BI Asset Management Fondsmaeglerselskab A S Has $11.89 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 679.2% in the fourth quarter, HoldingsChannel reports. The fund owned 139,359 shares of the basic materials company’s stock after buying an additional 121,474 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in CF Industries were worth $11,890,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Barclays PLC increased its stake in shares of CF Industries by 68.9% in the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock worth $63,263,000 after acquiring an additional 300,873 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in CF Industries by 8.7% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 28,364 shares of the basic materials company’s stock valued at $2,434,000 after purchasing an additional 2,270 shares in the last quarter. Sanctuary Advisors LLC increased its position in CF Industries by 4.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 16,939 shares of the basic materials company’s stock worth $1,521,000 after purchasing an additional 731 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of CF Industries during the 3rd quarter worth about $993,000. Finally, Tidal Investments LLC lifted its holdings in shares of CF Industries by 94.7% during the 3rd quarter. Tidal Investments LLC now owns 40,616 shares of the basic materials company’s stock valued at $3,485,000 after buying an additional 19,760 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CF. BNP Paribas raised shares of CF Industries to a “strong-buy” rating in a research report on Wednesday, April 9th. Scotiabank upgraded shares of CF Industries from a “sector underperform” rating to a “sector perform” rating and set a $81.00 price target on the stock in a report on Wednesday, April 9th. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Oppenheimer cut their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Finally, UBS Group decreased their price target on CF Industries from $90.00 to $79.00 and set a “neutral” rating for the company in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and an average price target of $89.86.

CF Industries Trading Up 1.1 %

Shares of CF stock opened at $74.90 on Friday. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $98.25. The firm’s fifty day simple moving average is $76.71 and its 200 day simple moving average is $83.98. The firm has a market capitalization of $12.70 billion, a P/E ratio of 11.06, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio is presently 29.54%.

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.