Prospera Financial Services Inc Invests $363,000 in CF Industries Holdings, Inc. (NYSE:CF)

Prospera Financial Services Inc acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF – Get Rating) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,255 shares of the basic materials company’s stock, valued at approximately $363,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in CF Industries by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 25,747,358 shares of the basic materials company’s stock valued at $2,653,523,000 after purchasing an additional 94,482 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in CF Industries by 4.8% in the 3rd quarter. Price T Rowe Associates Inc. MD now owns 11,789,927 shares of the basic materials company’s stock valued at $1,134,783,000 after purchasing an additional 544,263 shares in the last quarter. State Street Corp increased its holdings in CF Industries by 3.1% in the 3rd quarter. State Street Corp now owns 9,216,702 shares of the basic materials company’s stock valued at $887,108,000 after purchasing an additional 277,997 shares in the last quarter. Pacer Advisors Inc. increased its holdings in CF Industries by 83.1% in the 4th quarter. Pacer Advisors Inc. now owns 1,971,287 shares of the basic materials company’s stock valued at $167,954,000 after purchasing an additional 894,857 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in CF Industries by 48.5% in the 3rd quarter. Renaissance Technologies LLC now owns 1,716,450 shares of the basic materials company’s stock valued at $165,208,000 after purchasing an additional 560,800 shares in the last quarter. 92.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CF shares. Mizuho lowered their price target on CF Industries from $101.00 to $83.00 in a report on Friday, April 28th. Credit Suisse Group decreased their price objective on shares of CF Industries from $75.00 to $70.00 in a research report on Tuesday, May 2nd. UBS Group decreased their price objective on shares of CF Industries from $104.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, February 16th. Citigroup decreased their price objective on shares of CF Industries from $126.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, January 20th. Finally, StockNews.com assumed coverage on shares of CF Industries in a research report on Thursday, March 16th. They issued a “hold” rating for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.15.

CF Industries Price Performance

CF opened at $66.53 on Friday. The firm has a market cap of $12.97 billion, a price-to-earnings ratio of 4.45, a price-to-earnings-growth ratio of 1.29 and a beta of 1.01. CF Industries Holdings, Inc. has a fifty-two week low of $63.81 and a fifty-two week high of $119.60. The company’s 50-day moving average price is $73.44 and its 200 day moving average price is $86.27. The company has a quick ratio of 3.97, a current ratio of 4.46 and a debt-to-equity ratio of 0.37.

CF Industries (NYSE:CF – Get Rating) last released its quarterly earnings data on Monday, May 1st. The basic materials company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.22. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.86 billion. CF Industries had a net margin of 29.26% and a return on equity of 42.23%. CF Industries’s quarterly revenue was down 29.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.21 earnings per share. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 8.98 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Monday, May 15th will be paid a $0.40 dividend. The ex-dividend date is Friday, May 12th. This represents a $1.60 annualized dividend and a dividend yield of 2.40%. CF Industries’s payout ratio is currently 10.70%.

CF Industries Profile

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CF Industries Holdings, Inc engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through following segments: Ammonia, Granular Urea, UAN, AN, and Other.