Wealth Enhancement Advisory Services LLC Sells 403 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 7.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,680 shares of the basic materials company’s stock after selling 403 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in CF Industries were worth $402,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. boosted its stake 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 buying an additional 2,912,942 shares in the last quarter. Boston Partners lifted its holdings in shares of CF Industries by 37.5% during the first 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 period. International Assets Investment Management LLC boosted its stake in shares of 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 purchasing an additional 431,910 shares in the last quarter. LSV Asset Management grew its holdings in shares of CF Industries by 154.3% in the 2nd quarter. LSV Asset Management now owns 408,703 shares of the basic materials company’s stock worth $30,293,000 after purchasing an additional 248,003 shares during the last quarter. Finally, Swedbank AB acquired a new stake in shares of CF Industries during the 1st quarter worth about $19,824,000. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Trading Down 1.1 %

Shares of CF opened at $83.71 on Friday. The stock’s fifty day simple moving average is $83.58 and its 200-day simple moving average is $78.65. The firm has a market capitalization of $14.57 billion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 2.26 and a beta of 0.97. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $90.86. 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 announced its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, topping the consensus estimate 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 company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.85 EPS. As a group, research analysts predict that CF Industries Holdings, Inc. will post 6.12 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.50 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.39%. CF Industries’s payout ratio is presently 31.65%.

Insiders Place Their Bets

In other news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.02, for a total value of $648,234.02. Following the transaction, the vice president now owns 29,211 shares of the company’s stock, valued at $2,629,574.22. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, VP Ashraf K. Malik sold 7,201 shares of the company’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 directly owns 29,211 shares of the company’s stock, valued at $2,629,574.22. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares in the company, valued at $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price target on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. Barclays boosted 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. Royal Bank of Canada raised their price target on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. UBS Group boosted their price objective on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th. Finally, Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a research note on Wednesday, October 16th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $88.42.

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.