Fideuram Asset Management Ireland dac Takes Position in CF Industries Holdings, Inc. $CF

Fideuram Asset Management Ireland dac bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,412 shares of the basic materials company’s stock, valued at approximately $872,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in CF Industries by 11.5% during the third quarter. Principal Financial Group Inc. now owns 232,647 shares of the basic materials company’s stock worth $20,868,000 after buying an additional 23,942 shares in the last quarter. Assetmark Inc. grew its position in CF Industries by 878.2% during the third quarter. Assetmark Inc. now owns 17,941 shares of the basic materials company’s stock worth $1,609,000 after buying an additional 16,107 shares in the last quarter. Van ECK Associates Corp grew its position in CF Industries by 19.8% during the third quarter. Van ECK Associates Corp now owns 369,321 shares of the basic materials company’s stock worth $33,128,000 after buying an additional 61,140 shares in the last quarter. KBC Group NV grew its position in CF Industries by 26.9% during the fourth quarter. KBC Group NV now owns 1,170,171 shares of the basic materials company’s stock worth $90,501,000 after buying an additional 248,020 shares in the last quarter. Finally, AIA Group Ltd acquired a new stake in CF Industries during the third quarter worth approximately $376,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Transactions at CF Industries

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction on 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 owned 69,472 shares of the company’s stock, valued at approximately $8,753,472. This trade represents a 7.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Erik M. Mayer sold 1,500 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $124.69, for a total value of $187,035.00. Following the completion of the sale, the vice president directly owned 6,341 shares in the company, valued at approximately $790,659.29. This represents a 19.13% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 79,193 shares of company stock worth $9,659,443. 0.51% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CF. Bank of America increased their price target on CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th. Morgan Stanley increased their price target on CF Industries from $95.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Rothschild & Co Redburn set a $72.00 price target on CF Industries in a research report on Wednesday, February 4th. Canadian Imperial Bank of Commerce increased their price target on CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, BMO Capital Markets increased their price target on CF Industries from $115.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 18th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, CF Industries has a consensus rating of “Hold” and an average target price of $117.69.

CF Industries Trading Down 3.6%

Shares of CF stock opened at $112.29 on Friday. The stock’s fifty day moving average price is $123.97 and its two-hundred day moving average price is $101.55. The company has a market cap of $17.25 billion, a PE ratio of 10.09 and a beta of 0.42. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two 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 earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $1.35. The firm 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 company’s revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.85 EPS. Equities analysts predict that CF Industries Holdings, Inc. will post 15.12 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was 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.