Gotham Asset Management LLC Buys 213,603 Shares of CF Industries Holdings, Inc. $CF

Gotham Asset Management LLC lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 53.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 609,665 shares of the basic materials company’s stock after purchasing an additional 213,603 shares during the quarter. Gotham Asset Management LLC owned 0.39% of CF Industries worth $47,151,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. increased its position in shares of CF Industries by 46.3% during the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 156 shares during the last quarter. Stance Capital LLC acquired a new position in shares of CF Industries in the 3rd quarter worth approximately $42,000. Eagle Bay Advisors LLC purchased a new position in shares of CF Industries during the 4th quarter worth approximately $43,000. WPG Advisers LLC increased its holdings in CF Industries by 69.8% in the 4th quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 227 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in CF Industries in the 2nd quarter valued at approximately $44,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CF. BMO Capital Markets upped their price target on CF Industries from $115.00 to $140.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 18th. JPMorgan Chase & Co. boosted their price objective on CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. The Goldman Sachs Group increased their target price on CF Industries from $132.00 to $133.00 in a research note on Friday, May 8th. BNP Paribas Exane lowered their target price on CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a report on Monday. Finally, Bank of America boosted their price target on shares of CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $117.75.

CF Industries Stock Up 0.1%

Shares of NYSE CF opened at $105.70 on Thursday. The stock has a market cap of $16.24 billion, a P/E ratio of 9.50 and a beta of 0.38. The business’s fifty day simple moving average is $119.09 and its 200-day simple moving average is $104.43. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, topping 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%.CF Industries’s revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.85 EPS. As a group, equities analysts predict that CF Industries Holdings, Inc. will post 15.84 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.9%. CF Industries’s payout ratio is currently 17.97%.

About CF Industries

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.