Sippican Capital Advisors Sells 4,195 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Sippican Capital Advisors trimmed its stake in CF Industries Holdings, Inc. (NYSE:CF) by 24.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,306 shares of the basic materials company’s stock after selling 4,195 shares during the period. Sippican Capital Advisors’ holdings in CF Industries were worth $1,142,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. bought a new stake in shares of CF Industries in the 1st quarter valued at approximately $25,000. Wolff Wiese Magana LLC purchased a new position in CF Industries during the 3rd quarter worth $28,000. Quent Capital LLC increased its holdings in CF Industries by 132.1% during the 3rd 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. increased its holdings 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. Finally, Kimelman & Baird LLC acquired a new stake in shares of CF Industries in the 2nd quarter worth $50,000. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on CF shares. 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 report on Monday, August 26th. Mizuho lifted their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Redburn Atlantic started coverage on CF Industries in a research report on Friday, October 18th. They set a “neutral” rating and a $77.00 price target for the company. Wells Fargo & Company lifted their price target on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Finally, Royal Bank of Canada boosted their price objective on CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus target price of $87.67.

CF Industries Trading Up 0.5 %

Shares of CF traded up $0.44 during mid-day trading on Thursday, reaching $82.22. The stock had a trading volume of 187,639 shares, compared to its average volume of 2,064,343. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $90.86. The business’s fifty day moving average is $83.18 and its 200 day moving average is $78.36. The firm has a market cap of $14.83 billion, a price-to-earnings ratio of 14.55, a P/E/G ratio of 2.49 and a beta of 0.95.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.50. The company had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. CF Industries’s revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.85 earnings per share. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.84 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Friday, November 15th. CF Industries’s dividend payout ratio (DPR) is currently 35.59%.

Insider Buying and Selling at CF Industries

In other news, VP Ashraf K. Malik sold 7,201 shares of CF Industries 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 completion of the transaction, the vice president now owns 29,211 shares of the company’s stock, valued at $2,629,574.22. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, VP Ashraf K. Malik sold 7,201 shares of the business’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.02, for a total value 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 approximately $2,629,574.22. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the business’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the transaction, 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. 0.48% of the stock is owned by corporate 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.