CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC raised its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 3.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,590 shares of the basic materials company’s stock after acquiring an additional 289 shares during the period. Fisher Asset Management LLC’s holdings in CF Industries were worth $733,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new stake in CF Industries in the 4th quarter valued at about $34,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries during the 3rd quarter worth approximately $39,000. Asset Planning Inc acquired a new stake in shares of CF Industries during the 4th quarter worth approximately $44,000. Arlington Trust Co LLC increased its holdings in shares of CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after buying an additional 460 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new stake in shares of CF Industries during the 4th quarter worth approximately $49,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity

In related news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the sale, the executive vice president now directly owns 93,986 shares in the company, valued at $8,928,670. This trade represents a 1.57 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction 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 $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is currently owned by corporate insiders.

CF Industries Stock Performance

Shares of CF stock opened at $76.65 on Friday. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. The stock has a market capitalization of $12.99 billion, a PE ratio of 11.32, a P/E/G ratio of 0.37 and a beta of 0.99. The firm has a 50 day moving average of $86.74 and a two-hundred day moving average of $85.50.

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

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.61%. CF Industries’s payout ratio is 29.54%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CF shares. Barclays cut their price target on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday. Oppenheimer lowered their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. UBS Group lowered their price objective on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. Royal Bank of Canada lowered their price objective on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Finally, Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective for the company in a research report on Monday, February 24th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $90.15.

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.