Inceptionr LLC Makes New Investment in CF Industries Holdings, Inc. $CF

Inceptionr LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, HoldingsChannel.com reports. The firm bought 15,293 shares of the basic materials company’s stock, valued at approximately $1,183,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Illinois Municipal Retirement Fund boosted its holdings in CF Industries by 20.2% during the fourth quarter. Illinois Municipal Retirement Fund now owns 47,991 shares of the basic materials company’s stock worth $3,712,000 after buying an additional 8,063 shares during the last quarter. Metis Global Partners LLC boosted its holdings in CF Industries by 14.5% during the fourth quarter. Metis Global Partners LLC now owns 27,662 shares of the basic materials company’s stock worth $2,139,000 after buying an additional 3,501 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in CF Industries by 19.7% during the fourth quarter. Allianz Asset Management GmbH now owns 2,624,910 shares of the basic materials company’s stock worth $203,011,000 after buying an additional 431,868 shares during the last quarter. LPL Financial LLC boosted its holdings in CF Industries by 13.6% during the fourth quarter. LPL Financial LLC now owns 58,725 shares of the basic materials company’s stock worth $4,542,000 after buying an additional 7,044 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in CF Industries by 7.3% during the fourth quarter. Franklin Resources Inc. now owns 820,351 shares of the basic materials company’s stock worth $63,445,000 after buying an additional 55,752 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. BMO Capital Markets raised their target price on CF Industries from $115.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, March 18th. Wells Fargo & Company lifted their price objective on CF Industries from $100.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Scotiabank lifted their price objective on CF Industries from $115.00 to $120.00 and gave the company a “sector perform” rating in a report on Monday, May 11th. Royal Bank Of Canada lifted their price objective on CF Industries from $100.00 to $125.00 and gave the company a “sector perform” rating in a report on Tuesday, April 7th. Finally, UBS Group cut their price objective on CF Industries from $140.00 to $130.00 in a report on Friday, May 8th. Three 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 assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $119.00.

Insider Buying and Selling

In related news, VP Richard A. Hoker sold 3,499 shares of the business’s stock in a transaction that occurred 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 directly owned 31,036 shares of the company’s stock, valued at approximately $3,891,293.68. The trade was a 10.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Bert A. Frost sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $126.00, for a total value of $756,000.00. Following the transaction, the executive vice president directly owned 69,472 shares in the company, valued at $8,753,472. The trade was a 7.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 10,999 shares of company stock valued at $1,381,740. 0.51% of the stock is owned by insiders.

CF Industries Stock Up 0.5%

Shares of CF Industries stock opened at $109.13 on Thursday. The business’s 50 day simple moving average is $121.38 and its 200 day simple moving average is $103.42. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96. The firm has a market cap of $16.77 billion, a PE ratio of 9.80 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 (NYSE:CF) last posted its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, topping the consensus estimate of $2.63 by $1.35. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.85 EPS. On average, analysts predict that CF Industries Holdings, Inc. will post 15.84 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.8%. CF Industries’s payout ratio is presently 17.97%.

About CF Industries

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.