Integrated Wealth Concepts LLC Increases Position in CF Industries Holdings, Inc. (NYSE:CF)

Integrated Wealth Concepts LLC lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 9.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,295 shares of the basic materials company’s stock after purchasing an additional 294 shares during the period. Integrated Wealth Concepts LLC’s holdings in CF Industries were worth $283,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Wolff Wiese Magana LLC acquired a new position in CF Industries in the 3rd quarter valued at about $28,000. Brooklyn Investment Group purchased a new position in CF Industries in the third quarter worth approximately $39,000. Quent Capital LLC raised its position in CF Industries by 132.1% in the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 284 shares during the period. UMB Bank n.a. lifted its stake in shares of CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 191 shares during the last quarter. Finally, Kimelman & Baird LLC purchased a new position in shares of CF Industries during the 2nd quarter worth $50,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Trading Up 0.3 %

Shares of CF stock opened at $90.11 on Friday. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $94.46. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The business’s 50 day moving average is $86.72 and its two-hundred day moving average is $80.61. The company has a market capitalization of $15.68 billion, a P/E ratio of 14.26, a price-to-earnings-growth ratio of 2.33 and a beta of 0.98.

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, topping 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 during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business posted $0.85 earnings per share. CF Industries’s revenue was up 7.6% compared to the same quarter last year. Equities analysts forecast that CF Industries Holdings, Inc. will post 6.32 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Friday, November 15th. CF Industries’s dividend payout ratio (DPR) is presently 31.65%.

Insider Activity

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of CF Industries 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 transaction, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. This trade represents a 19.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction on 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 owns 66,268 shares in the company, valued at $5,964,120. The trade was a 2.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,701 shares of company stock worth $2,052,704 over the last ninety days. 0.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on CF. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a research report on Wednesday, October 16th. UBS Group lifted their target price on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Mizuho upped their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. Wells Fargo & Company lifted their target price on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. Finally, Barclays increased their price objective on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, October 11th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries currently has a consensus rating of “Hold” and a consensus price target of $90.38.

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.