Swedbank AB Increases Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Swedbank AB lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 271,198 shares of the basic materials company’s stock after buying an additional 9,815 shares during the quarter. Swedbank AB owned about 0.16% of CF Industries worth $23,269,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. First Horizon Advisors Inc. increased its position in CF Industries by 8.5% during the second quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock worth $139,000 after buying an additional 146 shares during the period. Massmutual Trust Co. FSB ADV increased its holdings 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 valued at $56,000 after acquiring an additional 167 shares during the period. PNC Financial Services Group Inc. boosted its stake in CF Industries by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock worth $2,004,000 after purchasing an additional 179 shares during the period. UMB Bank n.a. grew its position in CF Industries by 40.4% during the 2nd 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. Finally, Westwood Holdings Group Inc. increased its stake in CF Industries by 6.2% in the second quarter. Westwood Holdings Group Inc. now owns 3,399 shares of the basic materials company’s stock valued at $252,000 after purchasing an additional 197 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Stock Down 2.6 %

Shares of NYSE CF opened at $87.42 on Tuesday. The stock has a market capitalization of $15.21 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 2.37 and a beta of 0.97. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $91.06. The firm has a 50-day moving average price of $85.41 and a 200 day moving average price of $79.47. 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 posted its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $0.85 EPS. Equities research analysts anticipate that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.29%. CF Industries’s payout ratio is 31.65%.

Analyst Ratings Changes

CF has been the subject of several recent research reports. Barclays increased their target price on shares of CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Royal Bank of Canada boosted their target price on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. BMO Capital Markets increased 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. Mizuho boosted their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company raised their target price on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $88.42.

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the sale, the executive vice president now owns 66,268 shares in the company, valued at approximately $5,964,120. This represents a 2.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at $9,077,640. The trade was a 2.83 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,201 shares of company stock valued at $1,727,694. Insiders own 0.48% of the company’s stock.

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.