Tokio Marine Asset Management Co. Ltd. Raises Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 11.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 5,534 shares of the basic materials company’s stock after acquiring an additional 574 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in CF Industries were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Turtle Creek Wealth Advisors LLC bought a new position in CF Industries during the fourth quarter valued at $29,000. ORG Partners LLC grew its holdings in CF Industries by 428.6% during the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 300 shares during the period. Bruce G. Allen Investments LLC bought a new position in shares of CF Industries in the fourth quarter worth $32,000. Meeder Asset Management Inc. bought a new position in shares of CF Industries in the fourth quarter worth $36,000. Finally, Larson Financial Group LLC bought a new position in shares of CF Industries in the third quarter worth $50,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Trading Up 0.0 %

NYSE CF opened at $80.00 on Monday. The stock’s 50-day simple moving average is $81.60 and its two-hundred day simple moving average is $79.56. CF Industries Holdings, Inc. has a twelve month low of $60.08 and a twelve month high of $87.90. The company has a quick ratio of 3.44, a current ratio of 3.81 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $15.02 billion, a price-to-earnings ratio of 10.20, a PEG ratio of 2.28 and a beta of 1.03.

CF Industries (NYSE:CF) last released its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the business earned $4.35 EPS. The company’s revenue for the quarter was down 39.8% on a year-over-year basis. Research analysts forecast that CF Industries Holdings, Inc. will post 5.86 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.50%. CF Industries’s dividend payout ratio is currently 25.51%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CF. Wolfe Research began coverage on CF Industries in a report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price target for the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $95.00 price target on shares of CF Industries in a report on Friday, February 16th. Barclays raised CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target for the company in a report on Friday, January 12th. Bank of America reaffirmed a “neutral” rating and issued a $88.00 price target (down from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Finally, Berenberg Bank lifted their price objective on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $86.47.

Insider Transactions at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the transaction, the executive vice president now owns 64,030 shares in the company, valued at $5,442,550. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.42% of the company’s stock.

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.