US Bancorp DE Sells 401 Shares of CF Industries Holdings, Inc. (NYSE:CF)

US Bancorp DE lowered its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 11,455 shares of the basic materials company’s stock after selling 401 shares during the quarter. US Bancorp DE’s holdings in CF Industries were worth $983,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Victory Capital Management Inc. grew its position in CF Industries by 401.2% in the 2nd quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock valued at $269,729,000 after acquiring an additional 2,912,942 shares during the last quarter. Boston Partners grew its position in CF Industries by 37.5% in the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock valued at $254,920,000 after acquiring an additional 835,557 shares during the last quarter. International Assets Investment Management LLC grew its position in CF Industries by 7,617.5% in the 3rd quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock valued at $375,440,000 after acquiring an additional 431,910 shares during the last quarter. LSV Asset Management grew its position in CF Industries by 154.3% in the 2nd quarter. LSV Asset Management now owns 408,703 shares of the basic materials company’s stock valued at $30,293,000 after acquiring an additional 248,003 shares during the last quarter. Finally, Swedbank AB bought a new position in CF Industries in the 1st quarter valued at $19,824,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 1.1 %

Shares of NYSE CF opened at $83.72 on Friday. 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 $14.57 billion, a P/E ratio of 13.25, a price-to-earnings-growth ratio of 2.37 and a beta of 0.97. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $90.86. The business has a fifty day moving average price of $83.58 and a 200 day moving average price of $78.65.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 14.57% and a net margin of 19.45%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.85 EPS. Equities research analysts expect that CF Industries Holdings, Inc. will post 6.07 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries’s dividend payout ratio (DPR) is currently 31.65%.

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $5,964,120. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares of the company’s stock, valued at approximately $2,629,574.22. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $5,964,120. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. BMO Capital Markets upped their price objective on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Scotiabank upped their price objective on CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. Mizuho upped their target price on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Barclays upped their target price on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. Finally, Royal Bank of Canada upped their target price on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, CF Industries has a consensus rating of “Hold” and a consensus target price of $88.42.

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.