CF Industries Holdings, Inc. $CF Shares Purchased by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC lifted its position in CF Industries Holdings, Inc. (NYSE:CF) by 465.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 609,443 shares of the basic materials company’s stock after acquiring an additional 501,586 shares during the quarter. Douglas Lane & Associates LLC’s holdings in CF Industries were worth $76,313,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Monument Capital Management bought a new position in CF Industries during the third quarter worth about $2,468,000. GAMMA Investing LLC increased its stake in CF Industries by 616.6% in the third quarter. GAMMA Investing LLC now owns 54,379 shares of the basic materials company’s stock valued at $6,797,000 after acquiring an additional 46,790 shares during the last quarter. Farther Finance Advisors LLC grew its position in CF Industries by 2,298.8% during the third quarter. Farther Finance Advisors LLC now owns 97,462 shares of the basic materials company’s stock valued at $12,297,000 after acquiring an additional 93,399 shares during the last quarter. Sapient Capital LLC boosted its position in CF Industries by 176.8% during the third quarter. Sapient Capital LLC now owns 13,939 shares of the basic materials company’s stock valued at $1,708,000 after buying an additional 8,904 shares during the period. Finally, CoreCap Advisors LLC lifted its position in CF Industries by 340.6% in the third quarter. CoreCap Advisors LLC now owns 3,736 shares of the basic materials company’s stock valued at $467,000 after purchasing an additional 2,888 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

CF Industries Trading Down 0.9%

NYSE:CF traded down $0.99 during trading hours on Friday, hitting $112.59. The company had a trading volume of 2,360,014 shares, compared to its average volume of 3,269,331. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of $123.88 and a 200 day moving average of $120.74. The company has a market cap of $17.04 billion, a P/E ratio of 8.35, a P/E/G ratio of 0.22 and a beta of 0.53.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. During the same period in the previous year, the company earned $2.37 EPS. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. Sell-side analysts expect that CF Industries Holdings, Inc. will post 13.9 earnings per share for the current 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 given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Monday, November 16th. CF Industries’s payout ratio is presently 17.79%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CF. set a $115.00 price target on CF Industries and gave the stock a “sector perform” rating in a research note on Monday. Morgan Stanley decreased their target price on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 7th. Freedom Broker cut CF Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 26th. Royal Bank Of Canada lowered their price objective on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research report on Friday, July 17th. Finally, The Goldman Sachs Group decreased their price target on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus price target of $121.11.

About CF Industries

CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.