TD Asset Management Inc Purchases 9,320 Shares of CF Industries Holdings, Inc. $CF

TD Asset Management Inc lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 6.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 153,324 shares of the basic materials company’s stock after buying an additional 9,320 shares during the quarter. TD Asset Management Inc’s holdings in CF Industries were worth $11,858,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Victory Capital Management Inc. grew its position in CF Industries by 10.6% in the 3rd quarter. Victory Capital Management Inc. now owns 5,013,846 shares of the basic materials company’s stock worth $449,742,000 after purchasing an additional 480,126 shares during the period. Boston Partners grew its position in CF Industries by 15.3% in the 3rd quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock worth $321,852,000 after purchasing an additional 476,769 shares during the period. Ameriprise Financial Inc. grew its position in CF Industries by 1.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,351,194 shares of the basic materials company’s stock worth $300,602,000 after purchasing an additional 63,938 shares during the period. Dimensional Fund Advisors LP grew its position in CF Industries by 22.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,133,709 shares of the basic materials company’s stock worth $281,104,000 after purchasing an additional 568,710 shares during the period. Finally, Northern Trust Corp grew its position in CF Industries by 4.0% in the 3rd quarter. Northern Trust Corp now owns 2,984,291 shares of the basic materials company’s stock worth $267,691,000 after purchasing an additional 114,788 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 3.5%

Shares of CF Industries stock opened at $109.54 on Tuesday. The company’s fifty day simple moving average is $122.51 and its 200-day simple moving average is $102.99. The stock has a market capitalization of $16.83 billion, a PE ratio of 9.84 and a beta of 0.38. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, topping the consensus estimate of $2.63 by $1.35. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.84 billion. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The company’s revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.85 EPS. As a group, equities analysts anticipate that CF Industries Holdings, Inc. will post 14.39 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, May 15th. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Insider Buying and Selling at CF Industries

In other news, VP Erik M. Mayer sold 1,500 shares of CF Industries stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $124.69, for a total transaction of $187,035.00. Following the transaction, the vice president owned 6,341 shares in the company, valued at $790,659.29. This trade represents a 19.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Richard A. Hoker sold 3,499 shares of CF Industries stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $125.38, for a total transaction of $438,704.62. Following the transaction, the vice president owned 31,036 shares in the company, valued at $3,891,293.68. This represents a 10.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 35,290 shares of company stock worth $4,690,711. 0.51% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CF has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on shares of CF Industries from $95.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. JPMorgan Chase & Co. lifted their target price on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Berenberg Bank lifted their target price on shares of CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Finally, UBS Group cut their target price on shares of CF Industries from $140.00 to $130.00 in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $119.00.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.