Robertson Opportunity Capital LLC reduced its position in CF Industries Holdings, Inc. (NYSE:CF) by 27.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,000 shares of the basic materials company’s stock after selling 24,000 shares during the quarter. CF Industries makes up about 1.6% of Robertson Opportunity Capital LLC’s holdings, making the stock its 24th largest position. Robertson Opportunity Capital LLC’s holdings in CF Industries were worth $2,765,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in CF. Tower Research Capital LLC TRC increased its position in CF Industries by 451.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock worth $134,000 after buying an additional 2,585 shares during the last quarter. Delphi Private Advisors LLC purchased a new stake in CF Industries in the fourth quarter worth $144,000. Stuart Chaussee & Associates Inc. purchased a new stake in CF Industries in the fourth quarter worth $144,000. CoreCommodity Management LLC purchased a new position in shares of CF Industries in the fourth quarter valued at $153,000. Finally, Steward Partners Investment Advisory LLC purchased a new position in shares of CF Industries in the third quarter valued at $183,000.
Several research firms recently issued reports on CF. TheStreet raised CF Industries from a “c+” rating to a “b-” rating in a research note on Friday, March 9th. Citigroup lowered CF Industries from a “buy” rating to a “neutral” rating in a research note on Tuesday. Stephens set a $43.00 price objective on CF Industries and gave the company a “hold” rating in a research note on Thursday, February 22nd. Cowen raised CF Industries from a “market perform” rating to an “outperform” rating in a research note on Monday, March 5th. Finally, Bank of America lowered CF Industries from a “buy” rating to an “underperform” rating and set a $40.00 price objective for the company. in a research note on Thursday, March 8th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $38.14.
CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, February 14th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.06. CF Industries had a negative return on equity of 0.92% and a net margin of 8.67%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $988.91 million. During the same quarter in the previous year, the business earned ($0.39) EPS. CF Industries’s revenue was up 26.8% compared to the same quarter last year. analysts expect that CF Industries Holdings, Inc. will post 0.93 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Friday, February 16th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.97%. CF Industries’s dividend payout ratio is presently 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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