Candriam Luxembourg S.C.A. lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 8.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,180 shares of the basic materials company’s stock after purchasing an additional 7,636 shares during the period. Candriam Luxembourg S.C.A.’s holdings in CF Industries were worth $4,783,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the company. World Asset Management Inc lifted its holdings in CF Industries by 1.4% in the third quarter. World Asset Management Inc now owns 16,737 shares of the basic materials company’s stock worth $823,000 after buying an additional 228 shares during the period. Advisor Partners LLC lifted its holdings in CF Industries by 7.5% in the third quarter. Advisor Partners LLC now owns 4,647 shares of the basic materials company’s stock worth $229,000 after buying an additional 324 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in CF Industries by 2.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,530 shares of the basic materials company’s stock worth $645,000 after buying an additional 339 shares during the period. Parallel Advisors LLC lifted its holdings in CF Industries by 103.7% in the third quarter. Parallel Advisors LLC now owns 725 shares of the basic materials company’s stock worth $36,000 after buying an additional 369 shares during the period. Finally, Oppenheimer Asset Management Inc. lifted its holdings in CF Industries by 13.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 3,528 shares of the basic materials company’s stock worth $174,000 after buying an additional 428 shares during the period. Institutional investors own 93.28% of the company’s stock.
In other CF Industries news, VP Bert A. Frost sold 13,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $45.50, for a total transaction of $591,500.00. Following the completion of the transaction, the vice president now owns 95,072 shares of the company’s stock, valued at $4,325,776. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is currently owned by company insiders.
CF has been the subject of several research analyst reports. Morgan Stanley lowered their price objective on shares of CF Industries from $48.00 to $45.00 and set an “equal weight” rating for the company in a report on Wednesday, December 11th. Stephens lowered shares of CF Industries from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $60.00 to $50.00 in a report on Thursday, January 23rd. Berenberg Bank restated a “hold” rating and issued a $44.00 price objective on shares of CF Industries in a report on Monday, February 3rd. Barclays set a $52.00 price objective on shares of CF Industries and gave the stock a “hold” rating in a report on Friday, November 1st. Finally, BMO Capital Markets restated a “buy” rating and issued a $52.00 price objective on shares of CF Industries in a report on Friday. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. CF Industries currently has an average rating of “Hold” and a consensus target price of $49.69.
Shares of NYSE CF opened at $38.30 on Friday. CF Industries Holdings, Inc. has a fifty-two week low of $38.00 and a fifty-two week high of $55.15. The company has a 50 day simple moving average of $43.66 and a two-hundred day simple moving average of $46.78. The company has a market capitalization of $8.55 billion, a price-to-earnings ratio of 18.82, a P/E/G ratio of 2.87 and a beta of 1.07. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.10 and a current ratio of 1.34.
CF Industries (NYSE:CF) last announced its earnings results on Wednesday, February 12th. The basic materials company reported $0.25 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.01). CF Industries had a net margin of 10.74% and a return on equity of 8.07%. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the business posted $0.21 EPS. CF Industries’s revenue for the quarter was down 7.3% on a year-over-year basis. On average, analysts forecast that CF Industries Holdings, Inc. will post 2.29 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date is Thursday, February 13th. CF Industries’s dividend payout ratio is 62.18%.
CF Industries Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.
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