3,339 Shares in CF Industries Holdings, Inc. (NYSE:CF) Acquired by MQS Management LLC

MQS Management LLC bought a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 3,339 shares of the basic materials company's stock, valued at approximately $261,000.

Several other hedge funds also recently made changes to their positions in CF. Curat Global LLC acquired a new stake in CF Industries during the 1st quarter worth approximately $25,000. Mizuho Bank Ltd. purchased a new position in CF Industries in the fourth quarter valued at about $26,000. Golden State Wealth Management LLC increased its stake in CF Industries by 119.8% in the 1st quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock valued at $30,000 after purchasing an additional 206 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of CF Industries during the 4th quarter worth $34,000. Finally, Creative Financial Designs Inc. ADV raised its position in CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after acquiring an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

Insider Buying and Selling at CF Industries

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on CF shares. UBS Group boosted their price target on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Wolfe Research downgraded CF Industries from an "outperform" rating to a "peer perform" rating in a research report on Thursday, June 12th. Morgan Stanley set a $95.00 price objective on shares of CF Industries and gave the stock an "equal weight" rating in a research report on Thursday, June 26th. BNP Paribas upgraded CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Finally, Wells Fargo & Company set a $105.00 price target on shares of CF Industries and gave the stock an "overweight" rating in a research note on Wednesday, June 25th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, CF Industries currently has a consensus rating of "Hold" and an average price target of $92.79.

CF Industries Stock Performance

Shares of NYSE:CF traded down $3.24 on Wednesday, reaching $92.66. 3,154,689 shares of the company's stock were exchanged, compared to its average volume of 2,254,898. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The business's 50-day moving average is $92.63 and its two-hundred day moving average is $85.39. 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 capitalization of $15.71 billion, a price-to-earnings ratio of 12.21 and a beta of 0.96.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate 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 was up 13.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.03 EPS. As a group, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries announced that its Board of Directors has authorized a stock buyback plan on Wednesday, May 7th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the basic materials company to reacquire up to 14.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

CF Industries Dividend Announcement

The firm also recently announced 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 annualized dividend and a yield of 2.16%. The ex-dividend date is Friday, August 15th. CF Industries's payout ratio is currently 26.35%.

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.