CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company lessened its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 5.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 446,002 shares of the basic materials company’s stock after selling 23,574 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.24% of CF Industries worth $33,058,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CF. Westside Investment Management Inc. acquired a new stake in shares of CF Industries during the 1st quarter valued at approximately $25,000. UMB Bank n.a. raised its holdings in CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 191 shares during the last quarter. Mather Group LLC. purchased a new stake in CF Industries during the first quarter worth $55,000. nVerses Capital LLC grew its holdings in CF Industries by 250.0% in the second quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 500 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of CF Industries by 28.1% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after buying an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 0.2 %

Shares of NYSE CF opened at $85.80 on Tuesday. The stock has a market capitalization of $15.68 billion, a PE ratio of 14.25, a P/E/G ratio of 2.38 and a beta of 0.95. The company has a quick ratio of 4.19, a current ratio of 4.70 and a debt-to-equity ratio of 0.37. The firm has a fifty day moving average of $79.31 and a 200-day moving average of $77.95. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $87.82.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.50. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The firm’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.70 earnings per share. On average, analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $2.00 annualized dividend and a yield of 2.33%. CF Industries’s payout ratio is 33.22%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CF. Royal Bank of Canada raised their target price on shares of CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Wells Fargo & Company lifted their price objective on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Bank of America increased their target price on CF Industries from $76.00 to $83.00 and gave the company a “neutral” rating in a report on Friday, August 9th. BMO Capital Markets boosted their price target on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Finally, UBS Group increased their price objective on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $87.73.

CF Industries Company Profile

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.