Robeco Institutional Asset Management B.V. acquired a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,436 shares of the basic materials company's stock, valued at approximately $1,153,000.
Other hedge funds have also recently made changes to their positions in the company. Wolff Wiese Magana LLC purchased a new stake in CF Industries during the third quarter worth about $28,000. Quent Capital LLC increased its stake 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 buying an additional 284 shares during the period. UMB Bank n.a. lifted its holdings in CF Industries by 40.4% during the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company's stock worth $49,000 after buying an additional 191 shares in the last quarter. Kimelman & Baird LLC acquired a new position in shares of CF Industries in the second quarter worth $50,000. Finally, nVerses Capital LLC increased its position in shares of CF Industries by 250.0% during the second quarter. nVerses Capital LLC now owns 700 shares of the basic materials company's stock worth $52,000 after acquiring an additional 500 shares during the period. Hedge funds and other institutional investors own 93.06% of the company's stock.
Analysts Set New Price Targets
Several research firms recently commented on CF. Scotiabank boosted their target price on CF Industries from $80.00 to $88.00 and gave the stock a "sector perform" rating in a research note on Monday, August 12th. Royal Bank of Canada boosted their price objective on CF Industries from $95.00 to $100.00 and gave the stock an "outperform" rating in a research report on Monday, November 4th. Barclays raised their target price on shares of CF Industries from $90.00 to $96.00 and gave the company an "overweight" rating in a report on Friday, October 11th. Redburn Atlantic assumed coverage on shares of CF Industries in a research report on Friday, October 18th. They issued a "neutral" rating and a $77.00 price objective on the stock. Finally, Mizuho lifted their price objective 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. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $88.42.
Check Out Our Latest Stock Analysis on CF
Insiders Place Their Bets
In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the business's stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total transaction of $648,234.02. Following the sale, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other 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 transaction of $648,234.02. Following the completion of the sale, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 completion of the sale, the executive vice president now owns 66,268 shares in the company, valued at approximately $5,964,120. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by insiders.
CF Industries Stock Performance
Shares of CF traded up $1.37 during mid-day trading on Monday, reaching $85.08. 1,766,201 shares of the company's stock were exchanged, compared to its average volume of 2,078,436. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The stock has a market capitalization of $14.81 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 2.28 and a beta of 0.97. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $90.86. The business's fifty day simple moving average is $83.58 and its 200-day simple moving average is $78.64.
CF Industries (NYSE:CF - Get Free Report) last released its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.50. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 earnings per share. On average, equities research analysts expect that CF Industries Holdings, Inc. will post 6.19 earnings per share for the current year.
CF Industries Dividend Announcement
The firm also recently disclosed 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. This represents a $2.00 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries's dividend payout ratio is presently 31.65%.
CF Industries Profile
(
Free Report)
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.
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