Cynosure Group LLC Has $375,000 Position in CF Industries Holdings, Inc. (NYSE:CF)

Cynosure Group LLC cut its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 13.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,367 shares of the basic materials company’s stock after selling 696 shares during the quarter. Cynosure Group LLC’s holdings in CF Industries were worth $375,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Victory Capital Management Inc. increased its position 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 in the last quarter. Boston Partners boosted its stake in CF Industries by 37.5% in the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock worth $254,920,000 after purchasing an additional 835,557 shares during the period. International Assets Investment Management LLC raised its stake in shares of CF Industries by 7,617.5% in the 3rd quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock valued at $375,440,000 after purchasing an additional 431,910 shares during the period. FMR LLC lifted its holdings in shares of CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after purchasing an additional 300,050 shares in the last quarter. Finally, LSV Asset Management boosted its position in shares of CF Industries by 154.3% during the second quarter. LSV Asset Management now owns 408,703 shares of the basic materials company’s stock worth $30,293,000 after buying an additional 248,003 shares during the period. 93.06% of the stock is owned by institutional investors.

CF Industries Stock Up 0.6 %

Shares of CF stock opened at $88.66 on Friday. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $91.06. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The stock has a market cap of $15.43 billion, a price-to-earnings ratio of 14.03, a PEG ratio of 2.31 and a beta of 0.97. The firm’s 50-day moving average is $85.68 and its 200-day moving average is $79.63.

CF Industries (NYSE:CF) last released its quarterly earnings data 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. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the prior year, the company earned $0.85 earnings per share. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. Sell-side analysts predict that CF Industries Holdings, Inc. will post 6.32 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.26%. CF Industries’s dividend payout ratio (DPR) is 31.65%.

Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 2,000 shares of the business’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 completion of the sale, the executive vice president now directly owns 66,268 shares in the company, valued at $5,964,120. The trade was a 2.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through 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 completion of the transaction, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. This represents a 19.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,201 shares of company stock worth $1,727,694 over the last ninety days. Insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on CF shares. Piper Sandler lifted their target price on CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a research report on Friday, November 8th. Royal Bank of Canada boosted their price objective on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Scotiabank raised their target price 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 boosted their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Finally, UBS Group raised their price objective on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $88.42.

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.