Sprott Inc. Acquires 1,839 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Sprott Inc. increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,706 shares of the basic materials company’s stock after acquiring an additional 1,839 shares during the period. CF Industries makes up 1.0% of Sprott Inc.’s investment portfolio, making the stock its 27th largest holding. Sprott Inc.’s holdings in CF Industries were worth $16,783,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CF. FMR LLC grew its stake in shares of CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after acquiring an additional 300,050 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in CF Industries by 0.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock worth $477,668,000 after purchasing an additional 22,392 shares in the last quarter. Victory Capital Management Inc. grew its position in CF Industries by 15.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after purchasing an additional 549,569 shares during the last quarter. Thrivent Financial for Lutherans grew its position in CF Industries by 10.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock valued at $111,582,000 after purchasing an additional 120,193 shares during the last quarter. Finally, AustralianSuper Pty Ltd increased its stake in CF Industries by 8.6% during the 4th quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company’s stock valued at $101,313,000 after purchasing an additional 93,560 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CF shares. Scotiabank dropped their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research note on Monday. Oppenheimer cut their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Barclays lowered CF Industries from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $96.00 to $100.00 in a report on Tuesday, January 21st. JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Finally, Royal Bank of Canada reduced their price objective on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $91.14.

CF Industries Trading Up 1.2 %

CF Industries stock opened at $78.40 on Wednesday. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The company has a market cap of $13.29 billion, a P/E ratio of 11.58, a P/E/G ratio of 0.37 and a beta of 0.97. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The business has a 50-day simple moving average of $87.57 and a two-hundred day simple moving average of $85.64.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.50 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.55%. CF Industries’s dividend payout ratio (DPR) is 29.54%.

Insider Buying and Selling

In related news, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the sale, the executive vice president now directly owns 62,768 shares of the company’s stock, valued at approximately $5,828,636.48. This represents a 5.28 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now owns 15,871 shares in the company, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,389 shares of company stock valued at $1,455,965. 0.48% of the stock is owned by company insiders.

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.