Federation des caisses Desjardins du Quebec Has $1.54 Million Holdings in CF Industries Holdings, Inc. $CF

Federation des caisses Desjardins du Quebec raised its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 37.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,632 shares of the basic materials company's stock after acquiring an additional 5,379 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in CF Industries were worth $1,535,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CF. Curat Global LLC purchased a new stake in shares of CF Industries in the first quarter valued at approximately $25,000. Zions Bancorporation National Association UT purchased a new position in CF Industries in the first quarter worth approximately $27,000. Golden State Wealth Management LLC grew its position in CF Industries by 119.8% in the first quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock worth $30,000 after acquiring an additional 206 shares during the period. TCTC Holdings LLC grew its position in CF Industries by 114.1% in the first quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company's stock worth $30,000 after acquiring an additional 202 shares during the period. Finally, Heck Capital Advisors LLC purchased a new position in CF Industries in the fourth quarter worth approximately $34,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CF shares. Wall Street Zen upgraded CF Industries from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. UBS Group reduced their price objective on CF Industries from $103.00 to $101.00 and set a "neutral" rating on the stock in a research note on Thursday, August 7th. Barclays upgraded CF Industries from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $95.00 to $100.00 in a research note on Wednesday, August 13th. Morgan Stanley set a $95.00 price target on CF Industries and gave the company an "equal weight" rating in a research note on Thursday, June 26th. Finally, Royal Bank Of Canada set a $100.00 price objective on CF Industries and gave the stock a "sector perform" rating in a report on Monday, July 14th. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $95.00.

Insider Transactions at CF Industries

In related news, EVP Susan L. Menzel sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $100.23, for a total value of $1,002,300.00. Following the completion of the transaction, the executive vice president owned 87,923 shares of the company's stock, valued at approximately $8,812,522.29. This trade represents a 10.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.71% of the company's stock.

CF Industries Trading Up 2.6%

CF stock traded up $2.18 during midday trading on Wednesday, hitting $86.84. The stock had a trading volume of 2,312,234 shares, compared to its average volume of 2,733,717. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $104.45. The company's 50-day moving average price is $89.70 and its 200 day moving average price is $85.21. The firm has a market cap of $14.07 billion, a PE ratio of 11.34 and a beta of 0.95. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, topping analysts' consensus estimates of $2.35 by $0.02. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.73 billion. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The firm's revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.30 EPS. On average, equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were given a $0.50 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.00 annualized dividend and a yield of 2.3%. CF Industries's payout ratio is 26.11%.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.