Cornerstone Capital Management Holdings LLC. lifted its position in CF Industries Holdings, Inc. (NYSE:CF) by 814.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 832,786 shares of the basic materials company’s stock after acquiring an additional 741,681 shares during the period. Cornerstone Capital Management Holdings LLC. owned 0.36% of CF Industries worth $35,425,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in CF. Tower Research Capital LLC TRC increased its position in CF Industries by 451.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock valued at $134,000 after buying an additional 2,585 shares in the last quarter. Delphi Private Advisors LLC bought a new position in CF Industries during the 4th quarter valued at approximately $144,000. Stuart Chaussee & Associates Inc. bought a new position in CF Industries during the 4th quarter valued at approximately $144,000. CoreCommodity Management LLC bought a new position in CF Industries during the 4th quarter valued at approximately $153,000. Finally, First Allied Advisory Services Inc. bought a new position in CF Industries during the 4th quarter valued at approximately $210,000.
CF has been the subject of a number of analyst reports. TheStreet raised CF Industries from a “c+” rating to a “b-” rating in a research report on Friday, March 9th. Zacks Investment Research raised CF Industries from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research report on Tuesday, November 14th. Stephens initiated coverage on CF Industries in a research report on Monday, December 4th. They set an “equal weight” rating and a $38.00 price objective for the company. Piper Jaffray Companies set a $44.00 price objective on CF Industries and gave the company a “hold” rating in a research report on Thursday, February 15th. Finally, Scotiabank set a $35.00 target price on CF Industries and gave the stock a “hold” rating in a report on Thursday, February 15th. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $38.14.
CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, February 14th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.06. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $988.91 million. CF Industries had a negative return on equity of 0.92% and a net margin of 8.67%. The company’s revenue for the quarter was up 26.8% on a year-over-year basis. During the same period last year, the business posted ($0.39) EPS. research analysts predict that CF Industries Holdings, Inc. will post 0.93 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.97%. CF Industries’s dividend payout ratio (DPR) is currently 78.95%.
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CF Industries Company Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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