CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by JNBA Financial Advisors

JNBA Financial Advisors reduced its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Wolff Wiese Magana LLC acquired a new stake in CF Industries during the 3rd quarter valued at $28,000. Quent Capital LLC grew its holdings in shares of 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 in the last quarter. UMB Bank n.a. boosted its position in shares of CF Industries by 40.4% during 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 in the last quarter. Kimelman & Baird LLC bought a new stake in CF Industries in the second quarter valued at $50,000. Finally, nVerses Capital LLC boosted its holdings in shares of CF Industries by 250.0% in the 2nd quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock worth $52,000 after acquiring an additional 500 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Down 4.2 %

CF stock traded down $3.64 during trading 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 company 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 quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average is $83.51 and its two-hundred day moving average is $78.54. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $90.86.

CF Industries (NYSE:CF) last posted 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. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter last year, the company earned $0.85 earnings per share. The company’s revenue was up 7.6% on a year-over-year basis. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.98 EPS for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.41%. The ex-dividend date is Friday, November 15th. CF Industries’s dividend payout ratio is currently 31.65%.

Analyst Ratings Changes

Several research analysts recently weighed in on CF shares. Redburn Atlantic initiated coverage on shares of CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. BMO Capital Markets lifted their price objective on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Scotiabank upped their target price on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research note on Monday, August 12th. Wells Fargo & Company lifted their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Finally, Barclays upped their price objective on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $88.08.

Insiders Place Their Bets

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares in the company, valued at approximately $2,629,574.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, VP Ashraf K. Malik sold 7,201 shares of CF Industries 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 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction that occurred 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 sale, the executive vice president now owns 66,268 shares in the company, valued at approximately $5,964,120. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.48% of the company’s stock.

About CF Industries

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.