CF Industries Holdings, Inc. (CF) Shares Sold by Hussman Strategic Advisors Inc.

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Hussman Strategic Advisors Inc. cut its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 33.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,000 shares of the basic materials company’s stock after selling 25,000 shares during the period. Hussman Strategic Advisors Inc.’s holdings in CF Industries were worth $2,722,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Convergence Investment Partners LLC raised its position in shares of CF Industries by 1.2% in the 2nd quarter. Convergence Investment Partners LLC now owns 106,567 shares of the basic materials company’s stock worth $4,732,000 after acquiring an additional 1,312 shares in the last quarter. Dupont Capital Management Corp raised its position in shares of CF Industries by 46.2% in the 2nd quarter. Dupont Capital Management Corp now owns 4,226 shares of the basic materials company’s stock worth $188,000 after acquiring an additional 1,335 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of CF Industries by 4.6% in the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 32,137 shares of the basic materials company’s stock worth $1,427,000 after acquiring an additional 1,401 shares in the last quarter. IFM Investors Pty Ltd raised its position in shares of CF Industries by 13.8% in the 3rd quarter. IFM Investors Pty Ltd now owns 12,576 shares of the basic materials company’s stock worth $685,000 after acquiring an additional 1,526 shares in the last quarter. Finally, DnB Asset Management AS raised its position in shares of CF Industries by 6.6% in the 2nd quarter. DnB Asset Management AS now owns 25,945 shares of the basic materials company’s stock worth $1,152,000 after acquiring an additional 1,600 shares in the last quarter. 99.01% of the stock is owned by institutional investors and hedge funds.

In other CF Industries news, Director Stephen A. Furbacher sold 2,000 shares of the business’s stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $49.52, for a total transaction of $99,040.00. Following the sale, the director now owns 54,690 shares in the company, valued at approximately $2,708,248.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Stephen A. Furbacher sold 1,000 shares of the business’s stock in a transaction dated Wednesday, August 29th. The shares were sold at an average price of $51.43, for a total value of $51,430.00. Following the sale, the director now owns 53,690 shares in the company, valued at approximately $2,761,276.70. The disclosure for this sale can be found here. In the last quarter, insiders have sold 40,131 shares of company stock worth $1,976,560. Company insiders own 1.00% of the company’s stock.

CF Industries stock opened at $48.03 on Thursday. The company has a current ratio of 2.80, a quick ratio of 2.26 and a debt-to-equity ratio of 0.74. The stock has a market cap of $10.80 billion, a price-to-earnings ratio of -192.12, a PEG ratio of 5.06 and a beta of 0.99. CF Industries Holdings, Inc. has a fifty-two week low of $33.50 and a fifty-two week high of $56.51.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, October 31st. The basic materials company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.02). The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $993.94 million. CF Industries had a net margin of 13.94% and a return on equity of 1.82%. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.39) EPS. On average, research analysts forecast that CF Industries Holdings, Inc. will post 1.52 earnings per share for the current year.

CF Industries announced that its Board of Directors has approved a share repurchase program on Wednesday, August 1st that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the basic materials company to buy up to 4.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 30th. Shareholders of record on Thursday, November 15th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 14th. This represents a $1.20 annualized dividend and a yield of 2.50%. CF Industries’s payout ratio is presently -480.00%.

Several research analysts recently weighed in on CF shares. Stephens restated a “hold” rating and set a $53.00 target price on shares of CF Industries in a research note on Friday, August 3rd. Royal Bank of Canada set a $50.00 target price on CF Industries and gave the stock a “hold” rating in a research note on Monday, October 1st. UBS Group boosted their target price on CF Industries from $58.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday, October 2nd. HSBC upgraded CF Industries from a “hold” rating to a “buy” rating and set a $36.30 target price on the stock in a research note on Tuesday, August 7th. Finally, Cowen boosted their target price on CF Industries from $60.00 to $68.00 and gave the stock an “outperform” rating in a research note on Thursday, October 4th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $50.78.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

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

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