CF Industries Holdings, Inc. $CF Stock Purchased by Manchester Capital Management LLC

Manchester Capital Management LLC lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4,300.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,449 shares of the basic materials company’s stock after acquiring an additional 8,257 shares during the quarter. Manchester Capital Management LLC’s holdings in CF Industries were worth $1,068,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in CF Industries in the second quarter valued at $1,410,607,000. Dimensional Fund Advisors LP increased its position in CF Industries by 3.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company’s stock valued at $579,062,000 after purchasing an additional 146,682 shares during the period. Bank of America Corp DE raised its holdings in CF Industries by 8.4% in the 1st quarter. Bank of America Corp DE now owns 2,048,671 shares of the basic materials company’s stock worth $265,999,000 after purchasing an additional 158,119 shares in the last quarter. Bank of New York Mellon Corp bought a new position in CF Industries in the 2nd quarter worth $198,857,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of CF Industries by 1.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,747,078 shares of the basic materials company’s stock worth $189,139,000 after purchasing an additional 32,293 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of CF opened at $120.65 on Friday. The stock has a market cap of $18.26 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The firm’s 50-day simple moving average is $123.74 and its two-hundred day simple moving average is $119.87.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.45 billion. During the same quarter in the previous year, the business posted $2.37 earnings per share. CF Industries’s revenue for the quarter was up 17.6% on a year-over-year basis. Analysts anticipate that CF Industries Holdings, Inc. will post 13.89 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Monday, November 16th. CF Industries’s payout ratio is 17.79%.

Analyst Upgrades and Downgrades

CF has been the topic of a number of research reports. BMO Capital Markets cut their target price on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. set a $115.00 price target on shares of CF Industries and gave the stock a “sector perform” rating in a research note on Monday, October 5th. Sanford C. Bernstein began coverage on CF Industries in a report on Friday, September 25th. They set an “outperform” rating and a $162.00 target price on the stock. Weiss Ratings raised CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, September 16th. Finally, Royal Bank Of Canada lowered their target price on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research note on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, CF Industries has an average rating of “Hold” and an average target price of $121.89.

CF Industries Company Profile

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.