Peak Retirement Planning Inc. Invests $791,000 in CF Industries Holdings, Inc. (NYSE:CF)

Peak Retirement Planning Inc. purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 9,262 shares of the basic materials company's stock, valued at approximately $791,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of CF Industries during the fourth quarter valued at approximately $131,350,000. Ameriprise Financial Inc. increased its stake in CF Industries by 29.4% during the 4th 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 in the last quarter. FMR LLC raised its holdings in CF Industries by 6.6% during the fourth 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. Powszechne Towarzystwo Emerytalne Allianz Polska S.A. bought a new stake in shares of CF Industries during the fourth quarter worth about $37,247,000. Finally, Skandinaviska Enskilda Banken AB publ increased its holdings in CF Industries by 459.4% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company's stock worth $36,583,000 after purchasing an additional 357,531 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Performance

CF traded down $1.56 during trading hours on Thursday, hitting $89.97. The stock had a trading volume of 680,366 shares, compared to its average volume of 2,132,861. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $98.25. The company's fifty day simple moving average is $79.37 and its 200 day simple moving average is $83.64. The stock has a market cap of $15.25 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 0.37 and a beta of 0.94. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

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 (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.38. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the previous year, the firm posted $1.03 earnings per share. The company's quarterly revenue was up 13.1% compared to the same quarter last year. Equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a $0.50 dividend. The ex-dividend date is Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.22%. CF Industries's dividend payout ratio (DPR) is presently 26.35%.

CF Industries announced that its board has authorized a share repurchase plan on Wednesday, May 7th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the basic materials company to buy up to 14.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

Analysts Set New Price Targets

CF has been the topic of a number of recent research reports. Barclays raised their target price on CF Industries from $87.00 to $91.00 and gave the company an "equal weight" rating in a report on Wednesday, May 14th. BNP Paribas upgraded CF Industries to a "strong-buy" rating in a research note on Wednesday, April 9th. Oppenheimer lowered shares of CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. Morgan Stanley lowered their target price on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a report on Friday, April 11th. Finally, Wells Fargo & Company boosted their price target on shares of CF Industries from $96.00 to $98.00 and gave the stock an "overweight" rating in a report on Monday, May 12th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, CF Industries 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.