7,755 Shares in CF Industries Holdings, Inc. $CF Purchased by Havemeyer Place LP

Havemeyer Place LP bought a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,755 shares of the basic materials company’s stock, valued at approximately $600,000.

Several other institutional investors also recently bought and sold shares of CF. Pinebridge Investments LLC purchased a new position in shares of CF Industries in the fourth quarter valued at approximately $14,158,000. PBU The Pension Fund of Early Childhood & Youth Educators purchased a new stake in CF Industries during the 4th quarter worth approximately $7,460,000. Total Wealth Planning & Management Inc. acquired a new stake in CF Industries during the 4th quarter worth approximately $352,000. Prudential PLC boosted its position in CF Industries by 88.6% in the 4th quarter. Prudential PLC now owns 112,304 shares of the basic materials company’s stock valued at $8,686,000 after buying an additional 52,770 shares during the period. Finally, Vise Technologies Inc. boosted its position in CF Industries by 26.2% in the 4th quarter. Vise Technologies Inc. now owns 5,355 shares of the basic materials company’s stock valued at $414,000 after buying an additional 1,113 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Richard A. Hoker sold 3,499 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $125.38, for a total transaction of $438,704.62. Following the completion of the sale, the vice president owned 31,036 shares in the company, valued at $3,891,293.68. The trade was a 10.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Bert A. Frost sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $126.00, for a total value of $756,000.00. Following the completion of the transaction, the executive vice president directly owned 69,472 shares of the company’s stock, valued at $8,753,472. This trade represents a 7.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 35,290 shares of company stock worth $4,690,711 over the last 90 days. Insiders own 0.51% of the company’s stock.

CF Industries Price Performance

CF Industries stock opened at $109.54 on Tuesday. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. The company has a fifty day simple moving average of $122.51 and a 200-day simple moving average of $102.99. The stock has a market cap of $16.83 billion, a P/E ratio of 9.84 and a beta of 0.38. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $1.35. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.84 billion. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.CF Industries’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period last year, the firm earned $1.85 earnings per share. Equities analysts expect that CF Industries Holdings, Inc. will post 14.39 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, May 15th. CF Industries’s dividend payout ratio (DPR) is 17.97%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CF. Mizuho upped their price objective on CF Industries from $100.00 to $105.00 and gave the stock an “underperform” rating in a research report on Tuesday, March 31st. Berenberg Bank lifted their target price on CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a report on Thursday, May 28th. Royal Bank Of Canada boosted their target price on CF Industries from $100.00 to $125.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 7th. BMO Capital Markets upped their price target on CF Industries from $115.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, March 18th. Finally, Morgan Stanley increased their price target on CF Industries from $95.00 to $135.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, CF Industries currently has an average rating of “Hold” and a consensus price target of $119.00.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.