JNBA Financial Advisors Sells 2,891 Shares of CF Industries Holdings, Inc. (NYSE:CF)

JNBA Financial Advisors cut its position in CF Industries Holdings, Inc. (NYSE:CF) by 4.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 66,853 shares of the basic materials company’s stock after selling 2,891 shares during the period. JNBA Financial Advisors’ holdings in CF Industries were worth $5,736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CF. Concurrent Investment Advisors LLC boosted its holdings in shares of CF Industries by 4.5% in the 1st quarter. Concurrent Investment Advisors LLC now owns 3,236 shares of the basic materials company’s stock valued at $269,000 after buying an additional 140 shares in the last quarter. Bleakley Financial Group LLC raised its stake in CF Industries by 4.8% in the first quarter. Bleakley Financial Group LLC now owns 3,089 shares of the basic materials company’s stock valued at $257,000 after buying an additional 141 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in CF Industries by 8.5% in the second quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock worth $139,000 after acquiring an additional 146 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its position in CF Industries by 28.1% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 167 shares during the last quarter. Finally, UMB Bank n.a. increased its position in shares of CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 191 shares during the period. 93.06% of the stock is currently owned by institutional investors.

Insider Transactions at CF Industries

In other news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction that occurred 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 sale, the vice president now directly owns 29,211 shares in the company, valued at $2,629,574.22. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was 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 in the company, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 completion of the sale, the executive vice president now directly owns 66,268 shares of the company’s stock, valued at $5,964,120. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.48% of the company’s stock.

CF Industries Stock Down 4.2 %

Shares of NYSE:CF traded down $3.64 during trading hours on Wednesday, reaching $82.92. The stock had a trading volume of 939,180 shares, compared to its average volume of 2,067,425. The stock has a market capitalization of $14.43 billion, a price-to-earnings ratio of 13.17, a P/E/G ratio of 2.34 and a beta of 0.97. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The firm’s 50 day moving average is $83.51 and its 200-day moving average is $78.54. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $90.86.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the previous year, the company posted $0.85 EPS. The company’s quarterly revenue was up 7.6% on a year-over-year basis. Research analysts predict that CF Industries Holdings, Inc. will post 5.98 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.50 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.41%. CF Industries’s dividend payout ratio (DPR) is presently 31.65%.

Wall Street Analyst Weigh In

CF has been the subject of several research analyst reports. Bank of America cut 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. BMO Capital Markets increased their price objective on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, August 9th. UBS Group lifted their price target on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th. 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. Finally, Redburn Atlantic assumed coverage on shares of CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, CF Industries has an average rating of “Hold” and an average price target of $88.08.

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.