Brown Lisle Cummings Inc. Decreases Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Brown Lisle Cummings Inc. reduced its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 7.1% in the third quarter, Holdings Channel reports. The fund owned 4,266 shares of the basic materials company’s stock after selling 325 shares during the quarter. Brown Lisle Cummings Inc.’s holdings in CF Industries were worth $366,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its position in shares of CF Industries by 401.2% in the second quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock valued at $269,729,000 after purchasing an additional 2,912,942 shares during the period. Boston Partners raised its holdings in CF Industries by 37.5% during the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock valued at $254,920,000 after acquiring an additional 835,557 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of CF Industries by 7.4% during 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 lifted its holdings in CF Industries by 2.8% during the 2nd quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock worth $162,584,000 after purchasing an additional 59,674 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in CF Industries by 5.1% in the 2nd quarter. Sei Investments Co. now owns 1,422,493 shares of the basic materials company’s stock worth $105,435,000 after purchasing an additional 68,834 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

CF opened at $83.99 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70. The stock has a market capitalization of $15.35 billion, a PE ratio of 13.95, a price-to-earnings-growth ratio of 2.49 and a beta of 0.95. The stock’s 50 day moving average price is $82.79 and its 200-day moving average price is $78.30. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $90.86.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, topping the consensus estimate of $1.80 by $0.50. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period last year, the company posted $2.70 EPS. The company’s quarterly revenue was down 11.4% compared to the same quarter last year. On average, equities research analysts predict that CF Industries Holdings, Inc. will post 5.84 EPS for the current year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 annualized dividend and a yield of 2.38%. CF Industries’s payout ratio is 33.22%.

Wall Street Analyst Weigh In

CF has been the subject of a number of analyst reports. Redburn Atlantic began coverage on shares of CF Industries in a research report on Friday. They issued a “neutral” rating and a $77.00 price objective for the company. Wells Fargo & Company upped their price objective 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. UBS Group raised their price objective on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Barclays upped their target price 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. Finally, Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a research note on Wednesday, October 16th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and a consensus target price of $87.67.

Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 2,000 shares of the 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 transaction, the executive vice president now directly owns 66,268 shares in the company, valued at $5,964,120. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the transaction, the vice president now directly owns 29,211 shares in the company, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Susan L. Menzel sold 2,000 shares of the company’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the transaction, the executive vice president now owns 66,268 shares in the company, valued at approximately $5,964,120. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

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.