23,000 Shares in CF Industries Holdings, Inc. $CF Purchased by BDF Gestion

BDF Gestion purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,000 shares of the basic materials company’s stock, valued at approximately $1,779,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. lifted its position in shares of CF Industries by 78.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after buying an additional 128 shares during the period. True Wealth Design LLC grew its position in CF Industries by 396.2% in the third quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 309 shares during the period. Eastern Bank bought a new stake in CF Industries in the third quarter valued at $35,000. Peterson Wealth Services raised its stake in CF Industries by 451.3% during the third quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 361 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new position in CF Industries during the third quarter worth $41,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CF has been the topic of several recent analyst reports. Scotiabank boosted their target price on shares of CF Industries from $82.00 to $85.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce increased their target price on shares of CF Industries from $100.00 to $118.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Bank of America lifted their price target on shares of CF Industries from $86.00 to $103.00 and gave the company an “underperform” rating in a report on Wednesday, March 18th. Weiss Ratings upgraded shares of CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. Finally, Wells Fargo & Company upped their price objective on shares of CF Industries from $100.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $101.73.

Insider Activity at CF Industries

In related news, VP Richard A. Hoker sold 6,184 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $109.33, for a total value of $676,096.72. Following the completion of the transaction, the vice president owned 34,535 shares in the company, valued at $3,775,711.55. The trade was a 15.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Susan L. Menzel sold 18,041 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $136.06, for a total transaction of $2,454,658.46. Following the completion of the transaction, the executive vice president owned 55,762 shares of the company’s stock, valued at $7,586,977.72. This trade represents a 24.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,408 shares of company stock valued at $9,971,298 over the last ninety days. Company insiders own 0.71% of the company’s stock.

CF Industries Price Performance

Shares of CF stock opened at $120.15 on Tuesday. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $137.44. The stock has a market capitalization of $18.46 billion, a PE ratio of 13.35 and a beta of 0.68. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.93 and a current ratio of 3.37. The stock’s fifty day moving average is $100.97 and its 200-day moving average is $89.20.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.53 by $0.06. CF Industries had a return on equity of 19.84% and a net margin of 20.54%.The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.78 billion. During the same period in the previous year, the business posted $1.89 earnings per share. The firm’s revenue for the quarter was up 22.8% compared to the same quarter last year. Equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.7%. CF Industries’s payout ratio is currently 22.22%.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.