Coldstream Capital Management Inc. Raises Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Coldstream Capital Management Inc. lifted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 4.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,883 shares of the basic materials company’s stock after purchasing an additional 135 shares during the quarter. Coldstream Capital Management Inc.’s holdings in CF Industries were worth $247,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Kingsview Wealth Management LLC acquired a new stake in shares of CF Industries during the third quarter worth $3,149,000. AMG National Trust Bank purchased a new position in CF Industries in the 3rd quarter worth $887,000. Swedbank AB lifted its position in CF Industries by 3.8% during the 3rd quarter. Swedbank AB now owns 271,198 shares of the basic materials company’s stock worth $23,269,000 after acquiring an additional 9,815 shares during the period. Entropy Technologies LP grew its stake in CF Industries by 104.1% during the 3rd quarter. Entropy Technologies LP now owns 31,111 shares of the basic materials company’s stock valued at $2,669,000 after purchasing an additional 15,866 shares during the last quarter. Finally, Quantinno Capital Management LP increased its holdings in shares of CF Industries by 118.7% in the third quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock valued at $1,372,000 after purchasing an additional 8,679 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Performance

Shares of CF stock opened at $86.67 on Tuesday. The company has a market capitalization of $15.08 billion, a P/E ratio of 13.71, a P/E/G ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $94.46. The business’s 50 day moving average is $86.68 and its two-hundred day moving average is $80.80. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last released 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 firm had revenue of $1.37 billion for 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%. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.85 EPS. Analysts expect that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was 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%.

Wall Street Analysts Forecast Growth

CF has been the topic of a number of recent research reports. UBS Group upped their target price on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Mizuho upped their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Piper Sandler raised their target price on shares of CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a report on Friday, November 8th. Redburn Atlantic started coverage on shares of CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target on the stock. Finally, Bank of America lowered 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. Two research analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $90.38.

Insider Activity at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the transaction, the vice president now owns 29,211 shares of the company’s stock, valued at $2,629,574.22. This represents a 19.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of CF Industries stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 103,155 shares in the company, valued at $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,701 shares of company stock valued at $2,052,704. 0.42% of the stock is owned by corporate insiders.

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.