B & T Capital Management DBA Alpha Capital Management Buys 512 Shares of CF Industries Holdings, Inc. (NYSE:CF)

B & T Capital Management DBA Alpha Capital Management grew its position in CF Industries Holdings, Inc. (NYSE:CF) by 1.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 48,980 shares of the basic materials company’s stock after purchasing an additional 512 shares during the period. B & T Capital Management DBA Alpha Capital Management’s holdings in CF Industries were worth $4,202,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Westside Investment Management Inc. acquired a new position in shares of CF Industries in the 1st quarter worth approximately $25,000. Quent Capital LLC grew its holdings in shares of CF Industries by 132.1% during the third 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 last quarter. UMB Bank n.a. increased its stake in shares of CF Industries by 40.4% in the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after buying an additional 191 shares in the last quarter. Kimelman & Baird LLC bought a new position in shares of CF Industries in the second quarter valued at about $50,000. Finally, nVerses Capital LLC lifted its position in CF Industries by 250.0% during the 2nd quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock worth $52,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity at CF Industries

In other news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction dated Friday, October 4th. The shares were 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 directly owns 29,211 shares in the company, valued at $2,629,574.22. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction 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 completion of the transaction, the vice president now directly owns 29,211 shares of the company’s stock, valued at approximately $2,629,574.22. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Susan L. Menzel sold 2,000 shares of CF Industries 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 approximately $5,964,120. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CF has been the subject of several research reports. Mizuho raised their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Wednesday. Bank of America increased their price objective on CF Industries from $76.00 to $83.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. UBS Group boosted their price objective on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Barclays upgraded CF Industries from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $80.00 to $90.00 in a research report on Friday, August 16th. Finally, Royal Bank of Canada upped 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. One research analyst has 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, the stock currently has an average rating of “Hold” and a consensus price target of $88.09.

CF Industries Stock Up 0.7 %

CF traded up $0.65 during trading on Thursday, reaching $88.10. The company had a trading volume of 449,161 shares, compared to its average volume of 2,122,395. The company has a market cap of $16.10 billion, a P/E ratio of 14.50, a PEG ratio of 2.38 and a beta of 0.95. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $90.86. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19. The business’s fifty day moving average price is $81.30 and its 200 day moving average price is $78.15.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.50. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The company’s revenue for the quarter was down 11.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.70 EPS. Equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.27%. The ex-dividend date is Friday, November 15th. CF Industries’s payout ratio is 33.22%.

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.