Sanctuary Advisors LLC Invests $1.30 Million in CF Industries Holdings, Inc. (NYSE:CF)

Sanctuary Advisors LLC acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 16,208 shares of the basic materials company’s stock, valued at approximately $1,297,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Coronation Fund Managers Ltd. increased its stake in shares of CF Industries by 8.4% in the second quarter. Coronation Fund Managers Ltd. now owns 128,320 shares of the basic materials company’s stock valued at $9,511,000 after purchasing an additional 9,943 shares during the period. 3Chopt Investment Partners LLC raised its stake in CF Industries by 2.4% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 10,410 shares of the basic materials company’s stock valued at $772,000 after acquiring an additional 242 shares in the last quarter. Kimelman & Baird LLC acquired a new position in CF Industries during the 2nd quarter worth $50,000. B. Riley Wealth Advisors Inc. bought a new position in shares of CF Industries in the second quarter worth $438,000. Finally, Creative Planning increased its holdings in shares of CF Industries by 8.8% during the second quarter. Creative Planning now owns 23,316 shares of the basic materials company’s stock valued at $1,728,000 after purchasing an additional 1,894 shares during the period. 93.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CF. BMO Capital Markets increased their target price on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Wells Fargo & Company raised their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday, September 24th. Barclays upgraded CF Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $80.00 to $90.00 in a research report on Friday, August 16th. Scotiabank boosted their price objective on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research note on Monday, August 12th. Finally, Royal Bank of Canada raised their target price on CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $88.09.

Insider Transactions at CF Industries

In other news, VP Ashraf K. Malik sold 7,201 shares of the business’s stock in a transaction that occurred 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 sale, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.00, for a total value 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 represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Ashraf K. Malik sold 7,201 shares of the business’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 sale, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

CF Industries Stock Performance

CF Industries stock opened at $88.28 on Friday. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $90.86. The firm’s 50 day simple moving average is $81.54 and its 200-day simple moving average is $78.22. 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 company has a market cap of $16.14 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 2.38 and a beta of 0.95.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.50. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the company posted $2.70 EPS. The firm’s revenue was down 11.4% on a year-over-year basis. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 annualized dividend and a yield of 2.27%. CF Industries’s dividend payout ratio is 33.22%.

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.