AE Wealth Management LLC Cuts Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

AE Wealth Management LLC lessened its position in CF Industries Holdings, Inc. (NYSE:CFGet Rating) by 92.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,086 shares of the basic materials company’s stock after selling 135,044 shares during the quarter. AE Wealth Management LLC’s holdings in CF Industries were worth $1,067,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Resonant Capital Advisors LLC raised its holdings in shares of CF Industries by 2.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 4,272 shares of the basic materials company’s stock valued at $411,000 after buying an additional 98 shares during the period. Loomis Sayles & Co. L P increased its holdings in CF Industries by 8.6% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,278 shares of the basic materials company’s stock worth $110,000 after purchasing an additional 101 shares during the period. Carolinas Wealth Consulting LLC increased its holdings in CF Industries by 48.3% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 341 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 111 shares during the period. Sage Rhino Capital LLC increased its holdings in CF Industries by 1.5% during the 3rd quarter. Sage Rhino Capital LLC now owns 7,914 shares of the basic materials company’s stock worth $762,000 after purchasing an additional 119 shares during the period. Finally, Quadrant Capital Group LLC increased its holdings in CF Industries by 45.7% during the 2nd quarter. Quadrant Capital Group LLC now owns 459 shares of the basic materials company’s stock worth $39,000 after purchasing an additional 144 shares during the period. Hedge funds and other institutional investors own 92.94% of the company’s stock.

CF Industries Stock Up 1.3 %

Shares of NYSE CF opened at $84.05 on Thursday. The stock has a market cap of $16.49 billion, a PE ratio of 5.52, a price-to-earnings-growth ratio of 0.93 and a beta of 1.06. The company has a quick ratio of 2.30, a current ratio of 2.66 and a debt-to-equity ratio of 0.42. CF Industries Holdings, Inc. has a 52-week low of $63.10 and a 52-week high of $119.60. The business has a 50-day moving average price of $97.42 and a 200 day moving average price of $98.25.

CF Industries (NYSE:CFGet Rating) last posted its quarterly earnings data on Wednesday, November 2nd. The basic materials company reported $2.55 earnings per share for the quarter, missing analysts’ consensus estimates of $3.19 by ($0.64). CF Industries had a return on equity of 50.92% and a net margin of 28.70%. The company had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.30 billion. Equities research analysts forecast that CF Industries Holdings, Inc. will post 15.95 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CF has been the topic of several recent research reports. Citigroup upped their price target on CF Industries from $117.00 to $120.00 in a report on Tuesday, October 4th. StockNews.com started coverage on CF Industries in a research report on Wednesday, October 12th. They set a “buy” rating for the company. Royal Bank of Canada raised CF Industries from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $110.00 to $135.00 in a research report on Monday, October 3rd. Mizuho lowered their price objective on CF Industries from $117.00 to $113.00 and set a “neutral” rating for the company in a research report on Tuesday, November 1st. Finally, UBS Group lowered their price objective on CF Industries from $125.00 to $119.00 and set a “buy” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $107.54.

CF Industries Company Profile

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CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

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

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