Total Wealth Planning & Management Inc. Acquires New Position in CF Industries Holdings, Inc. $CF

Total Wealth Planning & Management Inc. acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,556 shares of the basic materials company’s stock, valued at approximately $352,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Prudential PLC increased its stake in CF Industries by 88.6% in the fourth quarter. Prudential PLC now owns 112,304 shares of the basic materials company’s stock valued at $8,686,000 after acquiring an additional 52,770 shares during the last quarter. Vise Technologies Inc. grew its stake in shares of CF Industries by 26.2% during the fourth quarter. Vise Technologies Inc. now owns 5,355 shares of the basic materials company’s stock worth $414,000 after buying an additional 1,113 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in shares of CF Industries by 1.1% during the fourth quarter. Daiwa Securities Group Inc. now owns 25,809 shares of the basic materials company’s stock worth $1,996,000 after buying an additional 271 shares during the last quarter. TD Asset Management Inc grew its stake in shares of CF Industries by 6.5% during the fourth quarter. TD Asset Management Inc now owns 153,324 shares of the basic materials company’s stock worth $11,858,000 after buying an additional 9,320 shares during the last quarter. Finally, CIBC Asset Management Inc grew its stake in shares of CF Industries by 40.4% during the fourth quarter. CIBC Asset Management Inc now owns 40,721 shares of the basic materials company’s stock worth $3,149,000 after buying an additional 11,720 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CF shares. Canadian Imperial Bank of Commerce boosted their target price on shares of CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. BNP Paribas Exane boosted their target price on shares of CF Industries from $95.00 to $140.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 25th. JPMorgan Chase & Co. boosted their target price on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday. Bank of America boosted their target price on shares of CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. Finally, Zacks Research raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $119.00.

CF Industries Price Performance

Shares of NYSE:CF opened at $117.75 on Friday. The firm has a market cap of $18.09 billion, a PE ratio of 10.58 and a beta of 0.38. The firm’s fifty day moving average is $123.25 and its 200-day moving average is $102.55. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $1.35. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. CF Industries’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.85 earnings per share. Sell-side analysts predict that CF Industries Holdings, Inc. will post 15.12 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, May 15th. CF Industries’s payout ratio is 17.97%.

Insider Buying and Selling at CF Industries

In other news, EVP Bert A. Frost sold 6,250 shares of CF Industries stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $136.69, for a total transaction of $854,312.50. Following the transaction, the executive vice president owned 75,472 shares in the company, valued at approximately $10,316,267.68. The trade was a 7.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Richard A. Hoker sold 3,499 shares of CF Industries 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 in the company, valued at approximately $3,891,293.68. This trade represents a 10.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 40,824 shares of company stock worth $5,333,817 in the last three months. 0.51% of the stock is currently owned by company insiders.

CF Industries Company 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.