CF Industries Holdings, Inc. (CF) Holdings Cut by Wells Fargo & Company MN

Wells Fargo & Company MN lessened its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,411,381 shares of the basic materials company’s stock after selling 61,807 shares during the period. Wells Fargo & Company MN owned about 0.61% of CF Industries worth $49,624,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in CF Industries by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 24,160,218 shares of the basic materials company’s stock worth $675,520,000 after buying an additional 523,655 shares during the period. Capital World Investors raised its holdings in CF Industries by 21.4% during the 2nd quarter. Capital World Investors now owns 15,203,728 shares of the basic materials company’s stock worth $425,096,000 after buying an additional 2,675,809 shares during the period. Dimensional Fund Advisors LP grew its stake in CF Industries by 3.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,888,875 shares of the basic materials company’s stock valued at $108,724,000 after acquiring an additional 114,534 shares in the last quarter. Tyrus Capital S.A.M. grew its stake in CF Industries by 7.8% during the 2nd quarter. Tyrus Capital S.A.M. now owns 2,815,000 shares of the basic materials company’s stock valued at $78,707,000 after acquiring an additional 204,885 shares in the last quarter. Finally, Glendon Capital Management LP grew its stake in CF Industries by 14.3% during the 2nd quarter. Glendon Capital Management LP now owns 2,619,751 shares of the basic materials company’s stock valued at $73,248,000 after acquiring an additional 327,600 shares in the last quarter.

CF has been the topic of several research analyst reports. Zacks Investment Research raised CF Industries from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Wednesday, October 25th. UBS reaffirmed a “buy” rating and set a $40.00 target price (up previously from $33.00) on shares of CF Industries in a research note on Wednesday, October 4th. Stephens initiated coverage on CF Industries in a research note on Monday, December 4th. They set an “equal weight” rating and a $38.00 target price on the stock. Piper Jaffray Companies reaffirmed a “hold” rating and set a $28.00 target price on shares of CF Industries in a research note on Tuesday, September 5th. Finally, initiated coverage on CF Industries in a research note on Wednesday, October 11th. They set a “hold” rating and a $36.30 target price on the stock. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $34.95.

In related news, Director Stephen A. Furbacher sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $36.00, for a total value of $126,000.00. Following the completion of the sale, the director now owns 50,854 shares of the company’s stock, valued at approximately $1,830,744. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Bert A. Frost sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $36.50, for a total value of $273,750.00. Following the completion of the sale, the vice president now directly owns 67,232 shares of the company’s stock, valued at approximately $2,453,968. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.

Shares of CF Industries Holdings, Inc. (CF) opened at $39.26 on Friday. CF Industries Holdings, Inc. has a 12 month low of $25.04 and a 12 month high of $39.68. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.80.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.04). The firm had revenue of $870.00 million during the quarter, compared to the consensus estimate of $733.63 million. CF Industries had a negative net margin of 10.95% and a negative return on equity of 2.29%. The company’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS. equities research analysts anticipate that CF Industries Holdings, Inc. will post -0.35 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.06%. CF Industries’s payout ratio is -65.57%.

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CF Industries Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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