Toronto Dominion Bank Boosts Stake in CF Industries Holdings, Inc. (NYSE:CF)

Toronto Dominion Bank boosted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 39.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 223,413 shares of the basic materials company's stock after buying an additional 63,622 shares during the period. Toronto Dominion Bank owned 0.13% of CF Industries worth $19,169,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wolff Wiese Magana LLC purchased a new stake in shares of CF Industries during the 3rd quarter worth $28,000. Brooklyn Investment Group purchased a new stake in shares of CF Industries during the third quarter valued at about $39,000. Quent Capital LLC lifted its position in shares of CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company's stock valued at $43,000 after buying an additional 284 shares during the last quarter. UMB Bank n.a. boosted its holdings 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 buying an additional 191 shares in the last quarter. Finally, Kimelman & Baird LLC purchased a new position in shares of CF Industries in the 2nd quarter worth approximately $50,000. Institutional investors own 93.06% of the company's stock.

Insider Transactions at CF Industries

In other news, EVP Susan L. Menzel sold 2,000 shares of the business'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 directly owns 66,268 shares in the company, valued at $5,964,120. The trade was a 2.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the transaction, the executive vice president now owns 103,155 shares in the company, valued at $9,077,640. This trade represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,701 shares of company stock valued at $2,052,704 in the last 90 days. 0.42% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on CF. Mizuho increased their target price on shares of CF Industries from $76.00 to $93.00 and gave the company a "neutral" rating in a research report on Wednesday, October 9th. Barclays increased their price objective on CF Industries from $90.00 to $96.00 and gave the company an "overweight" rating in a report on Friday, October 11th. Wells Fargo & Company upped their target price on CF Industries from $88.00 to $92.00 and gave the company an "overweight" rating in a research report on Tuesday, September 24th. Redburn Atlantic initiated coverage on CF Industries in a research note on Friday, October 18th. They issued a "neutral" rating and a $77.00 price target for the company. Finally, Oppenheimer started coverage on CF Industries in a research note on Thursday. They set an "outperform" rating and a $114.00 price target on the stock. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $90.38.

CF Industries Stock Performance

CF traded down $0.65 during trading on Friday, reaching $89.48. 1,368,435 shares of the company's stock were exchanged, compared to its average volume of 2,045,655. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $94.46. The company's fifty day simple moving average is $86.71 and its 200-day simple moving average is $80.69. The stock has a market capitalization of $15.57 billion, a P/E ratio of 14.16, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98.

CF Industries (NYSE:CF - Get Free Report) last issued its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.50. The firm had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The firm's revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.85 earnings per share. As a group, research analysts predict that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.24%. CF Industries's payout ratio is 31.65%.

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.