CF Industries Holdings, Inc. (NYSE:CF) Shares Acquired by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 24.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,942 shares of the basic materials company's stock after purchasing an additional 3,122 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in CF Industries were worth $1,360,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of CF. Checchi Capital Advisers LLC raised its stake in CF Industries by 4.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock worth $221,000 after buying an additional 108 shares during the period. Meiji Yasuda Asset Management Co Ltd. grew its position in CF Industries by 2.1% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company's stock valued at $495,000 after buying an additional 120 shares during the period. Brooklyn Investment Group increased its stake in shares of CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after purchasing an additional 122 shares during the last quarter. Oppenheimer Asset Management Inc. raised its stake in CF Industries by 1.8% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock valued at $602,000 after acquiring an additional 126 shares during the period. Finally, Coldstream Capital Management Inc. lifted its holdings in CF Industries by 4.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 3,009 shares of the basic materials company's stock worth $257,000 after purchasing an additional 126 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company's stock.

CF Industries Trading Up 2.2%

CF Industries stock traded up $1.81 during mid-day trading on Monday, hitting $84.22. The company's stock had a trading volume of 3,091,040 shares, compared to its average volume of 2,121,628. The company has a 50 day moving average of $76.46 and a 200-day moving average of $83.22. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The stock has a market cap of $14.28 billion, a PE ratio of 12.44, 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.

CF Industries (NYSE:CF - Get Free Report) last posted 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 business 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%. The business's revenue was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.03 EPS. 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 of Directors has authorized a stock buyback program 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 programs are generally an indication that the company's board of directors believes its shares are undervalued.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.37%. CF Industries's dividend payout ratio is presently 26.35%.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. The Goldman Sachs Group initiated coverage on shares of CF Industries in a research report on Thursday, March 13th. They set a "neutral" rating and a $86.00 price target on the stock. Royal Bank of Canada reduced their target price on CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Bank of America upgraded CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target on the stock in a research report on Monday, February 24th. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective for the company in a research report on Wednesday, April 9th. Finally, Wells Fargo & Company lifted their price target on shares of CF Industries from $96.00 to $98.00 and gave the company an "overweight" rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $89.93.

CF Industries Company 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.