Diametric Capital LP Purchases Shares of 5,450 CF Industries Holdings, Inc. (NYSE:CF)

Diametric Capital LP acquired a new position in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 5,450 shares of the basic materials company’s stock, valued at approximately $465,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. National Bank of Canada FI increased its stake in CF Industries by 5.0% in the 4th quarter. National Bank of Canada FI now owns 130,575 shares of the basic materials company’s stock worth $11,140,000 after purchasing an additional 6,191 shares during the period. HighPoint Advisor Group LLC increased its stake in shares of CF Industries by 25.9% in the fourth quarter. HighPoint Advisor Group LLC now owns 7,267 shares of the basic materials company’s stock worth $618,000 after buying an additional 1,495 shares during the period. Franklin Resources Inc. raised its holdings in CF Industries by 55.6% during the 4th quarter. Franklin Resources Inc. now owns 382,334 shares of the basic materials company’s stock valued at $32,619,000 after buying an additional 136,592 shares during the last quarter. Alliancebernstein L.P. boosted its position in CF Industries by 23.4% during the 4th quarter. Alliancebernstein L.P. now owns 595,274 shares of the basic materials company’s stock valued at $50,789,000 after buying an additional 112,823 shares during the period. Finally, C M Bidwell & Associates Ltd. bought a new stake in CF Industries in the 4th quarter worth $201,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.9 %

NYSE:CF opened at $78.11 on Tuesday. The firm has a market capitalization of $13.24 billion, a P/E ratio of 11.54, a PEG ratio of 0.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. The company’s 50-day simple moving average is $82.11 and its 200 day simple moving average is $85.15.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The firm had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. As a group, analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.56%. CF Industries’s payout ratio is presently 29.54%.

Analysts Set New Price Targets

Several brokerages have recently commented on CF. Royal Bank of Canada dropped their target price on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Barclays dropped their price objective on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. The Goldman Sachs Group began coverage on CF Industries in a research note on Thursday, March 13th. They set a “neutral” rating and a $86.00 target price on the stock. Scotiabank dropped their price target on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. Finally, Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective on the stock in a research report on Monday, February 24th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, CF Industries has a consensus rating of “Hold” and a consensus price target of $89.86.

Insider Transactions at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction 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 completion of the sale, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock valued at $1,130,955 in the last quarter. 0.42% of the stock is owned by insiders.

About CF Industries

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.