Van ECK Associates Corp Has $25.33 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Van ECK Associates Corp cut its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 15.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 300,888 shares of the basic materials company's stock after selling 56,517 shares during the period. Van ECK Associates Corp owned about 0.16% of CF Industries worth $25,326,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. BluePath Capital Management LLC grew its stake in shares of CF Industries by 31.0% during the third quarter. BluePath Capital Management LLC now owns 10,474 shares of the basic materials company's stock valued at $899,000 after acquiring an additional 2,481 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of CF Industries by 16.3% during the third quarter. Farther Finance Advisors LLC now owns 3,326 shares of the basic materials company's stock valued at $285,000 after acquiring an additional 467 shares in the last quarter. Murphy Pohlad Asset Management LLC grew its stake in shares of CF Industries by 45.0% during the third quarter. Murphy Pohlad Asset Management LLC now owns 7,600 shares of the basic materials company's stock valued at $652,000 after acquiring an additional 2,360 shares in the last quarter. AustralianSuper Pty Ltd grew its stake in shares of CF Industries by 2.4% during the third quarter. AustralianSuper Pty Ltd now owns 1,093,885 shares of the basic materials company's stock valued at $93,855,000 after acquiring an additional 25,701 shares in the last quarter. Finally, Catalyst Financial Partners LLC bought a new position in shares of CF Industries during the third quarter worth about $215,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of CF Industries stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the transaction, the vice president now owns 29,211 shares in the company, valued at approximately $2,629,574.22. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, EVP Susan L. Menzel sold 2,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the executive vice president now owns 66,268 shares of the company's stock, valued at approximately $5,964,120. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 7,201 shares of the firm's stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the transaction, the vice president now directly owns 29,211 shares of the company's stock, valued at $2,629,574.22. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.48% of the company's stock.

CF Industries Stock Performance

Shares of NYSE:CF traded up $0.15 during trading hours on Tuesday, hitting $86.56. The stock had a trading volume of 1,408,762 shares, compared to its average volume of 2,073,444. The stock's fifty day simple moving average is $83.41 and its 200 day simple moving average is $78.49. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $90.86. The firm has a market capitalization of $15.06 billion, a price-to-earnings ratio of 13.67, a PEG ratio of 2.34 and a beta of 0.97. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the business earned $0.85 earnings per share. CF Industries's revenue was up 7.6% compared to the same quarter last year. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.98 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.31%. CF Industries's dividend payout ratio is presently 31.65%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Mizuho increased their price target on shares of CF Industries from $76.00 to $93.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 9th. Wells Fargo & Company increased their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 24th. Scotiabank increased their price target on shares of CF Industries from $80.00 to $88.00 and gave the stock a "sector perform" rating in a research report on Monday, August 12th. UBS Group increased their price target on shares of CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. Finally, BMO Capital Markets increased their price target on shares of CF Industries from $95.00 to $100.00 and gave the stock an "outperform" rating in a research report on Friday, August 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $88.08.

CF Industries Profile

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.