BI Asset Management Fondsmaeglerselskab A S Lowers Stock Position in CF Industries Holdings, Inc. $CF

BI Asset Management Fondsmaeglerselskab A S lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 37.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,188 shares of the basic materials company’s stock after selling 66,107 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in CF Industries were worth $8,599,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CF. Norges Bank acquired a new stake in shares of CF Industries in the 4th quarter worth approximately $193,657,000. Worldquant Millennium Advisors LLC acquired a new stake in shares of CF Industries in the 2nd quarter worth approximately $96,560,000. Caisse de depot et placement du Quebec grew its holdings in shares of CF Industries by 52.4% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 1,775,106 shares of the basic materials company’s stock worth $159,227,000 after acquiring an additional 610,259 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of CF Industries by 22.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,133,709 shares of the basic materials company’s stock worth $281,104,000 after acquiring an additional 568,710 shares during the period. Finally, AustralianSuper Pty Ltd grew its holdings in shares of CF Industries by 115.1% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,019,926 shares of the basic materials company’s stock worth $78,881,000 after acquiring an additional 545,668 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Buying and Selling

In other CF Industries news, VP Richard A. Hoker sold 3,499 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $125.38, for a total transaction of $438,704.62. Following the transaction, the vice president owned 31,036 shares of the company’s stock, valued at $3,891,293.68. This represents a 10.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Bert A. Frost sold 6,000 shares of the 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 transaction, the executive vice president directly owned 69,472 shares in the company, valued at approximately $8,753,472. This represents a 7.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 40,824 shares of company stock worth $5,333,817 in the last quarter. Corporate insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CF. Barclays upped their price target on CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. 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 report on Wednesday, March 18th. Wall Street Zen upgraded CF Industries from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. BNP Paribas Exane upped their price target on CF Industries from $95.00 to $140.00 and gave the stock a “neutral” rating in a report on Wednesday, March 25th. Finally, Wells Fargo & Company upped their price target on CF Industries from $100.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, CF Industries currently has an average rating of “Hold” and an average price target of $119.00.

CF Industries Price Performance

CF stock opened at $113.72 on Friday. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year 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. The stock’s 50 day moving average price is $122.96 and its 200 day moving average price is $102.63. The firm has a market cap of $17.47 billion, a P/E ratio of 10.22 and a beta of 0.38.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $1.35. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the prior year, the company earned $1.85 EPS. CF Industries’s revenue was up 19.4% on a year-over-year basis. On average, sell-side analysts expect that CF Industries Holdings, Inc. will post 14.39 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently announced 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 of this dividend was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.8%. CF Industries’s dividend payout ratio is presently 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.