Foster & Motley Inc. Decreases Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Foster & Motley Inc. lessened its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 19.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,948 shares of the basic materials company’s stock after selling 1,697 shares during the quarter. Foster & Motley Inc.’s holdings in CF Industries were worth $552,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CF. Turtle Creek Wealth Advisors LLC bought a new stake in shares of CF Industries in the fourth quarter valued at about $29,000. ORG Partners LLC raised its holdings in shares of CF Industries by 428.6% in the 3rd quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 300 shares in the last quarter. Bruce G. Allen Investments LLC purchased a new stake in shares of CF Industries in the 4th quarter worth approximately $32,000. Meeder Asset Management Inc. bought a new position in shares of CF Industries during the fourth quarter valued at approximately $36,000. Finally, Larson Financial Group LLC bought a new position in CF Industries in the third quarter worth approximately $50,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Berenberg Bank increased their target price on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Bank of America reiterated a “neutral” rating and issued a $88.00 target price (down previously from $96.00) on shares of CF Industries in a research note on Wednesday, April 10th. UBS Group downgraded shares of 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 report on Wednesday, January 31st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of CF Industries in a research report on Friday, February 16th. Finally, Barclays upgraded shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 target price for the company in a research note on Friday, January 12th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $86.47.

CF Industries Stock Performance

CF opened at $79.25 on Thursday. The firm has a 50 day moving average of $81.46 and a two-hundred day moving average of $79.67. The firm has a market capitalization of $14.88 billion, a PE ratio of 10.11, a P/E/G ratio of 2.23 and a beta of 1.03. The company has a current ratio of 3.81, a quick ratio of 3.44 and a debt-to-equity ratio of 0.35. CF Industries Holdings, Inc. has a 12-month low of $60.08 and a 12-month high of $87.90.

CF Industries (NYSE:CF) last issued its earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.12). CF Industries had a return on equity of 18.44% and a net margin of 23.00%. The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period last year, the business earned $4.35 EPS. The company’s revenue for the quarter was down 39.8% on a year-over-year basis. On average, analysts anticipate that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio (DPR) is presently 25.51%.

Insider Activity

In other news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the sale, the executive vice president now owns 64,030 shares in the company, valued at $5,442,550. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.42% of the company’s stock.

CF Industries Company Profile

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.