CF Industries Holdings, Inc. (CF) Shares Sold by Great West Life Assurance Co. Can

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Great West Life Assurance Co. Can decreased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 9.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 171,809 shares of the basic materials company’s stock after selling 17,084 shares during the quarter. Great West Life Assurance Co. Can’s holdings in CF Industries were worth $9,358,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Janney Montgomery Scott LLC grew its stake in shares of CF Industries by 5.3% during the third quarter. Janney Montgomery Scott LLC now owns 20,412 shares of the basic materials company’s stock worth $1,111,000 after purchasing an additional 1,031 shares in the last quarter. Convergence Investment Partners LLC grew its stake in shares of CF Industries by 1.2% during the second quarter. Convergence Investment Partners LLC now owns 106,567 shares of the basic materials company’s stock worth $4,732,000 after purchasing an additional 1,312 shares in the last quarter. Dupont Capital Management Corp grew its stake in shares of CF Industries by 46.2% during the second quarter. Dupont Capital Management Corp now owns 4,226 shares of the basic materials company’s stock worth $188,000 after purchasing an additional 1,335 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in CF Industries by 4.6% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 32,137 shares of the basic materials company’s stock valued at $1,427,000 after acquiring an additional 1,401 shares in the last quarter. Finally, IFM Investors Pty Ltd boosted its stake in CF Industries by 13.8% in the third quarter. IFM Investors Pty Ltd now owns 12,576 shares of the basic materials company’s stock valued at $685,000 after acquiring an additional 1,526 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Several research firms have issued reports on CF. ValuEngine downgraded shares of CF Industries from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 15th. Citigroup upgraded shares of CF Industries from a “neutral” rating to a “buy” rating and upped their price objective for the company from $56.00 to $60.00 in a research note on Friday, November 2nd. Bank of America upgraded shares of CF Industries from an “underperform” rating to a “buy” rating and set a $55.00 price objective for the company in a research note on Wednesday, October 31st. Morgan Stanley upped their price objective on shares of CF Industries from $37.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday, October 10th. Finally, Cowen upped their price objective on shares of CF Industries from $60.00 to $68.00 and gave the company an “outperform” rating in a research note on Thursday, October 4th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $51.52.

In other news, Director Stephen A. Furbacher sold 3,500 shares of the company’s stock in a transaction dated Friday, November 9th. The shares were sold at an average price of $52.45, for a total value of $183,575.00. Following the completion of the sale, the director now directly owns 50,190 shares of the company’s stock, valued at $2,632,465.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by corporate insiders.

NYSE CF opened at $41.03 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 1.69. CF Industries Holdings, Inc. has a 1 year low of $35.70 and a 1 year high of $56.51. The firm has a market capitalization of $9.59 billion, a price-to-earnings ratio of 41.15, a P/E/G ratio of 4.29 and a beta of 1.06.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, October 31st. The basic materials company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). CF Industries had a net margin of 16.06% and a return on equity of 3.69%. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $993.94 million. During the same period in the previous year, the company posted ($0.39) earnings per share. CF Industries’s quarterly revenue was up 19.5% on a year-over-year basis. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 1.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Thursday, November 15th were issued a $0.30 dividend. The ex-dividend date was Wednesday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.92%. CF Industries’s payout ratio is -480.00%.

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CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

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Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF).

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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