American International Group Inc. increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 5.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 101,596 shares of the basic materials company’s stock after purchasing an additional 5,110 shares during the quarter. American International Group Inc.’s holdings in CF Industries were worth $5,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Huntington National Bank bought a new position in shares of CF Industries during the third quarter valued at $112,000. Blackhawk Capital Partners LLC. increased its position in CF Industries by 485.7% during the second quarter. Blackhawk Capital Partners LLC. now owns 2,665 shares of the basic materials company’s stock valued at $118,000 after acquiring an additional 2,210 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new stake in CF Industries during the second quarter valued at $121,000. Point72 Hong Kong Ltd purchased a new stake in CF Industries during the second quarter valued at $127,000. Finally, First Mercantile Trust Co. purchased a new stake in CF Industries during the third quarter valued at $160,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Shares of CF opened at $41.56 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 1.69. The stock has a market capitalization of $9.82 billion, a price-to-earnings ratio of -166.24, a P/E/G ratio of 4.43 and a beta of 1.06. CF Industries Holdings, Inc. has a 52 week low of $35.70 and a 52 week high of $56.51.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 31st. The basic materials company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $993.94 million. CF Industries had a return on equity of 3.69% and a net margin of 16.06%. The business’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.39) EPS. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 1.6 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, November 30th. Shareholders of record on Thursday, November 15th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend was Wednesday, November 14th. CF Industries’s payout ratio is -480.00%.

A number of analysts recently commented on the company. Morgan Stanley upped their price objective on CF Industries from $37.00 to $60.00 and gave the company a “hold” rating in a research report on Wednesday, October 10th. TheStreet upgraded CF Industries from a “c+” rating to a “b-” rating in a research report on Thursday, September 13th. ValuEngine cut CF Industries from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 15th. Citigroup upped their price objective on CF Industries from $50.00 to $56.00 and gave the company a “neutral” rating in a research report on Thursday, October 11th. Finally, Bank of America upgraded CF Industries from an “underperform” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Wednesday, October 31st. Nine analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $51.52.

In other CF Industries news, Director Stephen A. Furbacher sold 3,500 shares of the company’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $52.45, for a total value of $183,575.00. Following the completion of the sale, the director now owns 50,190 shares in the company, valued at $2,632,465.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.00% of the company’s stock.

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CF Industries Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

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

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