Adams Natural Resources Fund Inc. Lowers Position in CF Industries Holdings, Inc. $CF

Adams Natural Resources Fund Inc. lessened its stake in CF Industries Holdings, Inc. (NYSE:CF) by 9.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,569 shares of the basic materials company’s stock after selling 5,000 shares during the quarter. Adams Natural Resources Fund Inc.’s holdings in CF Industries were worth $3,602,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of CF. Hantz Financial Services Inc. lifted its holdings in shares of CF Industries by 46.3% in the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after buying an additional 156 shares in the last quarter. Stance Capital LLC bought a new position in CF Industries during the third quarter valued at $42,000. Eagle Bay Advisors LLC bought a new position in CF Industries during the fourth quarter valued at $43,000. WPG Advisers LLC lifted its position in CF Industries by 69.8% during the fourth 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 bought a new position in CF Industries during the second quarter valued at $44,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insiders Place Their Bets

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $126.00, for a total transaction of $756,000.00. Following the completion of the transaction, the executive vice president directly 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Richard A. Hoker sold 3,499 shares of CF Industries stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $125.38, for a total transaction of $438,704.62. Following the transaction, the vice president directly owned 31,036 shares of the company’s stock, valued at approximately $3,891,293.68. This trade represents a 10.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 10,999 shares of company stock valued at $1,381,740. 0.51% of the stock is owned by insiders.

CF Industries Trading Up 2.6%

NYSE CF opened at $109.36 on Friday. 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 Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The company’s 50-day moving average price is $120.54 and its 200-day moving average price is $103.65. The stock has a market cap of $16.80 billion, a PE ratio of 9.83 and a beta of 0.38.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $1.35. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the prior year, the business earned $1.85 EPS. The firm’s quarterly revenue was up 19.4% on a year-over-year basis. Equities research analysts forecast that CF Industries Holdings, Inc. will post 15.84 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a $0.50 dividend. This represents a $2.00 annualized dividend 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 presently 17.97%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CF. Zacks Research upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Morgan Stanley boosted their price objective on shares of CF Industries from $95.00 to $135.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Wall Street Zen upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Royal Bank Of Canada boosted their price objective on shares of CF Industries from $100.00 to $125.00 and gave the company a “sector perform” rating in a research report on Tuesday, April 7th. Finally, BNP Paribas Exane upped their price target on shares of CF Industries from $95.00 to $140.00 and gave the stock a “neutral” rating in a report on Wednesday, March 25th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and a consensus target price of $119.00.

CF Industries 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.