Principal Financial Group Inc. trimmed its stake in CF Industries Holdings, Inc. (NYSE:CF) by 0.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 346,943 shares of the basic materials company’s stock after selling 2,811 shares during the quarter. Principal Financial Group Inc. owned 0.15% of CF Industries worth $12,198,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. IndexIQ Advisors LLC raised its position in CF Industries by 413.0% during the third quarter. IndexIQ Advisors LLC now owns 27,621 shares of the basic materials company’s stock valued at $971,000 after acquiring an additional 22,237 shares in the last quarter. BT Investment Management Ltd raised its position in CF Industries by 109.4% during the third quarter. BT Investment Management Ltd now owns 9,473 shares of the basic materials company’s stock valued at $333,000 after acquiring an additional 4,950 shares in the last quarter. Andra AP fonden bought a new position in CF Industries during the third quarter valued at approximately $387,000. IFP Advisors Inc raised its position in CF Industries by 234.4% during the third quarter. IFP Advisors Inc now owns 39,016 shares of the basic materials company’s stock valued at $1,372,000 after acquiring an additional 27,350 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its position in CF Industries by 110.2% during the third quarter. Canada Pension Plan Investment Board now owns 137,587 shares of the basic materials company’s stock valued at $4,838,000 after acquiring an additional 72,122 shares in the last quarter.

CF has been the topic of several recent research reports. Credit Suisse Group set a $30.00 price objective on shares of CF Industries and gave the company a “hold” rating in a research report on Friday, August 4th. UBS reaffirmed a “buy” rating and set a $40.00 price objective (up previously from $33.00) on shares of CF Industries in a research report on Wednesday, October 4th. Cowen raised their price objective on shares of CF Industries from $27.00 to $33.00 and gave the company a “market perform” rating in a research report on Wednesday, November 8th. initiated coverage on CF Industries in a report on Wednesday, October 11th. They set a “hold” rating and a $36.30 price target on the stock. Finally, Zacks Investment Research upgraded CF Industries from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a report on Tuesday, November 14th. Three analysts have rated the stock with a sell rating, eight have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $34.74.

CF Industries Holdings, Inc. (NYSE CF) opened at $37.59 on Friday. CF Industries Holdings, Inc. has a twelve month low of $25.04 and a twelve month high of $39.32. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.71 and a quick ratio of 1.51.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.04). CF Industries had a negative net margin of 10.95% and a negative return on equity of 2.29%. The company had revenue of $870.00 million for the quarter, compared to analyst estimates of $733.63 million. During the same quarter last year, the business earned $0.13 EPS. The company’s revenue for the quarter was up 27.9% on a year-over-year basis. research analysts anticipate that CF Industries Holdings, Inc. will post -0.35 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $1.20 annualized dividend and a yield of 3.19%. CF Industries’s dividend payout ratio (DPR) is presently -65.57%.

In other news, VP Bert A. Frost sold 7,500 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $36.50, for a total value of $273,750.00. Following the sale, the vice president now owns 67,232 shares in the company, valued at $2,453,968. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Stephen A. Furbacher sold 3,500 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $36.00, for a total transaction of $126,000.00. Following the completion of the sale, the director now owns 50,854 shares in the company, valued at approximately $1,830,744. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

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About CF Industries

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

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

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