Sierra Ocean LLC Takes $49,000 Position in CF Industries Holdings, Inc. (NYSE:CF)

Sierra Ocean LLC acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 579 shares of the basic materials company’s stock, valued at approximately $49,000.

Other hedge funds also recently modified their holdings of the company. Exchange Traded Concepts LLC bought a new position in CF Industries during the third quarter worth about $109,000. Bleakley Financial Group LLC bought a new position in CF Industries during the third quarter worth about $232,000. Blue Trust Inc. grew its holdings in CF Industries by 29.7% during the third quarter. Blue Trust Inc. now owns 8,472 shares of the basic materials company’s stock worth $727,000 after purchasing an additional 1,941 shares during the period. Raymond James & Associates grew its holdings in CF Industries by 7.6% during the third quarter. Raymond James & Associates now owns 143,050 shares of the basic materials company’s stock worth $12,274,000 after purchasing an additional 10,092 shares during the period. Finally, Resonant Capital Advisors LLC grew its holdings in CF Industries by 17.0% during the third quarter. Resonant Capital Advisors LLC now owns 4,394 shares of the basic materials company’s stock worth $377,000 after purchasing an additional 637 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 1.2 %

Shares of CF stock opened at $82.45 on Tuesday. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The stock has a market cap of $14.35 billion, a P/E ratio of 13.05, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98. The stock has a 50 day simple moving average of $88.57 and a 200 day simple moving average of $85.44. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is currently 31.65%.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the sale, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now owns 103,155 shares of the company’s stock, valued at $9,077,640. The trade was a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,389 shares of company stock worth $2,355,425 over the last three months. Insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CF shares. Barclays cut CF Industries from an “overweight” rating to an “equal weight” rating and lifted their price target for the stock from $96.00 to $100.00 in a report on Tuesday, January 21st. Scotiabank reiterated a “sector underperform” rating and set a $88.00 price target on shares of CF Industries in a report on Friday, January 24th. Royal Bank of Canada downgraded CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price on the stock. in a research report on Tuesday, January 21st. UBS Group upped their target price on CF Industries from $91.00 to $92.00 and gave the company a “neutral” rating in a research report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $82.00 to $75.00 in a research report on Friday, January 24th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, CF Industries has an average rating of “Hold” and an average price target of $92.43.

CF Industries 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.