Resonant Capital Advisors LLC Has $377,000 Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Resonant Capital Advisors LLC boosted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 17.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,394 shares of the basic materials company’s stock after buying an additional 637 shares during the period. Resonant Capital Advisors LLC’s holdings in CF Industries were worth $377,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CF. Victory Capital Management Inc. raised its holdings in shares of CF Industries by 401.2% during the second quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock worth $269,729,000 after acquiring an additional 2,912,942 shares during the period. Boston Partners raised its stake in shares of CF Industries by 37.5% in the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock valued at $254,920,000 after purchasing an additional 835,557 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of CF Industries by 7.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company’s stock valued at $212,823,000 after purchasing an additional 198,246 shares during the period. Earnest Partners LLC boosted its position in shares of CF Industries by 2.8% during the second quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock worth $162,584,000 after buying an additional 59,674 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of CF Industries by 5.1% during the second quarter. Sei Investments Co. now owns 1,422,493 shares of the basic materials company’s stock worth $105,435,000 after buying an additional 68,834 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Activity

In other CF Industries news, 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 value of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares in the company, valued at $5,964,120. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of CF Industries 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 completion of the transaction, the executive vice president now directly owns 66,268 shares of the company’s stock, valued at $5,964,120. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Ashraf K. Malik sold 7,201 shares of the company’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 sale, the vice president now owns 29,211 shares of the company’s stock, valued at approximately $2,629,574.22. The trade was 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 currently owned by company insiders.

CF Industries Stock Performance

NYSE CF opened at $83.99 on Monday. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $90.86. The stock has a market cap of $15.35 billion, a PE ratio of 13.95, a P/E/G ratio of 2.49 and a beta of 0.95. The firm has a 50-day moving average of $82.79 and a 200-day moving average of $78.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, beating the consensus estimate of $1.80 by $0.50. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.52 billion. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The firm’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.70 earnings per share. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.84 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. Stockholders of record on Friday, November 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Friday, November 15th. CF Industries’s dividend payout ratio is currently 33.22%.

Analysts Set New Price Targets

A number of research firms have weighed in on CF. Wells Fargo & Company upped 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. BMO Capital Markets raised their price objective on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Scotiabank increased their price target on CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. Mizuho boosted their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Finally, Royal Bank of Canada increased 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. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $87.67.

CF Industries 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.