CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Forum Financial Management LP

Forum Financial Management LP lessened its position in CF Industries Holdings, Inc. (NYSE:CF) by 8.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,566 shares of the basic materials company’s stock after selling 317 shares during the period. Forum Financial Management LP’s holdings in CF Industries were worth $306,000 at the end of the most recent reporting period.

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

Insider Activity

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on CF. Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a research note on Wednesday, October 16th. BMO Capital Markets increased their target price on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Mizuho lifted their price target on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. UBS Group increased 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, Wells Fargo & Company lifted their target price on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday, September 24th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries has an average rating of “Hold” and an average target price of $88.08.

CF Industries Price Performance

Shares of CF opened at $86.56 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The firm has a market cap of $15.06 billion, a PE ratio of 13.67, a PEG ratio of 2.34 and a beta of 0.97. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $90.86. The firm’s 50 day moving average price is $83.41 and its 200 day moving average price is $78.49.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.50. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. CF Industries’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.85 EPS. As a group, research analysts expect that CF Industries Holdings, Inc. will post 5.98 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.31%. CF Industries’s dividend payout ratio (DPR) is presently 31.65%.

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.