Brooklyn FI LLC Takes $437,000 Position in CF Industries Holdings, Inc. (NYSE:CF)

Brooklyn FI LLC acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,056 shares of the basic materials company's stock, valued at approximately $437,000.

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC lifted its holdings in shares of CF Industries by 68.9% during the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock valued at $63,263,000 after purchasing an additional 300,873 shares in the last quarter. Park Avenue Securities LLC bought a new position in CF Industries during the 4th quarter valued at about $226,000. Atomi Financial Group Inc. purchased a new stake in shares of CF Industries during the 4th quarter valued at about $216,000. Janney Montgomery Scott LLC grew its stake in shares of CF Industries by 3.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,876 shares of the basic materials company's stock worth $1,440,000 after acquiring an additional 487 shares during the period. Finally, Linden Thomas Advisory Services LLC grew its stake in shares of CF Industries by 29.9% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 9,132 shares of the basic materials company's stock worth $779,000 after acquiring an additional 2,101 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CF. Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective on the stock in a research report on Monday, February 24th. The Goldman Sachs Group started coverage on CF Industries in a report on Thursday, March 13th. They set a "neutral" rating and a $86.00 price target on the stock. Morgan Stanley dropped their price target on CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Friday, April 11th. Royal Bank of Canada reduced their price objective on 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. Finally, BNP Paribas raised CF Industries to a "strong-buy" rating in a research report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $90.21.

CF Industries Stock Performance

Shares of NYSE:CF traded up $0.58 during mid-day trading on Friday, reaching $90.69. 3,356,025 shares of the company traded hands, compared to its average volume of 2,145,955. The company's 50 day moving average price is $79.95 and its 200-day moving average price is $83.72. The firm has a market cap of $15.38 billion, a PE ratio of 13.40, a PEG ratio of 0.37 and a beta of 0.94. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share 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 analyst estimates of $1.53 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company's revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 earnings per share. On average, equities analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.21%. CF Industries's payout ratio is presently 26.35%.

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

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.