International Assets Investment Management LLC Makes New Investment in CF Industries Holdings, Inc. (NYSE:CF)

International Assets Investment Management LLC purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,925 shares of the basic materials company’s stock, valued at approximately $9,480,000.

A number of other large investors have also made changes to their positions in CF. Bleakley Financial Group LLC raised its holdings in CF Industries by 8.6% during the 4th quarter. Bleakley Financial Group LLC now owns 2,948 shares of the basic materials company’s stock worth $234,000 after buying an additional 234 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of CF Industries in the 4th quarter valued at about $36,000. Nisa Investment Advisors LLC boosted its position in shares of CF Industries by 2.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 68,238 shares of the basic materials company’s stock worth $5,425,000 after buying an additional 1,510 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of CF Industries by 3.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 46,797 shares of the basic materials company’s stock worth $3,720,000 after buying an additional 1,539 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale raised its position in CF Industries by 367.8% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 101,399 shares of the basic materials company’s stock valued at $8,007,000 after buying an additional 79,724 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CF shares. BMO Capital Markets reduced their price target on CF Industries from $100.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday. UBS Group cut shares of CF Industries from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $95.00 to $83.00 in a report on Wednesday, January 31st. Wells Fargo & Company lowered their price target on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a research note on Friday, February 16th. Royal Bank of Canada restated an “outperform” rating and set a $95.00 price objective on shares of CF Industries in a research note on Friday, February 16th. Finally, Berenberg Bank lifted their target price on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $85.44.

Insider Activity

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

CF Industries Stock Up 0.6 %

CF opened at $74.51 on Tuesday. The stock’s fifty day simple moving average is $81.34 and its 200 day simple moving average is $79.20. CF Industries Holdings, Inc. has a 1-year low of $60.08 and a 1-year high of $87.90. The stock has a market cap of $13.99 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 2.11 and a beta of 1.02. The company has a current ratio of 3.94, a quick ratio of 3.55 and a debt-to-equity ratio of 0.37.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.44). The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. CF Industries had a net margin of 19.03% and a return on equity of 14.08%. CF Industries’s revenue for the quarter was down 26.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.85 earnings per share. As a group, research analysts expect that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current year.

CF Industries Dividend Announcement

The company 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 dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date is Tuesday, May 14th. CF Industries’s dividend payout ratio is presently 33.22%.

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.