Eminence Capital LP Has $196.67 Million Stake in CF Industries Holdings, Inc. (NYSE:CF)

Eminence Capital LP decreased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,305,093 shares of the basic materials company's stock after selling 153,040 shares during the period. CF Industries makes up about 3.0% of Eminence Capital LP's investment portfolio, making the stock its 8th largest holding. Eminence Capital LP owned about 1.32% of CF Industries worth $196,671,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Checchi Capital Advisers LLC increased its holdings in CF Industries by 4.3% during the fourth quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock worth $221,000 after buying an additional 108 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in CF Industries by 2.1% in 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 position in CF Industries by 26.9% during the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after buying an additional 122 shares in the last quarter. Oppenheimer Asset Management Inc. increased its stake in CF Industries by 1.8% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock worth $602,000 after acquiring an additional 126 shares during the period. Finally, Coldstream Capital Management Inc. lifted its position in shares of CF Industries by 4.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 3,009 shares of the basic materials company's stock valued at $257,000 after acquiring an additional 126 shares during the period. 93.06% of the stock is owned by institutional investors.

CF Industries Trading Up 1.4 %

Shares of CF stock traded up $1.13 during mid-day trading on Friday, hitting $82.45. The company's stock had a trading volume of 2,523,318 shares, compared to its average volume of 2,117,734. The company has a market cap of $13.98 billion, a PE ratio of 12.18, a P/E/G ratio of 0.37 and a beta of 0.94. The company's fifty day simple moving average is $76.46 and its 200-day simple moving average is $83.22. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.85 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.38. The business had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.53 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business's quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the company posted $1.03 earnings per share. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.43%. CF Industries's dividend payout ratio (DPR) is presently 26.35%.

CF Industries declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 7th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the basic materials company to repurchase up to 14.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CF. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price target for the company in a research note on Wednesday, April 9th. Royal Bank of Canada lowered 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 research report on Tuesday, February 25th. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. UBS Group upped their price objective on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a research report on Thursday. Finally, Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target on the stock in a research note on Monday, February 24th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $89.50.

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.