AE Wealth Management LLC Increases Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

AE Wealth Management LLC increased its position in CF Industries Holdings, Inc. (NYSE:CF) by 2.9% in the third quarter, Holdings Channel.com reports. The fund owned 27,724 shares of the basic materials company’s stock after purchasing an additional 794 shares during the period. AE Wealth Management LLC’s holdings in CF Industries were worth $1,364,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CF. Tower Research Capital LLC TRC raised its stake in CF Industries by 144.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,579 shares of the basic materials company’s stock valued at $274,000 after buying an additional 3,296 shares during the last quarter. First Trust Advisors LP grew its position in shares of CF Industries by 578.8% during the 3rd quarter. First Trust Advisors LP now owns 234,005 shares of the basic materials company’s stock valued at $11,513,000 after acquiring an additional 199,530 shares during the period. Daiwa Securities Group Inc. grew its position in shares of CF Industries by 14.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 9,954 shares of the basic materials company’s stock valued at $490,000 after acquiring an additional 1,292 shares during the period. Parallel Advisors LLC grew its position in shares of CF Industries by 103.7% during the 3rd quarter. Parallel Advisors LLC now owns 725 shares of the basic materials company’s stock valued at $36,000 after acquiring an additional 369 shares during the period. Finally, United Asset Strategies Inc. grew its position in shares of CF Industries by 5.0% during the 3rd quarter. United Asset Strategies Inc. now owns 14,293 shares of the basic materials company’s stock valued at $703,000 after acquiring an additional 687 shares during the period. Institutional investors own 92.22% of the company’s stock.

In other CF Industries news, Director Stephen A. Furbacher sold 3,500 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $47.50, for a total transaction of $166,250.00. Following the completion of the transaction, the director now owns 49,187 shares of the company’s stock, valued at approximately $2,336,382.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Dennis P. Kelleher sold 95,243 shares of the stock in a transaction dated Friday, August 30th. The shares were 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 of the company’s stock, valued at approximately $6,562,200.57. The disclosure for this sale can be found here. Insiders sold a total of 119,743 shares of company stock valued at $5,770,325 in the last ninety days. 2.00% of the stock is currently owned by insiders.

A number of equities research analysts have recently issued reports on the stock. Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating in a research report on Monday, August 5th. Citigroup set a $57.00 price objective on shares of CF Industries and gave the company a “buy” rating in a research report on Wednesday, September 18th. Royal Bank of Canada cut their price objective on shares of CF Industries from $48.00 to $44.00 and set a “sector perform” rating for the company in a research report on Friday, November 1st. Cowen boosted their price objective on shares of CF Industries from $59.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, September 26th. Finally, Barclays set a $52.00 price objective on shares of CF Industries and gave the company a “hold” rating in a research report on Friday, November 1st. Nine investment 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.

Shares of CF Industries stock opened at $46.36 on Friday. The company has a market capitalization of $10.42 billion, a P/E ratio of 23.37, a P/E/G ratio of 3.41 and a beta of 0.95. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.10 and a current ratio of 1.34. The company has a fifty day moving average of $47.76 and a 200 day moving average of $46.63. CF Industries Holdings, Inc. has a fifty-two week low of $38.90 and a fifty-two week high of $55.15.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, October 30th. The basic materials company reported $0.29 earnings per share for the quarter, missing the 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 return on equity of 7.98% and a net margin of 10.42%. The company’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the prior year, the company posted $0.13 EPS. Analysts forecast that CF Industries Holdings, Inc. will post 2.34 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.59%. The ex-dividend date is Thursday, November 14th. CF Industries’s dividend payout ratio is currently 96.77%.

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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