Swedbank AB Has $22.93 Million Position in CF Industries Holdings, Inc. $CF

Key Points

• Swedbank AB increased its stake in CF Industries Holdings, Inc. by acquiring 15,538 shares, bringing its total holdings to 293,389 shares, valued at approximately $22.93 million.
• Executives at CF, including EVP Susan L. Menzel, are actively trading shares, with Menzel recently selling 10,000 shares for over $1 million, indicating some shifts in insider ownership.
• The company's latest earnings report showed a 20.2% year-over-year revenue increase and an earnings per share of $2.37, slightly above analysts' expectations.

Swedbank AB increased its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 5.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 293,389 shares of the basic materials company's stock after purchasing an additional 15,538 shares during the quarter. Swedbank AB owned approximately 0.17% of CF Industries worth $22,928,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of CF. Curat Global LLC acquired a new stake in CF Industries during the 1st quarter worth about $25,000. Zions Bancorporation National Association UT acquired a new stake in CF Industries during the 1st quarter worth about $27,000. Golden State Wealth Management LLC boosted its position in CF Industries by 119.8% during the 1st 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 boosted its position in CF Industries by 114.1% during the 1st 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 acquired a new stake in CF Industries during the 4th quarter worth about $34,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 10,000 shares of the company's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $100.23, for a total value of $1,002,300.00. Following the sale, the executive vice president directly owned 87,923 shares in the company, valued at $8,812,522.29. This represents a 10.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.42% of the stock is owned by company insiders.

Analysts Set New Price Targets

CF has been the subject of a number of research reports. Barclays upgraded CF Industries from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $95.00 to $100.00 in a research report 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 report on Thursday, June 26th. Wolfe Research lowered CF Industries from an "outperform" rating to a "peer perform" rating in a report on Thursday, June 12th. Royal Bank Of Canada set a $100.00 price target on CF Industries and gave the company a "sector perform" rating in a report on Monday, July 14th. Finally, UBS Group reduced their price target on CF Industries from $103.00 to $101.00 and set a "neutral" rating for the company in a report on Thursday, August 7th. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $95.00.

CF Industries Stock Performance

CF Industries stock traded up $0.19 on Thursday, hitting $84.38. The company's stock had a trading volume of 654,122 shares, compared to its average volume of 2,702,968. The firm has a market cap of $13.67 billion, a P/E ratio of 11.02 and a beta of 0.95. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average price of $88.51 and a 200-day moving average price of $85.44. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $104.45.

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

CF Industries Announces Dividend

The business 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. This represents a $2.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, August 15th. CF Industries's dividend 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.