CF Industries Holdings, Inc. (CF) Shares Bought by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 190.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,116,525 shares of the basic materials company’s stock after acquiring an additional 731,525 shares during the period. Manning & Napier Advisors LLC owned about 0.48% of CF Industries Holdings worth $39,256,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CF. SG Americas Securities LLC boosted its position in CF Industries Holdings by 284.8% in the 3rd quarter. SG Americas Securities LLC now owns 36,863 shares of the basic materials company’s stock valued at $1,296,000 after buying an additional 27,284 shares during the last quarter. Advisors Asset Management Inc. boosted its position in CF Industries Holdings by 18.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 958,401 shares of the basic materials company’s stock valued at $33,697,000 after buying an additional 147,663 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in CF Industries Holdings by 21.7% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 17,911 shares of the basic materials company’s stock valued at $630,000 after buying an additional 3,196 shares during the last quarter. Russell Investments Group Ltd. boosted its position in CF Industries Holdings by 51.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 56,354 shares of the basic materials company’s stock valued at $1,981,000 after buying an additional 19,195 shares during the last quarter. Finally, Toronto Dominion Bank boosted its position in CF Industries Holdings by 12.0% in the 3rd quarter. Toronto Dominion Bank now owns 88,473 shares of the basic materials company’s stock valued at $3,110,000 after buying an additional 9,499 shares during the last quarter.

Shares of CF Industries Holdings, Inc. (NYSE CF) traded down $0.69 during trading hours on Friday, hitting $35.48. The stock had a trading volume of 4,302,951 shares, compared to its average volume of 4,532,712. CF Industries Holdings, Inc. has a 12 month low of $25.04 and a 12 month high of $39.32. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.71 and a quick ratio of 1.51.

CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.04). CF Industries Holdings had a negative net margin of 10.95% and a negative return on equity of 2.29%. The business had revenue of $870.00 million during the quarter, compared to analyst estimates of $733.63 million. During the same quarter in the previous year, the firm posted $0.13 earnings per share. The firm’s quarterly revenue was up 27.9% on a year-over-year basis. sell-side analysts predict that CF Industries Holdings, Inc. will post -0.35 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.30 per share. The ex-dividend date is Tuesday, November 14th. This represents a $1.20 annualized dividend and a yield of 3.38%. CF Industries Holdings’s dividend payout ratio is currently -65.57%.

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A number of research analysts have commented on the company. Zacks Investment Research upgraded CF Industries Holdings from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research report on Tuesday. Atlantic Securities downgraded CF Industries Holdings from a “neutral” rating to an “underweight” rating in a research note on Tuesday. They noted that the move was a valuation call. Cowen and Company increased their price target on CF Industries Holdings from $27.00 to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, November 8th. BMO Capital Markets increased their price target on CF Industries Holdings from $38.00 to $43.00 and gave the company a “market perform” rating in a research note on Friday, November 3rd. Finally, Royal Bank Of Canada increased their price target on CF Industries Holdings from $27.00 to $32.00 and gave the company an “underperform” rating in a research note on Friday, November 3rd. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. CF Industries Holdings presently has a consensus rating of “Hold” and an average target price of $34.74.

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).

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

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