Ameriprise Financial Inc. Has $300.60 Million Holdings in CF Industries Holdings, Inc. $CF

Ameriprise Financial Inc. increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,351,194 shares of the basic materials company’s stock after acquiring an additional 63,938 shares during the period. Ameriprise Financial Inc. owned about 2.15% of CF Industries worth $300,602,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of CF Industries by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock valued at $1,368,000 after buying an additional 518 shares in the last quarter. Jones Financial Companies Lllp lifted its position in CF Industries by 161.1% during the 1st quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock worth $928,000 after buying an additional 7,324 shares in the last quarter. Woodline Partners LP lifted its position in CF Industries by 40.7% during the 1st quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock worth $1,149,000 after buying an additional 4,252 shares in the last quarter. Focus Partners Wealth grew its holdings in CF Industries by 21.8% during the 1st quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock worth $278,000 after acquiring an additional 638 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in CF Industries by 141.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 463 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of CF stock opened at $122.42 on Tuesday. The firm’s 50 day moving average price is $96.60 and its two-hundred day moving average price is $87.86. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.93 and a current ratio of 3.37. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $137.44. The stock has a market cap of $18.81 billion, a PE ratio of 13.60 and a beta of 0.68.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, February 18th. The basic materials company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.53 by $0.06. CF Industries had a net margin of 20.54% and a return on equity of 19.84%. The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.78 billion. During the same quarter in the previous year, the company posted $1.89 EPS. The business’s revenue for the quarter was up 22.8% compared to the same quarter last year. As a group, analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 13th. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. CF Industries’s dividend payout ratio (DPR) is 22.22%.

Analysts Set New Price Targets

A number of brokerages have weighed in on CF. JPMorgan Chase & Co. boosted their target price on shares of CF Industries from $80.00 to $94.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Royal Bank Of Canada raised their price target on shares of CF Industries from $95.00 to $100.00 and gave the company a “sector perform” rating in a report on Monday, February 23rd. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Sunday, December 14th. Rothschild & Co Redburn set a $72.00 price objective on CF Industries in a report on Wednesday, February 4th. Finally, Scotiabank increased their price objective on CF Industries from $82.00 to $85.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, CF Industries has a consensus rating of “Hold” and a consensus target price of $96.87.

Insider Buying and Selling

In related news, EVP Susan L. Menzel sold 18,041 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $136.06, for a total value of $2,454,658.46. Following the sale, the executive vice president directly owned 55,762 shares in the company, valued at $7,586,977.72. This trade represents a 24.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Bert A. Frost sold 10,000 shares of CF Industries stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $119.01, for a total transaction of $1,190,100.00. Following the transaction, the executive vice president directly owned 87,256 shares in the company, valued at $10,384,336.56. The trade was a 10.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 71,409 shares of company stock worth $8,589,559 in the last ninety days. 0.71% of the stock is currently owned by corporate insiders.

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.