CF Industries Holdings, Inc. (NYSE:CF) Shares Acquired by Buckhead Capital Management LLC

Buckhead Capital Management LLC boosted its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,294 shares of the basic materials company's stock after buying an additional 3,452 shares during the period. Buckhead Capital Management LLC's holdings in CF Industries were worth $3,071,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Norges Bank purchased a new position in CF Industries during the fourth quarter worth approximately $131,350,000. Bank of New York Mellon Corp boosted its position in shares of CF Industries by 72.8% during the 1st quarter. Bank of New York Mellon Corp now owns 2,278,354 shares of the basic materials company's stock valued at $178,053,000 after acquiring an additional 959,901 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of CF Industries by 29.4% in the fourth quarter. Ameriprise Financial Inc. now owns 2,804,718 shares of the basic materials company's stock valued at $239,299,000 after purchasing an additional 637,784 shares during the period. FMR LLC increased its holdings in shares of CF Industries by 6.6% during the 4th quarter. FMR LLC now owns 8,830,621 shares of the basic materials company's stock worth $753,429,000 after buying an additional 543,876 shares during the last quarter. Finally, Powszechne Towarzystwo Emerytalne Allianz Polska S.A. purchased a new stake in shares of CF Industries during the 4th quarter valued at approximately $37,247,000. Institutional investors and hedge funds own 93.06% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Wells Fargo & Company upped their price objective on shares of CF Industries from $105.00 to $108.00 and gave the stock an "overweight" rating in a report on Thursday. Royal Bank Of Canada set a $100.00 price target on CF Industries and gave the stock a "sector perform" rating in a research report on Monday, July 14th. BNP Paribas upgraded CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. UBS Group raised their target price on CF Industries from $79.00 to $82.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Finally, Scotiabank upgraded shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price target on the stock in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $93.00.

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 10,000 shares of the company's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $100.23, for a total transaction of $1,002,300.00. Following the completion of the sale, the executive vice president directly owned 87,923 shares in the company, valued at $8,812,522.29. This represents a 10.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.42% of the stock is currently owned by company insiders.

CF Industries Stock Performance

CF stock traded up $0.81 during trading on Friday, hitting $92.60. The company had a trading volume of 2,297,544 shares, compared to its average volume of 2,265,571. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45. The firm has a 50-day moving average price of $93.04 and a 200-day moving average price of $85.50. The company has a quick ratio of 2.22, a current ratio of 2.59 and a debt-to-equity ratio of 0.41. The firm has a market cap of $15.70 billion, a PE ratio of 12.20 and a beta of 0.96.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share for the quarter, beating analysts' consensus estimates of $1.47 by $0.38. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.53 billion. CF Industries had a return on equity of 17.39% and a net margin of 21.80%. The firm's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.03 EPS. On average, analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Friday, August 15th. CF Industries's dividend payout ratio is currently 26.35%.

CF Industries declared that its board has approved a stock repurchase program on Wednesday, May 7th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the basic materials company to purchase up to 14.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

CF Industries Profile

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.