Vontobel Holding Ltd. Sells 282 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Vontobel Holding Ltd. cut its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 0.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,701 shares of the basic materials company’s stock after selling 282 shares during the period. Vontobel Holding Ltd.’s holdings in CF Industries were worth $4,007,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CF. Westside Investment Management Inc. acquired a new position in CF Industries during the first quarter valued at approximately $25,000. Quent Capital LLC boosted its holdings in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after buying an additional 284 shares during the last quarter. UMB Bank n.a. grew 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 acquired a new position in CF Industries during the second quarter worth $50,000. Finally, nVerses Capital LLC increased its holdings in CF Industries by 250.0% during the second quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock worth $52,000 after buying an additional 500 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

CF has been the subject of a number of analyst reports. Barclays lifted 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. BMO Capital Markets lifted their price target on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Wells Fargo & Company boosted 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. UBS Group raised their price objective on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Finally, Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a report on Wednesday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus price target of $87.67.

CF Industries Price Performance

NYSE:CF opened at $83.99 on Friday. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $90.86. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70. The firm’s 50-day simple moving average is $82.79 and its 200 day simple moving average is $78.33. The firm has a market cap of $15.35 billion, a price-to-earnings ratio of 13.95, 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, August 7th. The basic materials company reported $2.30 EPS for the quarter, topping the consensus estimate of $1.80 by $0.50. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The business’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same period last year, the firm earned $2.70 earnings per share. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.84 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders 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 dividend yield of 2.38%. The ex-dividend date is Friday, November 15th. CF Industries’s dividend payout ratio (DPR) is currently 33.22%.

Insider Buying and Selling

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 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 in the company, valued at approximately $2,629,574.22. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 value of $648,234.02. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the company’s stock in a transaction 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 sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at approximately $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

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.