Federated Investors Inc. PA increased its position in CF Industries (NYSE:CF) by 416.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 719,832 shares of the basic materials company’s stock after buying an additional 580,567 shares during the quarter. Federated Investors Inc. PA owned 0.31% of CF Industries worth $27,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. Advisors Preferred LLC bought a new stake in CF Industries in the 1st quarter worth approximately $103,000. Sandy Spring Bank purchased a new position in CF Industries in the 1st quarter worth approximately $118,000. Bronfman E.L. Rothschild L.P. increased its stake in CF Industries by 256.6% in the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 3,188 shares of the basic materials company’s stock worth $120,000 after purchasing an additional 2,294 shares during the period. NuWave Investment Management LLC purchased a new position in CF Industries in the 1st quarter worth approximately $133,000. Finally, Tower Research Capital LLC TRC increased its stake in CF Industries by 451.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock worth $134,000 after purchasing an additional 2,585 shares during the period. Institutional investors own 98.48% of the company’s stock.
CF has been the topic of a number of analyst reports. Zacks Investment Research cut CF Industries from a “buy” rating to a “hold” rating in a research note on Thursday, May 10th. Citigroup decreased their price target on CF Industries from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 10th. Scotiabank set a $35.00 price target on CF Industries and gave the stock a “hold” rating in a research note on Thursday, February 15th. Piper Jaffray Companies set a $44.00 price target on CF Industries and gave the stock a “hold” rating in a research note on Thursday, February 15th. Finally, Berenberg Bank initiated coverage on CF Industries in a research note on Thursday, March 29th. They issued a “hold” rating and a $38.00 price target on the stock. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $39.71.
In other news, VP Adam L. Hall sold 15,540 shares of the business’s stock in a transaction that occurred on Monday, May 14th. The stock was sold at an average price of $40.53, for a total transaction of $629,836.20. Following the transaction, the vice president now directly owns 39,566 shares of the company’s stock, valued at $1,603,609.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by insiders.
CF Industries opened at $41.26 on Thursday, according to MarketBeat. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.01 and a current ratio of 2.65. CF Industries has a 52-week low of $25.65 and a 52-week high of $45.00. The company has a market cap of $9.77 billion, a PE ratio of -165.04, a price-to-earnings-growth ratio of 7.54 and a beta of 1.10.
CF Industries (NYSE:CF) last posted its earnings results on Wednesday, May 2nd. The basic materials company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.10. CF Industries had a negative return on equity of 0.11% and a net margin of 10.96%. The firm had revenue of $957.00 million for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period in the previous year, the firm earned $0.05 earnings per share. The business’s revenue was down 7.7% compared to the same quarter last year. equities analysts anticipate that CF Industries will post 0.93 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 31st. Stockholders of record on Tuesday, May 15th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, May 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.91%. CF Industries’s dividend payout ratio (DPR) is presently -480.00%.
About CF Industries
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.
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