Van ECK Associates Corp Has $114.18 Million Holdings in CF Industries Holdings, Inc. (CF)

Van ECK Associates Corp lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 1.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,247,313 shares of the basic materials company’s stock after selling 39,467 shares during the period. Van ECK Associates Corp owned approximately 1.39% of CF Industries Holdings worth $114,176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Contravisory Investment Management Inc. lifted its stake in CF Industries Holdings by 2.0% in the second quarter. Contravisory Investment Management Inc. now owns 7,803 shares of the basic materials company’s stock worth $218,000 after purchasing an additional 153 shares during the last quarter. Sentry Investment Management LLC lifted its stake in CF Industries Holdings by 1.0% in the second quarter. Sentry Investment Management LLC now owns 16,879 shares of the basic materials company’s stock worth $472,000 after purchasing an additional 160 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in CF Industries Holdings by 1.4% in the second quarter. Louisiana State Employees Retirement System now owns 14,500 shares of the basic materials company’s stock worth $405,000 after purchasing an additional 200 shares during the last quarter. Argent Trust Co lifted its stake in CF Industries Holdings by 3.0% in the second quarter. Argent Trust Co now owns 7,545 shares of the basic materials company’s stock worth $211,000 after purchasing an additional 223 shares during the last quarter. Finally, Peddock Capital Advisors LLC lifted its stake in CF Industries Holdings by 1.6% in the second quarter. Peddock Capital Advisors LLC now owns 16,907 shares of the basic materials company’s stock worth $473,000 after purchasing an additional 268 shares during the last quarter.

Shares of CF Industries Holdings, Inc. (NYSE CF) traded down $0.14 during trading hours on Thursday, hitting $36.31. 2,567,900 shares of the stock were exchanged, compared to its average volume of 4,505,554. 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 Holdings, Inc. has a fifty-two week low of $25.04 and a fifty-two week high of $39.32.

CF Industries Holdings (NYSE:CF) last issued its quarterly earnings data on Wednesday, November 1st. The basic materials company reported ($0.39) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.04). The business had revenue of $870.00 million for the quarter, compared to analysts’ expectations of $733.63 million. CF Industries Holdings had a negative net margin of 10.95% and a negative return on equity of 2.29%. The business’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 earnings per share. sell-side analysts anticipate that CF Industries Holdings, Inc. will post -0.35 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.30%. The ex-dividend date is Tuesday, November 14th. CF Industries Holdings’s payout ratio is -65.57%.

In related news, VP Bert A. Frost sold 7,500 shares of CF Industries Holdings stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $36.50, for a total transaction of $273,750.00. Following the transaction, the vice president now directly owns 67,232 shares of the company’s stock, valued at $2,453,968. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

A number of brokerages have recently commented on CF. BMO Capital Markets raised their target price on shares of CF Industries Holdings from $38.00 to $43.00 and gave the stock a “market perform” rating in a research report on Friday, November 3rd. Piper Jaffray Companies set a $28.00 target price on shares of CF Industries Holdings and gave the stock a “hold” rating in a research report on Friday, October 6th. Zacks Investment Research lowered shares of CF Industries Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Cowen and Company raised their target price on shares of CF Industries Holdings from $27.00 to $33.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 8th. Finally, Atlantic Securities lowered shares of CF Industries Holdings from a “neutral” rating to an “underweight” rating in a research report on Tuesday, November 14th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, eight have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. CF Industries Holdings has a consensus rating of “Hold” and a consensus price target of $34.74.

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About CF Industries Holdings

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 Holdings (NYSE:CF)

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