Jump Financial LLC Invests $609,000 in CF Industries Holdings, Inc. (NYSE:CF)

Jump Financial LLC purchased a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,143 shares of the basic materials company's stock, valued at approximately $609,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Checchi Capital Advisers LLC boosted its stake in CF Industries by 4.3% in the fourth quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock valued at $221,000 after acquiring an additional 108 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its position in CF Industries by 2.1% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company's stock valued at $495,000 after purchasing an additional 120 shares during the period. Brooklyn Investment Group grew its stake in CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after buying an additional 122 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in CF Industries by 1.8% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock worth $602,000 after buying an additional 126 shares during the period. Finally, Ballentine Partners LLC lifted its stake in CF Industries by 2.3% in the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company's stock valued at $482,000 after buying an additional 127 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Performance

NYSE:CF traded up $0.01 during trading hours on Tuesday, hitting $79.65. 252,599 shares of the company traded hands, compared to its average volume of 2,094,064. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $13.50 billion, a price-to-earnings ratio of 11.75, a P/E/G ratio of 0.37 and a beta of 0.84. The firm has a 50-day moving average of $76.06 and a 200 day moving average of $83.48. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.49 by $0.40. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. On average, analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.51%. CF Industries's payout ratio is 29.54%.

Analyst Upgrades and Downgrades

CF has been the topic of several recent research reports. Barclays cut their price objective on shares of CF Industries from $95.00 to $87.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. Morgan Stanley lowered their price target on CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a report on Friday, April 11th. UBS Group decreased their target price on shares of CF Industries from $90.00 to $79.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. Royal Bank of Canada decreased their price objective 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. Finally, The Goldman Sachs Group assumed coverage on CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 target price for the company. One research analyst has rated the stock with a sell rating, ten have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $89.29.

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.