Talaria Asset Management Pty Ltd Takes $28.16 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Talaria Asset Management Pty Ltd acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 330,000 shares of the basic materials company's stock, valued at approximately $28,156,000. CF Industries makes up about 7.3% of Talaria Asset Management Pty Ltd's portfolio, making the stock its 8th biggest position. Talaria Asset Management Pty Ltd owned approximately 0.19% of CF Industries at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Mizuho Bank Ltd. bought a new stake in CF Industries during the 4th quarter valued at approximately $26,000. Heck Capital Advisors LLC purchased a new position in shares of CF Industries during the fourth quarter valued at approximately $34,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of 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 valued at $41,000 after purchasing an additional 161 shares during the last quarter. Asset Planning Inc purchased a new position in shares of CF Industries during the fourth quarter valued at approximately $44,000. Finally, Arlington Trust Co LLC lifted its holdings in shares of CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after purchasing an additional 460 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CF has been the subject of several recent research reports. BNP Paribas upgraded shares of CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price for the company in a report on Monday, February 24th. Oppenheimer lowered shares of CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. Royal Bank of Canada lowered their target price on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Finally, Wells Fargo & Company lifted their target price on shares of CF Industries from $96.00 to $98.00 and gave the company an "overweight" rating in a report on Monday, May 12th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $90.21.

CF Industries Stock Up 0.6%

NYSE CF traded up $0.58 during mid-day trading on Friday, reaching $90.69. The stock had a trading volume of 3,356,025 shares, compared to its average volume of 2,145,955. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $98.25. The stock has a market cap of $15.38 billion, a PE ratio of 13.40, a price-to-earnings-growth ratio of 0.37 and a beta of 0.94. The company has a fifty day moving average price of $79.95 and a 200 day moving average price of $83.72. 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 announced its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the business earned $1.03 EPS. The firm's revenue for the quarter was up 13.1% on a year-over-year basis. On average, research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were issued a dividend of $0.50 per share. The ex-dividend date was Thursday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.21%. CF Industries's payout ratio is 26.35%.

CF Industries declared that its board has authorized a stock repurchase plan on Wednesday, May 7th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the basic materials company to purchase up to 14.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are 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.