CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by Deutsche Bank AG

Deutsche Bank AG boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 20.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,280,937 shares of the basic materials company's stock after purchasing an additional 221,636 shares during the quarter. Deutsche Bank AG owned about 0.74% of CF Industries worth $109,290,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of CF Industries by 18.6% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,100 shares of the basic materials company's stock valued at $179,000 after buying an additional 330 shares during the last quarter. EP Wealth Advisors LLC boosted its holdings in CF Industries by 37.5% in the fourth quarter. EP Wealth Advisors LLC now owns 6,345 shares of the basic materials company's stock worth $541,000 after purchasing an additional 1,731 shares during the last quarter. Corton Capital Inc. purchased a new stake in CF Industries in the fourth quarter worth approximately $265,000. Crestline Management LP purchased a new stake in CF Industries in the fourth quarter worth approximately $3,859,000. Finally, Cetera Investment Advisers boosted its holdings in CF Industries by 1.4% in the fourth quarter. Cetera Investment Advisers now owns 30,333 shares of the basic materials company's stock worth $2,588,000 after purchasing an additional 425 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Trading Down 2.7%

Shares of NYSE CF traded down $2.34 during trading hours on Wednesday, reaching $85.39. The stock had a trading volume of 2,214,093 shares, compared to its average volume of 2,132,250. 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 firm has a market cap of $14.48 billion, a price-to-earnings ratio of 12.61, a P/E/G ratio of 0.37 and a beta of 0.94. The business's fifty day moving average price is $77.00 and its two-hundred day moving average price is $83.28. 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 announced its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.38. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.53 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. CF Industries's quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 earnings per share. Analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries declared that its board has initiated a stock repurchase plan on Wednesday, May 7th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the basic materials company to purchase up to 14.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend is Thursday, May 15th. CF Industries's payout ratio is presently 26.35%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. 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 report on Monday, February 24th. Barclays raised their price target on CF Industries from $87.00 to $91.00 and gave the company an "equal weight" rating in a report on Wednesday. Royal Bank of Canada decreased their price target on CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. BNP Paribas raised CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Finally, Oppenheimer cut CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $90.21.

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.