Prudential PLC Raises Stock Holdings in CF Industries Holdings, Inc. $CF

Prudential PLC lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 88.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,304 shares of the basic materials company’s stock after purchasing an additional 52,770 shares during the quarter. Prudential PLC’s holdings in CF Industries were worth $8,686,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of CF Industries by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock worth $1,368,000 after purchasing an additional 518 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of CF Industries by 161.1% during the first quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock worth $928,000 after purchasing an additional 7,324 shares during the last quarter. Woodline Partners LP raised its stake in shares of CF Industries by 40.7% during the first quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock worth $1,149,000 after purchasing an additional 4,252 shares during the last quarter. Focus Partners Wealth raised its stake in shares of CF Industries by 21.8% during the first quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock worth $278,000 after purchasing an additional 638 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of CF Industries by 141.6% during the first quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after purchasing an additional 463 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 3.2%

NYSE:CF opened at $113.72 on Friday. The stock has a fifty day moving average price of $122.96 and a two-hundred day moving average price of $102.63. The stock has a market capitalization of $17.47 billion, a price-to-earnings ratio of 10.22 and a beta of 0.38. 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 1 year low of $75.42 and a 1 year high of $141.96.

CF Industries (NYSE:CF) last released its quarterly earnings data 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. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.84 billion. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.CF Industries’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.85 earnings per share. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 15.12 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 annualized dividend and a yield of 1.8%. CF Industries’s dividend payout ratio is presently 17.97%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CF shares. Wall Street Zen upgraded CF Industries from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Mizuho upped their price target on CF Industries from $100.00 to $105.00 and gave the stock an “underperform” rating in a research note on Tuesday, March 31st. Morgan Stanley upped their price target on CF Industries from $95.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Barclays upped their price target on CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Finally, Berenberg Bank upped their price target on CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $119.00.

Insiders Place Their Bets

In other CF Industries news, VP Erik M. Mayer sold 1,500 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $124.69, for a total value of $187,035.00. Following the completion of the transaction, the vice president owned 6,341 shares in the company, valued at approximately $790,659.29. This represents a 19.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 value of $438,704.62. Following the completion of the transaction, the vice president owned 31,036 shares of the company’s stock, valued at $3,891,293.68. The trade was a 10.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 40,824 shares of company stock worth $5,333,817. 0.51% of the stock is owned by 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.