Siemens Fonds Invest GmbH purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,652 shares of the basic materials company's stock, valued at approximately $397,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Mizuho Bank Ltd. bought a new position in shares of CF Industries during the fourth quarter valued at $26,000. Heck Capital Advisors LLC bought a new stake in CF Industries in the 4th quarter worth about $34,000. Creative Financial Designs Inc. ADV increased its holdings in CF Industries by 50.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after buying an additional 161 shares in the last quarter. Asset Planning Inc bought a new stake in CF Industries in the 4th quarter worth about $44,000. Finally, Arlington Trust Co LLC increased its holdings in CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock worth $49,000 after buying an additional 460 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.
CF Industries Stock Performance
Shares of CF Industries stock traded down $0.57 during trading hours on Tuesday, reaching $92.40. 2,574,489 shares of the stock traded hands, compared to its average volume of 2,135,804. The company has a 50 day moving average price of $80.56 and a 200 day moving average price of $83.80. The firm has a market capitalization of $15.67 billion, a price-to-earnings ratio of 13.65, a P/E/G ratio of 0.37 and a beta of 0.94. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $98.25. 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 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. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The firm had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.53 billion. During the same period in the previous year, the firm earned $1.03 EPS. The business's quarterly revenue was up 13.1% on a year-over-year basis. On average, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.
CF Industries declared that its board has authorized a share buyback plan 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 plans are generally an indication that the company's leadership believes its shares are undervalued.
CF Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.16%. CF Industries's payout ratio is currently 26.35%.
Analyst Ratings Changes
Several research firms recently commented on CF. Barclays lifted their price objective on CF Industries from $87.00 to $91.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 14th. Scotiabank upgraded CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective for the company in a report on Wednesday, April 9th. BNP Paribas upgraded CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. The Goldman Sachs Group began coverage on CF Industries in a report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price objective for the company. Finally, UBS Group lifted their price objective on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $90.21.
View Our Latest Analysis on CF
About CF Industries
(
Free Report)
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.
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