Teza Capital Management LLC Takes $415,000 Position in CF Industries Holdings, Inc. (NYSE:CF)

Teza Capital Management LLC purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 4,860 shares of the basic materials company's stock, valued at approximately $415,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CF. Mizuho Bank Ltd. acquired a new stake in CF Industries in the 4th quarter worth approximately $26,000. Heck Capital Advisors LLC acquired a new stake in CF Industries in the 4th quarter worth approximately $34,000. Creative Financial Designs Inc. ADV lifted 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 purchasing an additional 161 shares during the last quarter. Asset Planning Inc acquired a new position in shares of CF Industries during the fourth quarter worth 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 worth $49,000 after buying an additional 460 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Royal Bank of Canada cut their price target on CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. UBS Group upped their price target on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Barclays upped their price target 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 target for the company in a report on Wednesday, April 9th. Finally, Morgan Stanley cut their price target on CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $90.21.

CF Industries Stock Performance

Shares of NYSE:CF opened at $87.91 on Wednesday. The business's fifty day moving average price is $77.82 and its two-hundred day moving average price is $83.43. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $98.25. The stock has a market capitalization of $14.90 billion, a price-to-earnings ratio of 12.99, a price-to-earnings-growth ratio of 0.37 and a beta of 0.94. 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 results 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 prior year, the business posted $1.03 earnings per share. The business's revenue was up 13.1% compared to the same quarter last year. As a group, analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 7th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the basic materials company to repurchase up to 14.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date is Thursday, May 15th. CF Industries's dividend payout ratio (DPR) is 26.35%.

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.

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