CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 16.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,326 shares of the basic materials company’s stock after purchasing an additional 467 shares during the period. Farther Finance Advisors LLC’s holdings in CF Industries were worth $285,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CF. Councilmark Asset Management LLC acquired a new position in CF Industries during the 1st quarter valued at about $1,251,000. Quantbot Technologies LP acquired a new position in shares of CF Industries during the 1st quarter valued at $610,000. Swedbank AB acquired a new stake in shares of CF Industries in the first quarter valued at $19,824,000. Envestnet Portfolio Solutions Inc. raised its position in CF Industries by 17.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 50,243 shares of the basic materials company’s stock worth $3,724,000 after acquiring an additional 7,294 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in CF Industries by 286.0% in the 1st quarter. Cetera Investment Advisers now owns 34,439 shares of the basic materials company’s stock valued at $2,866,000 after acquiring an additional 25,516 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.00, for a total value of $180,000.00. Following the transaction, the executive vice president now owns 66,268 shares in the company, valued at $5,964,120. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the sale, the vice president now owns 29,211 shares in the company, 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 SEC, which is accessible through this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the transaction, the executive vice president now owns 66,268 shares in the company, valued at approximately $5,964,120. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.48% of the company’s stock.

CF Industries Price Performance

NYSE CF opened at $83.72 on Friday. The company has a 50 day moving average price of $83.58 and a two-hundred day moving average price of $78.65. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $90.86. The stock has a market capitalization of $14.57 billion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 2.37 and a beta of 0.97. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) 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 net margin of 19.45% and a return on equity of 14.57%. CF Industries’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 earnings per share. As a group, equities analysts predict that CF Industries Holdings, Inc. will post 6.07 earnings per share 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 $0.50 dividend. 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 payout ratio is 31.65%.

Analyst Ratings Changes

Several analysts recently commented on CF shares. Scotiabank increased their target price on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research note on Monday, August 12th. Piper Sandler boosted their target price on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a research report on Friday. Redburn Atlantic assumed coverage on CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target for the company. Wells Fargo & Company lifted their target price on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Finally, Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a research report on Wednesday, October 16th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $88.42.

CF Industries 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.