Burford Brothers Inc. Makes New $960,000 Investment in CF Industries Holdings, Inc. $CF

Burford Brothers Inc. bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,417 shares of the basic materials company’s stock, valued at approximately $960,000.

Other hedge funds have also recently bought and sold shares of the company. Eastern Bank acquired a new position in CF Industries during the third quarter worth $35,000. Peterson Wealth Services increased its position in CF Industries by 451.3% during the third quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock worth $40,000 after buying an additional 361 shares during the last quarter. Root Financial Partners LLC acquired a new position in CF Industries during the third quarter worth $41,000. Stance Capital LLC acquired a new position in CF Industries during the third quarter worth $42,000. Finally, Eagle Bay Advisors LLC acquired a new position in CF Industries during the fourth quarter worth $43,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Susan L. Menzel sold 18,041 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $136.06, for a total value of $2,454,658.46. Following the sale, the executive vice president directly owned 55,762 shares of the company’s stock, valued at approximately $7,586,977.72. This trade represents a 24.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $126.00, for a total value of $756,000.00. Following the sale, the executive vice president directly owned 69,472 shares in the company, valued at approximately $8,753,472. This trade represents a 7.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 82,408 shares of company stock valued at $9,971,298 in the last quarter. Insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

CF has been the topic of several analyst reports. Zacks Research raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Mizuho increased their target price on shares of CF Industries from $100.00 to $105.00 and gave the stock an “underperform” rating in a research report on Tuesday, March 31st. Barclays increased their target price on shares of CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. The Goldman Sachs Group increased their target price on shares of CF Industries from $132.00 to $133.00 in a research report on Friday, May 8th. Finally, UBS Group lowered their target price on shares of CF Industries from $140.00 to $130.00 in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $118.47.

CF Industries Trading Up 1.8%

Shares of NYSE:CF opened at $125.24 on Friday. The company has a market cap of $19.24 billion, a P/E ratio of 11.25 and a beta of 0.42. The stock’s 50-day moving average is $123.96 and its 200-day moving average is $98.99. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $1.35. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.84 billion. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.The firm’s revenue was up 19.4% compared to the same quarter last year. During the same period last year, the business posted $1.85 earnings per share. Equities research analysts predict that CF Industries Holdings, Inc. will post 15.02 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.