B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 19,557 CF Industries Holdings, Inc. (NYSE:CF)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the third quarter, Holdings Channel reports. The firm purchased 19,557 shares of the basic materials company’s stock, valued at approximately $1,678,000.

Other large investors have also added to or reduced their stakes in the company. Swedbank AB purchased a new stake in CF Industries during the first quarter valued at about $19,824,000. Envestnet Portfolio Solutions Inc. grew its stake in shares of CF Industries by 17.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 50,243 shares of the basic materials company’s stock valued at $3,724,000 after buying an additional 7,294 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of CF Industries by 286.0% during the first quarter. Cetera Investment Advisers now owns 34,439 shares of the basic materials company’s stock valued at $2,866,000 after buying an additional 25,516 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of CF Industries during the second quarter valued at about $4,710,000. Finally, Bayesian Capital Management LP bought a new position in shares of CF Industries during the first quarter valued at about $2,384,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Activity

In related news, EVP Bert A. Frost sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the completion of the transaction, the executive vice president now directly owns 103,155 shares in the company, valued at $9,077,640. The trade was a 2.83 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Ashraf K. Malik sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the transaction, the vice president now owns 22,211 shares of the company’s stock, valued at approximately $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,201 shares of company stock worth $1,727,694. Insiders own 0.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on CF shares. BMO Capital Markets raised their price objective on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. UBS Group raised their price objective on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. Scotiabank raised their price objective on CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research note on Monday, August 12th. Piper Sandler raised their target price on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a research note on Friday, November 8th. Finally, Wells Fargo & Company raised their target price on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 24th. Two 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, the stock currently has a consensus rating of “Hold” and an average price target of $88.42.

CF Industries Stock Performance

Shares of CF opened at $89.81 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $91.06. The company has a 50-day simple moving average of $85.04 and a two-hundred day simple moving average of $79.20. The firm has a market capitalization of $15.63 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 2.31 and a beta of 0.97.

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

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.23%. CF Industries’s payout ratio is 31.65%.

About CF Industries

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.