501,586 CF Industries Holdings, Inc. $CF Shares Bought by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 465.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 609,443 shares of the basic materials company's stock after buying an additional 501,586 shares during the quarter. Douglas Lane & Associates LLC owned 0.40% of CF Industries worth $76,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Monument Capital Management purchased a new stake in CF Industries in the 3rd quarter worth about $2,468,000. GAMMA Investing LLC raised its position in shares of CF Industries by 616.6% in the third quarter. GAMMA Investing LLC now owns 54,379 shares of the basic materials company's stock valued at $6,797,000 after purchasing an additional 46,790 shares during the period. Farther Finance Advisors LLC grew its holdings in CF Industries by 2,298.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 97,462 shares of the basic materials company's stock valued at $12,297,000 after buying an additional 93,399 shares during the last quarter. Sapient Capital LLC increased its stake in CF Industries by 176.8% during the third quarter. Sapient Capital LLC now owns 13,939 shares of the basic materials company's stock valued at $1,708,000 after acquiring an additional 8,904 shares during the period. Finally, CoreCap Advisors LLC increased its holdings in CF Industries by 340.6% in the 3rd quarter. CoreCap Advisors LLC now owns 3,736 shares of the basic materials company's stock valued at $467,000 after buying an additional 2,888 shares during the period. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Performance

CF stock traded down $0.99 during trading hours on Friday, hitting $112.59. 2,360,014 shares of the stock were exchanged, compared to its average volume of 3,269,331. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $17.04 billion, a P/E ratio of 8.35, a P/E/G ratio of 0.22 and a beta of 0.53. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The company has a 50-day simple moving average of $123.88 and a two-hundred day simple moving average of $120.74.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same period in the prior year, the business posted $2.37 earnings per share. The firm's revenue for the quarter was up 17.6% compared to the same quarter last year. On average, analysts forecast that CF Industries Holdings, Inc. will post 13.9 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, November 16th. CF Industries's payout ratio is presently 17.79%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on CF shares. Canadian Imperial Bank of Commerce restated a "neutral" rating and issued a $129.00 price objective on shares of CF Industries in a research report on Friday, July 24th. The Goldman Sachs Group decreased their price objective on CF Industries from $133.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, June 23rd. Freedom Broker lowered shares of CF Industries from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 26th. Zacks Research cut shares of CF Industries from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 15th. Finally, Royal Bank Of Canada decreased their price objective on CF Industries from $125.00 to $115.00 and set a "sector perform" rating for the company in a research report on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $121.11.

CF Industries Company Profile

CF Industries Holdings, Inc NYSE: CF is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.

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