Gallacher Capital Management LLC Grows Stake in CF Industries Holdings, Inc. (NYSE:CF)

Gallacher Capital Management LLC increased its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 19.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,391 shares of the basic materials company’s stock after buying an additional 1,528 shares during the period. Gallacher Capital Management LLC’s holdings in CF Industries were worth $801,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Skandinaviska Enskilda Banken AB publ increased its holdings in CF Industries by 459.4% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company’s stock valued at $36,583,000 after buying an additional 357,531 shares during the period. Barclays PLC increased its holdings in shares of CF Industries by 68.9% in the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock valued at $63,263,000 after acquiring an additional 300,873 shares during the period. FMR LLC increased its holdings in shares of CF Industries by 3.8% in the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after acquiring an additional 300,050 shares during the period. Victory Capital Management Inc. increased its holdings in shares of CF Industries by 7.1% in the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company’s stock valued at $382,901,000 after acquiring an additional 299,173 shares during the period. Finally, National Pension Service increased its holdings in shares of CF Industries by 2,848.4% in the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock valued at $24,776,000 after acquiring an additional 280,535 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Down 0.4 %

CF Industries stock opened at $76.55 on Friday. 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 business’s 50-day simple moving average is $85.55 and its two-hundred day simple moving average is $85.32. The company has a market cap of $12.98 billion, a PE ratio of 11.31, a PEG ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. Equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.61%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is currently 29.54%.

Insider Buying and Selling at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. This represents a 1.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares in the company, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Scotiabank reduced their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a report on Monday, February 24th. Oppenheimer reduced their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. 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 research note on Monday, February 24th. UBS Group reduced their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Finally, Royal Bank of Canada lowered their price objective on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus price target of $89.86.

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.