Applied Finance Capital Management LLC Buys 11,383 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Applied Finance Capital Management LLC lifted its position in CF Industries Holdings, Inc. (NYSE:CFFree Report) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 160,574 shares of the basic materials company’s stock after purchasing an additional 11,383 shares during the period. Applied Finance Capital Management LLC owned 0.08% of CF Industries worth $12,766,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CF. Turtle Creek Wealth Advisors LLC purchased a new position in CF Industries during the fourth quarter valued at approximately $29,000. ORG Partners LLC lifted its stake in shares of CF Industries by 428.6% during the 3rd quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 300 shares during the last quarter. Bruce G. Allen Investments LLC bought a new stake in CF Industries during the fourth quarter valued at about $32,000. Meeder Asset Management Inc. bought a new position in CF Industries in the fourth quarter worth about $36,000. Finally, Larson Financial Group LLC purchased a new stake in shares of CF Industries during the third quarter valued at about $50,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 1.4 %

CF Industries stock traded down $1.10 during trading on Friday, reaching $76.22. 1,285,545 shares of the company were exchanged, compared to its average volume of 1,966,684. The stock’s 50 day simple moving average is $80.17 and its two-hundred day simple moving average is $78.85. The company has a market capitalization of $13.93 billion, a P/E ratio of 12.66, a PEG ratio of 2.46 and a beta of 1.02. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.94 and a quick ratio of 3.55. CF Industries Holdings, Inc. has a 52-week low of $60.08 and a 52-week high of $87.90.

CF Industries (NYSE:CFGet Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The firm’s quarterly revenue was down 26.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.85 EPS. On average, equities research analysts expect that CF Industries Holdings, Inc. will post 5.24 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.62%. CF Industries’s payout ratio is currently 33.22%.

Insider Activity at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total transaction of $510,000.00. Following the completion of the transaction, the executive vice president now directly owns 64,030 shares in the company, valued at approximately $5,442,550. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.42% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CF has been the subject of several recent analyst reports. Wolfe Research initiated coverage on CF Industries in a report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price target for the company. BMO Capital Markets dropped their target price on shares of CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, May 6th. Bank of America restated a “neutral” rating and set a $88.00 price target (down previously from $96.00) on shares of CF Industries in a research note on Wednesday, April 10th. Wells Fargo & Company dropped their price objective on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a report on Friday, February 16th. Finally, UBS Group lowered CF Industries from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $95.00 to $83.00 in a research note on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, CF Industries has an average rating of “Hold” and an average target price of $85.00.

Check Out Our Latest Stock Report on CF Industries

CF Industries Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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