Anson Funds Management LP acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the basic materials company’s stock, valued at approximately $725,000.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in CF Industries by 0.4% during the first quarter. Vanguard Group Inc. now owns 25,747,358 shares of the basic materials company’s stock worth $2,653,523,000 after purchasing an additional 94,482 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of CF Industries by 7.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 13,079,130 shares of the basic materials company’s stock worth $948,108,000 after acquiring an additional 934,946 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of CF Industries by 2.6% in the first quarter. Geode Capital Management LLC now owns 4,662,248 shares of the basic materials company’s stock worth $340,437,000 after acquiring an additional 117,827 shares during the last quarter. Morgan Stanley lifted its holdings in shares of CF Industries by 101.0% in the fourth quarter. Morgan Stanley now owns 4,014,385 shares of the basic materials company’s stock worth $342,026,000 after acquiring an additional 2,017,325 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of CF Industries by 35.8% in the first quarter. Bank of New York Mellon Corp now owns 3,776,846 shares of the basic materials company’s stock worth $273,784,000 after acquiring an additional 995,975 shares during the last quarter. Institutional investors own 90.63% of the company’s stock.
Insider Transactions at CF Industries
In other news, EVP Douglas C. Barnard sold 9,700 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $80.37, for a total transaction of $779,589.00. Following the completion of the sale, the executive vice president now owns 15,089 shares of the company’s stock, valued at approximately $1,212,702.93. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.42% of the company’s stock.
CF Industries Stock Performance
NYSE:CF opened at $81.68 on Wednesday. The company has a market capitalization of $15.76 billion, a PE ratio of 6.76, a P/E/G ratio of 1.69 and a beta of 1.04. The company has a 50 day simple moving average of $77.95 and a two-hundred day simple moving average of $73.88. The company has a debt-to-equity ratio of 0.35, a quick ratio of 6.03 and a current ratio of 6.55. CF Industries Holdings, Inc. has a fifty-two week low of $60.08 and a fifty-two week high of $112.44.
CF Industries (NYSE:CF – Get Free Report) last announced its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $2.70 EPS for the quarter, topping the consensus estimate of $2.15 by $0.55. The company had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.85 billion. CF Industries had a net margin of 27.36% and a return on equity of 31.18%. Research analysts anticipate that CF Industries Holdings, Inc. will post 7.99 earnings per share for the current year.
CF Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend was Monday, August 14th. CF Industries’s dividend payout ratio (DPR) is 13.25%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the stock. HSBC dropped their target price on shares of CF Industries from $85.00 to $83.00 and set a “hold” rating for the company in a report on Wednesday, July 26th. Credit Suisse Group increased their target price on shares of CF Industries from $66.00 to $71.00 and gave the stock an “underperform” rating in a report on Thursday, August 3rd. JPMorgan Chase & Co. increased their target price on shares of CF Industries from $70.00 to $80.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. Wells Fargo & Company raised their price objective on shares of CF Industries from $95.00 to $98.00 and gave the company an “overweight” rating in a report on Monday, July 24th. Finally, StockNews.com assumed coverage on shares of CF Industries in a…
Read More: 10,000 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by Anson Funds