Allianz Asset Management GmbH lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 77.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 534,035 shares of the basic materials company’s stock after purchasing an additional 233,750 shares during the period. Allianz Asset Management GmbH owned 0.23% of CF Industries worth $18,776,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its stake in CF Industries by 122.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 66,979 shares of the basic materials company’s stock worth $2,355,000 after acquiring an additional 36,829 shares during the period. Thrivent Financial For Lutherans increased its stake in CF Industries by 12,161.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 1,050,790 shares of the basic materials company’s stock worth $29,380,000 after acquiring an additional 1,042,220 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its stake in CF Industries by 1.5% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 659,496 shares of the basic materials company’s stock worth $18,440,000 after acquiring an additional 9,956 shares during the period. Swiss National Bank increased its stake in CF Industries by 2.8% during the 2nd quarter. Swiss National Bank now owns 849,340 shares of the basic materials company’s stock worth $23,748,000 after acquiring an additional 23,400 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in CF Industries by 2.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,138,901 shares of the basic materials company’s stock worth $31,844,000 after acquiring an additional 26,204 shares during the period.

Shares of CF Industries Holdings, Inc. (CF) opened at $40.60 on Wednesday. CF Industries Holdings, Inc. has a twelve month low of $25.04 and a twelve month high of $41.80. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.51 and a current ratio of 1.71.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend was Tuesday, November 14th. CF Industries’s dividend payout ratio is presently -65.57%.

In related news, VP Bert A. Frost sold 7,500 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $36.50, for a total transaction of $273,750.00. Following the sale, the vice president now owns 67,232 shares of the company’s stock, valued at approximately $2,453,968. The transaction was disclosed in a document filed 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 shares were sold at an average price of $36.00, for a total value of $126,000.00. Following the sale, the director now directly 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.

A number of equities analysts have commented on the company. Zacks Investment Research lowered CF Industries from a “buy” rating to a “hold” rating in a research note on Tuesday. Stephens assumed coverage on CF Industries in a research note on Monday, December 4th. They set an “equal weight” rating and a $38.00 price objective on the stock. Atlantic Securities lowered CF Industries from a “neutral” rating to an “underweight” rating in a research note on Tuesday, November 14th. They noted that the move was a valuation call. Cowen raised their price objective on CF Industries from $27.00 to $33.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 8th. Finally, BMO Capital Markets raised their price objective on CF Industries from $38.00 to $43.00 and gave the stock a “market perform” rating in a research note on Friday, November 3rd. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $34.95.

COPYRIGHT VIOLATION NOTICE: “Allianz Asset Management GmbH Purchases 233,750 Shares of CF Industries Holdings, Inc. (CF)” was first posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/allianz-asset-management-gmbh-purchases-233750-shares-of-cf-industries-holdings-inc-cf/1761082.html.

CF Industries Company Profile

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).

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

Receive News & Ratings for CF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries and related companies with MarketBeat.com's FREE daily email newsletter.