CF Industries Holdings, Inc. (NYSE:CF) Stock Position Reduced by Alps Advisors Inc.

Alps Advisors Inc. lessened its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 9.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 732,870 shares of the basic materials company’s stock after selling 75,657 shares during the period. Alps Advisors Inc.’s holdings in CF Industries were worth $36,057,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CF. Fulton Bank N.A. lifted its holdings in shares of CF Industries by 8.1% in the 2nd quarter. Fulton Bank N.A. now owns 25,130 shares of the basic materials company’s stock worth $1,174,000 after purchasing an additional 1,888 shares during the last quarter. Scout Investments Inc. lifted its holdings in shares of CF Industries by 336.3% in the 2nd quarter. Scout Investments Inc. now owns 588,487 shares of the basic materials company’s stock worth $27,488,000 after purchasing an additional 453,591 shares during the last quarter. First Hawaiian Bank lifted its holdings in shares of CF Industries by 42.0% in the 2nd quarter. First Hawaiian Bank now owns 15,565 shares of the basic materials company’s stock worth $727,000 after purchasing an additional 4,605 shares during the last quarter. IFM Investors Pty Ltd lifted its holdings in shares of CF Industries by 28.6% in the 2nd quarter. IFM Investors Pty Ltd now owns 18,094 shares of the basic materials company’s stock worth $845,000 after purchasing an additional 4,021 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of CF Industries by 15.4% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 48,641 shares of the basic materials company’s stock worth $2,272,000 after purchasing an additional 6,500 shares during the last quarter. 92.79% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently commented on CF shares. Barclays set a $52.00 target price on CF Industries and gave the company a “hold” rating in a research report on Friday, November 1st. Royal Bank of Canada lowered their target price on CF Industries from $48.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. Consumer Edge started coverage on CF Industries in a research report on Monday, September 23rd. They issued an “overweight” rating on the stock. Zacks Investment Research cut CF Industries from a “buy” rating to a “hold” rating and set a $49.00 target price on the stock. in a research report on Monday. Finally, Rowe raised their target price on CF Industries from $56.00 to $66.00 and gave the company a “positive” rating in a research report on Tuesday, August 6th. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $50.67.

Shares of CF stock opened at $46.63 on Friday. CF Industries Holdings, Inc. has a 1 year low of $38.90 and a 1 year high of $55.15. The stock has a market cap of $10.38 billion, a PE ratio of 37.60, a price-to-earnings-growth ratio of 3.31 and a beta of 0.95. The business’s fifty day moving average is $48.09 and its 200-day moving average is $46.57. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.10 and a current ratio of 1.34.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.06). CF Industries had a net margin of 10.42% and a return on equity of 7.98%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the business posted $0.13 earnings per share. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. Equities research analysts predict that CF Industries Holdings, Inc. will post 2.4 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Thursday, November 14th. CF Industries’s dividend payout ratio (DPR) is presently 96.77%.

In other news, CFO Dennis P. Kelleher sold 95,243 shares of CF Industries stock in a transaction on Friday, August 30th. The stock was sold at an average price of $48.21, for a total transaction of $4,591,665.03. Following the transaction, the chief financial officer now directly owns 136,117 shares in the company, valued at approximately $6,562,200.57. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Bert A. Frost sold 21,000 shares of CF Industries stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $48.21, for a total value of $1,012,410.00. Following the transaction, the vice president now owns 103,072 shares in the company, valued at $4,969,101.12. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 119,743 shares of company stock worth $5,770,325. 2.00% of the stock is owned by insiders.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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