Fisher Funds Management LTD Buys New Shares in CF Industries Holdings, Inc. (NYSE:CF)

Fisher Funds Management LTD purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 104,889 shares of the basic materials company’s stock, valued at approximately $8,932,000.

Other large investors have also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new stake in CF Industries during the 4th quarter valued at approximately $34,000. Brooklyn Investment Group purchased a new stake in CF Industries in the third quarter valued at $39,000. Asset Planning Inc acquired a new stake in CF Industries during the 4th quarter worth about $44,000. Arlington Trust Co LLC grew its holdings in CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after acquiring an additional 460 shares during the period. Finally, Sierra Ocean LLC purchased a new position in CF Industries during the fourth quarter valued at approximately $49,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now owns 15,871 shares of the company’s stock, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,389 shares of company stock worth $1,455,965 over the last quarter. 0.42% of the stock is currently owned by company insiders.

CF Industries Stock Performance

Shares of CF Industries stock opened at $77.90 on Friday. The business’s 50 day moving average price is $87.91 and its 200 day moving average price is $85.58. The company has a market cap of $13.56 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 0.37 and a beta of 0.98. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. On average, research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

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 $0.50 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.57%. CF Industries’s dividend payout ratio (DPR) is 29.54%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on CF shares. UBS Group dropped their price objective on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday. Scotiabank reaffirmed a “sector underperform” rating and issued a $88.00 price objective on shares of CF Industries in a report on Friday, January 24th. JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. Royal Bank of Canada lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target for the company. in a research note on Tuesday, January 21st. Finally, Oppenheimer lowered their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $92.29.

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.