CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by MV Capital Management Inc.

MV Capital Management Inc. grew its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 58.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 672 shares of the basic materials company’s stock after buying an additional 248 shares during the quarter. MV Capital Management Inc.’s holdings in CF Industries were worth $57,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CF. Central Pacific Bank Trust Division bought a new position in CF Industries during the 4th quarter valued at $74,000. National Pension Service lifted its position in shares of CF Industries by 2,848.4% during the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock worth $24,776,000 after purchasing an additional 280,535 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in CF Industries in the fourth quarter worth about $51,000. Charles Schwab Investment Management Inc. raised its stake in CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock valued at $494,202,000 after buying an additional 225,109 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in CF Industries by 14.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company’s stock worth $14,543,000 after buying an additional 21,632 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Buying and Selling

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $142,500.00. Following the transaction, the executive vice president now owns 93,986 shares in the company, valued at approximately $8,928,670. The trade was a 1.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now owns 15,871 shares of the company’s stock, valued at $1,507,745. This trade represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,889 shares of company stock valued at $1,130,955 over the last quarter. Corporate insiders own 0.48% of the company’s stock.

CF Industries Stock Down 0.8 %

Shares of CF Industries stock opened at $77.35 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The business’s fifty day moving average price is $82.49 and its two-hundred day moving average price is $85.03. The company has a market capitalization of $13.11 billion, a P/E ratio of 11.43, a PEG ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.40. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.59%. CF Industries’s dividend payout ratio is presently 29.54%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on CF shares. Barclays lowered their price target on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. Scotiabank lowered their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. The Goldman Sachs Group began coverage on shares of CF Industries in a research report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price target on the stock. UBS Group decreased their price target on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, February 20th. Finally, Oppenheimer dropped their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, CF Industries has an average rating of “Hold” and a consensus price target of $89.86.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.