CF Industries Holdings, Inc. $CF Stock Bought by Brown Lisle Cummings Inc.

Brown Lisle Cummings Inc. increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 431.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 15,764 shares of the basic materials company’s stock after purchasing an additional 12,800 shares during the period. Brown Lisle Cummings Inc.’s holdings in CF Industries were worth $1,965,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. IFP Advisors Inc grew its position in CF Industries by 342.9% in the third quarter. IFP Advisors Inc now owns 29,553 shares of the basic materials company’s stock valued at $3,667,000 after acquiring an additional 22,880 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in CF Industries by 3,023.0% during the third quarter. TD Waterhouse Canada Inc. now owns 210,987 shares of the basic materials company’s stock worth $26,440,000 after acquiring an additional 204,231 shares in the last quarter. Banque Pictet & Cie SA acquired a new position in CF Industries during the third quarter worth about $576,000. Cyndeo Wealth Partners LLC raised its stake in CF Industries by 452.8% during the third quarter. Cyndeo Wealth Partners LLC now owns 17,353 shares of the basic materials company’s stock worth $2,159,000 after acquiring an additional 14,214 shares in the last quarter. Finally, Pension & Wealth Management Advisors Inc. acquired a new position in CF Industries during the third quarter worth about $193,000. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Trading Up 0.9%

Shares of CF stock opened at $120.90 on Friday. The firm has a market capitalization of $18.30 billion, a P/E ratio of 8.96, a P/E/G ratio of 0.23 and a beta of 0.53. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. The stock’s fifty day simple moving average is $123.78 and its 200 day simple moving average is $120.31.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%. CF Industries’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the company earned $2.37 EPS. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 13.90 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, November 16th. CF Industries’s payout ratio is 17.79%.

Analyst Ratings Changes

A number of research firms have recently commented on CF. Morgan Stanley dropped their target price on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. KeyCorp assumed coverage on shares of CF Industries in a report on Thursday, September 10th. They set an “underweight” rating and a $115.00 price target on the stock. Weiss Ratings upgraded shares of CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, September 16th. Freedom Broker cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 26th. Finally, The Goldman Sachs Group dropped their price objective on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $121.11.

CF Industries Profile

CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.