Cookson Peirce & Co. Inc. Purchases 965 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Cookson Peirce & Co. Inc. raised its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 20.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,594 shares of the basic materials company’s stock after acquiring an additional 965 shares during the period. Cookson Peirce & Co. Inc.’s holdings in CF Industries were worth $477,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. increased its position in CF Industries by 7.1% during the fourth quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company’s stock valued at $382,901,000 after acquiring an additional 299,173 shares during the last quarter. Commerzbank Aktiengesellschaft FI bought a new position in CF Industries during the fourth quarter valued at $625,000. Charles Schwab Investment Management Inc. increased its position in CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock valued at $494,202,000 after acquiring an additional 225,109 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in CF Industries during the fourth quarter valued at $51,000. Finally, Jones Financial Companies Lllp increased its position in CF Industries by 12.8% during the fourth quarter. Jones Financial Companies Lllp now owns 4,546 shares of the basic materials company’s stock valued at $388,000 after acquiring an additional 517 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the transaction, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. This represents a 1.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the transaction, the vice president now owns 15,871 shares in the company, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is currently owned by insiders.

CF Industries Stock Performance

CF stock opened at $76.32 on Thursday. The firm has a market cap of $12.94 billion, a price-to-earnings ratio of 11.27, a PEG ratio of 0.37 and a beta of 0.99. The firm has a 50-day simple moving average of $86.93 and a two-hundred day simple moving average of $85.56. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. 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 (NYSE:CF) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.62%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s payout ratio is 29.54%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their price target for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Scotiabank cut their price target on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a report on Monday, February 24th. Royal Bank of Canada cut their price target on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Barclays cut their price target on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, UBS Group cut their price target on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $90.15.

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.