4,379 CF Industries Holdings, Inc. $CF Shares Sold by Csenge Advisory Group

Csenge Advisory Group reduced its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 47.3% in the third quarter, Holdings Channel reports. The firm owned 4,876 shares of the basic materials company’s stock after selling 4,379 shares during the quarter. Csenge Advisory Group’s holdings in CF Industries were worth $562,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Himension Capital Singapore PTE. LTD. bought a new position in shares of CF Industries in the first quarter worth approximately $25,000. Virtus Advisers LLC bought a new stake in shares of CF Industries during the second quarter valued at approximately $25,000. Continuum Advisory LLC bought a new stake in shares of CF Industries during the second quarter valued at approximately $28,000. Keating Financial Advisory Services Inc. purchased a new position in CF Industries in the 2nd quarter worth approximately $29,000. Finally, Retirement Wealth Solutions LLC purchased a new position in CF Industries in the 3rd quarter worth approximately $35,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

NYSE CF opened at $125.14 on Friday. The stock has a market capitalization of $18.31 billion, a price-to-earnings ratio of 8.83, a PEG ratio of 0.25 and a beta of 0.54. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.98 and a quick ratio of 2.68. The business’s fifty day moving average price is $121.38 and its 200-day moving average price is $117.53.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, November 4th. The basic materials company reported $2.87 EPS for the quarter, missing analysts’ consensus estimates of $3.00 by ($0.13). The firm had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.77 billion. CF Industries had a net margin of 27.48% and a return on equity of 24.52%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.19 EPS. On average, equities analysts predict that CF Industries Holdings, Inc. will post 13.59 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. CF Industries’s dividend payout ratio is presently 16.94%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CF. Rothschild & Co Redburn raised CF Industries from a “sell” rating to a “neutral” rating and upped their price objective for the company from $98.00 to $110.00 in a research report on Monday, September 28th. Canadian Imperial Bank of Commerce lifted their target price on CF Industries from $125.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, October 23rd. Freedom Broker upped their price target on CF Industries from $129.00 to $133.00 and gave the company a “hold” rating in a report on Wednesday. Royal Bank Of Canada increased their price objective on CF Industries from $115.00 to $125.00 and gave the company a “sector perform” rating in a research report on Monday, November 9th. Finally, Truist Financial set a $129.00 price objective on CF Industries in a report on Monday, November 2nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $123.30.

About CF Industries

CF Industries Holdings, Inc. is a producer and distributor of nitrogen fertilizer and related products. Its main offerings include ammonia, granular urea, urea ammonium nitrate (UAN) and ammonium nitrate, which are used primarily to support crop production. The company also supplies nitrogen products for industrial applications, including emissions control and chemical manufacturing. Founded in 1946 as the Central Farmers Fertilizer Company, CF Industries grew from a cooperative serving agricultural retailers into a major nitrogen producer.