330,000 Shares in CF Industries Holdings, Inc. (NYSE:CF) Acquired by Talaria Asset Management Pty Ltd

Talaria Asset Management Pty Ltd acquired a new position 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 Securities and Exchange Commission (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 investment portfolio, making the stock its 8th biggest position. Talaria Asset Management Pty Ltd owned 0.19% of CF Industries at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CF. Mizuho Bank Ltd. purchased a new stake in shares of CF Industries during the fourth quarter valued at approximately $26,000. Heck Capital Advisors LLC bought a new position in CF Industries in the fourth quarter worth $34,000. Creative Financial Designs Inc. ADV increased 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 acquiring an additional 161 shares in the last quarter. Asset Planning Inc bought a new position in shares of CF Industries during the fourth quarter valued at $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. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Stock Performance

Shares of CF traded down $1.42 during mid-day trading on Thursday, reaching $90.11. The company had a trading volume of 1,853,602 shares, compared to its average volume of 2,139,150. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week 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. The stock has a market capitalization of $15.28 billion, a P/E ratio of 13.31, a PEG ratio of 0.37 and a beta of 0.94. The stock has a 50 day moving average of $79.37 and a two-hundred day moving average of $83.64.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.38. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.53 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. CF Industries's revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.03 earnings per share. On average, analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

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

CF Industries announced that its board has approved a stock 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 reacquire up to 14.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

CF has been the topic of several research reports. The Goldman Sachs Group initiated coverage on CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 target price on the stock. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price on the stock in a research note on Wednesday, April 9th. Morgan Stanley reduced their price objective on CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Friday, April 11th. Wells Fargo & Company boosted their target price on CF Industries from $96.00 to $98.00 and gave the company an "overweight" rating in a research report on Monday, May 12th. Finally, Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a research report on Monday, February 24th. One analyst has rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $90.21.

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.