Wilmington Savings Fund Society FSB Acquires Shares of 11,578 CF Industries Holdings, Inc. (NYSE:CF)

Wilmington Savings Fund Society FSB bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,578 shares of the basic materials company’s stock, valued at approximately $993,000.

Several other large investors have also made changes to their positions in the company. Kingsview Wealth Management LLC bought a new stake in CF Industries during the 3rd quarter worth about $3,149,000. AMG National Trust Bank acquired a new stake in shares of CF Industries during the 3rd quarter worth approximately $887,000. Entropy Technologies LP raised its stake in shares of CF Industries by 104.1% during the third quarter. Entropy Technologies LP now owns 31,111 shares of the basic materials company’s stock worth $2,669,000 after buying an additional 15,866 shares during the last quarter. Swedbank AB lifted its holdings in CF Industries by 3.8% in the third quarter. Swedbank AB now owns 271,198 shares of the basic materials company’s stock valued at $23,269,000 after buying an additional 9,815 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in CF Industries by 57.2% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 35,958 shares of the basic materials company’s stock worth $2,665,000 after acquiring an additional 13,081 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of a number of analyst reports. Oppenheimer assumed coverage on CF Industries in a research note on Thursday. They issued an “outperform” rating and a $114.00 price target on the stock. Wells Fargo & Company raised their target price on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Tuesday, September 24th. UBS Group boosted their target price on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, August 26th. Barclays lifted their price objective on shares of CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Finally, Redburn Atlantic assumed coverage on shares of CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and an average price target of $90.38.

Insider Transactions at CF Industries

In related news, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at approximately $5,964,120. The trade was a 2.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 22,701 shares of company stock valued at $2,052,704 over the last 90 days. 0.42% of the stock is owned by corporate insiders.

CF Industries Trading Down 0.7 %

CF opened at $89.50 on Friday. The firm’s fifty day simple moving average is $86.71 and its 200 day simple moving average is $80.70. The stock has a market capitalization of $15.57 billion, a P/E ratio of 14.16, a P/E/G ratio of 2.37 and a beta of 0.98. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $94.46.

CF Industries (NYSE:CF) last posted its quarterly earnings data 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. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the prior year, the firm earned $0.85 earnings per share. CF Industries’s revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.23%. CF Industries’s dividend payout ratio (DPR) is presently 31.65%.

CF Industries Company 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.