Continuum Advisory LLC Buys 4,196 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Continuum Advisory LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 11.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,538 shares of the basic materials company’s stock after acquiring an additional 4,196 shares during the period. Continuum Advisory LLC’s holdings in CF Industries were worth $3,561,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CF. Cetera Investment Advisers increased its holdings in shares of CF Industries by 286.0% in the first quarter. Cetera Investment Advisers now owns 34,439 shares of the basic materials company’s stock valued at $2,866,000 after purchasing an additional 25,516 shares in the last quarter. Cetera Advisors LLC boosted its stake in CF Industries by 10.7% during the 1st quarter. Cetera Advisors LLC now owns 4,877 shares of the basic materials company’s stock worth $406,000 after acquiring an additional 473 shares during the last quarter. Czech National Bank grew its holdings in CF Industries by 3.6% during the second quarter. Czech National Bank now owns 34,831 shares of the basic materials company’s stock valued at $2,582,000 after purchasing an additional 1,215 shares during the period. V Square Quantitative Management LLC increased its stake in CF Industries by 20.7% in the second quarter. V Square Quantitative Management LLC now owns 3,277 shares of the basic materials company’s stock valued at $243,000 after purchasing an additional 563 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in CF Industries by 17.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 50,243 shares of the basic materials company’s stock worth $3,724,000 after purchasing an additional 7,294 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the sale, the vice president now owns 22,211 shares in the company, valued at $2,016,314.58. This trade represents a 23.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total value of $325,010.00. Following the transaction, the executive vice president now directly owns 62,768 shares in the company, valued at approximately $5,828,636.48. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,701 shares of company stock valued at $2,052,704 in the last quarter. 0.48% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of recent analyst reports. Scotiabank upped their price objective on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. Wells Fargo & Company upped their target price on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 24th. Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective on the stock. in a report on Wednesday, October 16th. UBS Group lifted their target price 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, Barclays upped their price target on shares of CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, October 11th. Two analysts have 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 an average rating of “Hold” and a consensus target price of $88.42.

CF Industries Stock Performance

Shares of CF Industries stock opened at $88.44 on Monday. 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 has a market cap of $15.39 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 2.33 and a beta of 0.98. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $94.46. The business has a 50 day moving average price of $86.59 and a 200-day moving average price of $80.33.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.50. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The business’s revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.85 earnings per share. Equities analysts anticipate that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend was Friday, November 15th. CF Industries’s payout ratio is currently 31.65%.

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.