CF Industries in the second quarter valued at about $50,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Performance

NYSE:CF traded down $1.79 on Friday, hitting $83.99. The company's stock had a trading volume of 1,269,671 shares, compared to its average volume of 2,104,695. The company has a current ratio of 4.70, a quick ratio of 4.19 and a debt-to-equity ratio of 0.37. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $90.86. The stock has a fifty day moving average of $82.79 and a two-hundred day moving average of $78.30. The firm has a market capitalization of $15.35 billion, a P/E ratio of 13.95, a price-to-earnings-growth ratio of 2.49 and a beta of 0.95.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.50. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The company's quarterly revenue was down 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.70 EPS. Research analysts predict that CF Industries Holdings, Inc. will post 5.84 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.50 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a yield of 2.38%. CF Industries's dividend payout ratio is currently 33.22%.

Analyst Ratings Changes

CF has been the topic of a number of recent research reports. Scotiabank lifted their target price on CF Industries from $80.00 to $88.00 and gave the company a "sector perform" rating in a research report on Monday, August 12th. Mizuho lifted their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a "neutral" rating in a report on Wednesday, October 9th. Wells Fargo & Company increased their target price on shares of CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a report on Tuesday, September 24th. Redburn Atlantic began coverage on shares of CF Industries in a research note on Friday. They issued a "neutral" rating and a $77.00 price target on the stock. Finally, UBS Group increased their price objective on shares of CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a research note on Monday, August 26th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, CF Industries currently has an average rating of "Hold" and a consensus price target of $87.67.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 2,000 shares of the company's stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the transaction, the executive vice president now owns 66,268 shares of the company's stock, valued at approximately $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Susan L. Menzel sold 2,000 shares of the business's stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares of the company's stock, valued at approximately $5,964,120. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Ashraf K. Malik sold 7,201 shares of the firm's stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the transaction, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.42% of the company's stock.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.