Fractal Investments LLC Cuts Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Fractal Investments LLC lessened its stake in CF Industries Holdings, Inc. (NYSE:CF) by 70.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,100 shares of the basic materials company’s stock after selling 12,184 shares during the period. Fractal Investments LLC’s holdings in CF Industries were worth $405,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CF. Turtle Creek Wealth Advisors LLC bought a new stake in shares of CF Industries in the 4th quarter worth approximately $29,000. ORG Partners LLC lifted its holdings in shares of CF Industries by 428.6% in the 3rd quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 300 shares during the last quarter. Bruce G. Allen Investments LLC bought a new stake in shares of CF Industries in the 4th quarter worth approximately $32,000. Meeder Asset Management Inc. bought a new stake in shares of CF Industries in the 4th quarter worth approximately $36,000. Finally, Larson Financial Group LLC bought a new stake in shares of CF Industries in the 3rd quarter worth approximately $50,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the transaction, the executive vice president now owns 64,030 shares in the company, valued at approximately $5,442,550. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.48% of the company’s stock.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of recent analyst reports. UBS Group lowered shares of CF Industries from a “buy” rating to a “neutral” rating and lowered their price target for the company from $95.00 to $83.00 in a report on Wednesday, January 31st. Wolfe Research initiated coverage on shares of CF Industries in a report on Friday, March 1st. They set an “outperform” rating and a $99.00 price target for the company. Bank of America reiterated a “neutral” rating and set a $88.00 price target (down from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Berenberg Bank upped their price target on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a report on Wednesday, April 17th. Finally, Barclays upgraded shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target for the company in a report on Friday, January 12th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $86.47.

CF Industries Stock Up 0.9 %

CF stock traded up $0.71 during trading on Wednesday, hitting $79.25. 1,416,165 shares of the stock traded hands, compared to its average volume of 2,481,236. CF Industries Holdings, Inc. has a 1 year low of $60.08 and a 1 year high of $87.90. The firm’s 50 day moving average is $81.46 and its two-hundred day moving average is $79.67. The stock has a market cap of $14.88 billion, a price-to-earnings ratio of 10.11, a price-to-earnings-growth ratio of 2.24 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period last year, the company posted $4.35 earnings per share. The business’s revenue for the quarter was down 39.8% compared to the same quarter last year. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio is currently 25.51%.

CF Industries 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.