CF Industries Holdings, Inc. (NYSE:CF) Stake Trimmed by Carillon Tower Advisers Inc.

Carillon Tower Advisers Inc. lowered its stake in CF Industries Holdings, Inc. (NYSE:CF) by 28.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 286,326 shares of the basic materials company’s stock after selling 116,357 shares during the quarter. Carillon Tower Advisers Inc. owned approximately 0.13% of CF Industries worth $14,087,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CF. Price T Rowe Associates Inc. MD grew its stake in CF Industries by 26.4% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 15,177,727 shares of the basic materials company’s stock valued at $708,952,000 after acquiring an additional 3,170,180 shares in the last quarter. Bank of New York Mellon Corp grew its stake in CF Industries by 26.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,571,818 shares of the basic materials company’s stock valued at $493,810,000 after acquiring an additional 2,217,301 shares in the last quarter. UBS Asset Management Americas Inc. grew its stake in CF Industries by 167.1% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 3,305,327 shares of the basic materials company’s stock valued at $154,392,000 after acquiring an additional 2,067,787 shares in the last quarter. Nuveen Asset Management LLC grew its stake in CF Industries by 190.6% during the 2nd quarter. Nuveen Asset Management LLC now owns 2,287,101 shares of the basic materials company’s stock valued at $106,831,000 after acquiring an additional 1,500,191 shares in the last quarter. Finally, Investec Asset Management LTD grew its stake in CF Industries by 471.9% during the 2nd quarter. Investec Asset Management LTD now owns 648,507 shares of the basic materials company’s stock valued at $5,508,000 after acquiring an additional 535,111 shares in the last quarter. 92.22% of the stock is currently owned by institutional investors.

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

Shares of NYSE CF opened at $46.45 on Tuesday. The stock has a market cap of $10.14 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 3.23 and a beta of 0.95. The business has a 50 day simple moving average of $47.90 and a 200 day simple moving average of $46.60. CF Industries Holdings, Inc. has a 52 week low of $38.90 and a 52 week high of $55.15. 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 announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.29 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.06). The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.06 billion. CF Industries had a net margin of 10.42% and a return on equity of 7.98%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS. On average, analysts predict that CF Industries Holdings, Inc. will post 2.4 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.30 dividend. The ex-dividend date is Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.58%. CF Industries’s payout ratio is 96.77%.

Several equities analysts have weighed in on the company. Cowen lifted their target price on CF Industries from $59.00 to $62.00 and gave the company an “outperform” rating in a research note on Thursday, September 26th. Barclays set a $52.00 target price on CF Industries and gave the company a “hold” rating in a research note on Friday, November 1st. Citigroup set a $57.00 target price on CF Industries and gave the company a “buy” rating in a research note on Wednesday, September 18th. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating in a research note on Monday, August 5th. Finally, UBS Group lifted their target price on CF Industries from $53.00 to $58.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $50.89.

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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