CF Industries Holdings, Inc. (NYSE:CF) Position Boosted by GAMMA Investing LLC

GAMMA Investing LLC increased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 46.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,392 shares of the basic materials company’s stock after purchasing an additional 1,070 shares during the quarter. GAMMA Investing LLC’s holdings in CF Industries were worth $291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Westside Investment Management Inc. acquired a new stake in CF Industries in the first quarter worth approximately $25,000. Quent Capital LLC lifted its position in CF Industries by 132.1% in the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 284 shares during the period. UMB Bank n.a. lifted its position in CF Industries by 40.4% in the second 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 period. Kimelman & Baird LLC acquired a new stake in CF Industries in the second quarter worth approximately $50,000. Finally, nVerses Capital LLC lifted its position in CF Industries by 250.0% in the second quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 500 shares during the period. 93.06% of the stock is owned by institutional investors.

CF Industries Price Performance

Shares of NYSE:CF opened at $88.28 on Friday. The company’s fifty day moving average is $81.54 and its two-hundred day moving average is $78.22. The company has a quick ratio of 4.19, a current ratio of 4.70 and a debt-to-equity ratio of 0.37. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $90.86. The company has a market cap of $16.14 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 2.38 and a beta of 0.95.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.50. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $2.70 EPS. The company’s revenue was down 11.4% on a year-over-year basis. Equities analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

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 $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date is Friday, November 15th. CF Industries’s dividend payout ratio (DPR) is presently 33.22%.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of recent research reports. Mizuho increased their price objective on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Wednesday. Bank of America increased their price objective on CF Industries from $76.00 to $83.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. UBS Group increased their price objective on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Royal Bank of Canada increased their price objective on CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Finally, Scotiabank increased their price objective on CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $88.09.

Insider Transactions at CF Industries

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

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.