PKO Investment Management Joint Stock Co Buys Shares of 5,700 CF Industries Holdings, Inc. (NYSE:CF)

PKO Investment Management Joint Stock Co acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,700 shares of the basic materials company's stock, valued at approximately $486,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. FMR LLC boosted 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 valued at $753,429,000 after purchasing an additional 543,876 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of CF Industries by 4.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock valued at $494,202,000 after acquiring an additional 225,109 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of CF Industries by 7.1% in the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock valued at $382,901,000 after acquiring an additional 299,173 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of CF Industries by 3.5% in the 4th quarter. First Trust Advisors LP now owns 4,425,518 shares of the basic materials company's stock valued at $377,585,000 after acquiring an additional 150,461 shares during the last quarter. Finally, Boston Partners lifted its holdings in shares of CF Industries by 7.0% in the 4th quarter. Boston Partners now owns 3,316,616 shares of the basic materials company's stock valued at $283,044,000 after acquiring an additional 216,395 shares during the last quarter. Institutional investors own 93.06% of the company's stock.

CF Industries Trading Up 2.7%

Shares of NYSE:CF traded up $2.46 during trading on Monday, reaching $93.17. 2,996,820 shares of the company were exchanged, compared to its average volume of 2,135,412. The firm has a market capitalization of $15.80 billion, a PE ratio of 13.76, a P/E/G ratio of 0.37 and a beta of 0.94. The business's fifty day simple moving average is $80.28 and its 200-day simple moving average is $83.74. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month 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 issued its earnings results 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 business had revenue of $1.66 billion for 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 quarterly revenue was up 13.1% compared to the same quarter last year. During the same period last year, the company posted $1.03 earnings per share. On average, research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

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

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.15%. CF Industries's dividend payout ratio is presently 26.35%.

Analyst Ratings Changes

CF has been the subject of a number of analyst reports. Scotiabank raised shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price target for the company in a report on Wednesday, April 9th. Barclays increased their price target on shares of CF Industries from $87.00 to $91.00 and gave the company an "equal weight" rating in a report on Wednesday, May 14th. Morgan Stanley lowered their price target 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. BNP Paribas raised shares of CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Finally, Oppenheimer lowered shares of CF Industries from an "outperform" rating to a "market perform" rating in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus 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.