State of Alaska Department of Revenue Purchases 11,285 Shares of CF Industries Holdings, Inc. (NYSE:CF)

State of Alaska Department of Revenue increased its position in CF Industries Holdings, Inc. (NYSE:CFGet Rating) by 37.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,467 shares of the basic materials company’s stock after purchasing an additional 11,285 shares during the period. State of Alaska Department of Revenue’s holdings in CF Industries were worth $3,554,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CF. Hazlett Burt & Watson Inc. bought a new position in CF Industries in the 1st quarter worth about $26,000. Goldstream Capital Management Ltd bought a new position in CF Industries in the 1st quarter worth about $50,000. Pittenger & Anderson Inc. bought a new position in CF Industries in the 1st quarter worth about $52,000. Signaturefd LLC lifted its stake in CF Industries by 32.7% during the 1st quarter. Signaturefd LLC now owns 528 shares of the basic materials company’s stock valued at $54,000 after acquiring an additional 130 shares during the period. Finally, Eaton Vance Management boosted its holdings in shares of CF Industries by 24.3% during the 4th quarter. Eaton Vance Management now owns 4,570 shares of the basic materials company’s stock valued at $71,000 after acquiring an additional 894 shares during the last quarter. Institutional investors own 94.43% of the company’s stock.

CF Industries Trading Down 2.5 %

Shares of CF stock opened at $101.70 on Thursday. CF Industries Holdings, Inc. has a 1 year low of $49.71 and a 1 year high of $119.60. The firm has a fifty day moving average price of $99.93 and a 200-day moving average price of $97.52. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.41 and a quick ratio of 2.95. The company has a market cap of $20.26 billion, a price-to-earnings ratio of 8.34, a PEG ratio of 0.90 and a beta of 1.02.

CF Industries (NYSE:CFGet Rating) last issued its earnings results on Monday, August 1st. The basic materials company reported $6.19 earnings per share for the quarter, missing the consensus estimate of $6.23 by ($0.04). The firm had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $3.50 billion. CF Industries had a return on equity of 49.10% and a net margin of 25.28%. The company’s quarterly revenue was up 113.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.14 EPS. As a group, equities analysts predict that CF Industries Holdings, Inc. will post 19.17 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend was Friday, August 12th. CF Industries’s payout ratio is currently 13.11%.

Analysts Set New Price Targets

Several research firms have recently weighed in on CF. UBS Group boosted their price objective on shares of CF Industries from $108.00 to $128.00 in a report on Thursday, August 25th. Credit Suisse Group lifted their target price on shares of CF Industries from $73.00 to $78.00 and gave the stock an “underperform” rating in a research report on Tuesday, August 2nd. Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $103.00 to $120.00 in a research report on Wednesday, August 10th. Citigroup raised shares of CF Industries from a “neutral” rating to a “buy” rating and set a $117.00 target price for the company in a research report on Wednesday, August 3rd. Finally, Scotiabank raised shares of CF Industries from a “sector perform” rating to a “sector outperform” rating in a research report on Wednesday, August 3rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $104.21.

Insiders Place Their Bets

In other CF Industries news, Director Anne P. Noonan sold 3,000 shares of the business’s stock in a transaction on Friday, August 26th. The shares were sold at an average price of $118.64, for a total value of $355,920.00. Following the sale, the director now owns 26,411 shares in the company, valued at approximately $3,133,401.04. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other CF Industries news, Director Anne P. Noonan sold 3,000 shares of the business’s stock in a transaction on Friday, August 26th. The shares were sold at an average price of $118.64, for a total value of $355,920.00. Following the sale, the director now owns 26,411 shares in the company, valued at approximately $3,133,401.04. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO W Anthony Will sold 102,520 shares of the business’s stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of $110.16, for a total transaction of $11,293,603.20. Following the completion of the sale, the chief executive officer now owns 322,916 shares in the company, valued at approximately $35,572,426.56. The disclosure for this sale can be found here. Insiders have sold a total of 166,484 shares of company stock worth $18,431,301 in the last 90 days. 0.42% of the stock is currently owned by corporate insiders.

About CF Industries

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CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

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Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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