Mediolanum International Funds Ltd Acquires 5,859 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Mediolanum International Funds Ltd lifted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,168 shares of the basic materials company’s stock after acquiring an additional 5,859 shares during the period. Mediolanum International Funds Ltd’s holdings in CF Industries were worth $7,139,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wolff Wiese Magana LLC bought a new position in CF Industries in the 3rd quarter worth about $28,000. Brooklyn Investment Group bought a new position in shares of CF Industries in the third quarter valued at approximately $39,000. Quent Capital LLC grew its stake in CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 284 shares in the last quarter. Catalyst Capital Advisors LLC increased its holdings in CF Industries by 262.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 478 shares during the period. Finally, Versant Capital Management Inc boosted its holdings in CF Industries by 6,690.0% in the 4th quarter. Versant Capital Management Inc now owns 679 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 669 shares during the period. 93.06% of the stock is currently owned by institutional investors.

CF Industries Price Performance

Shares of NYSE:CF opened at $92.24 on Friday. The company’s fifty day moving average is $89.40 and its 200 day moving average is $84.33. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. 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 cap of $16.05 billion, a PE ratio of 14.59, a PEG ratio of 0.74 and a beta of 0.98.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the business earned $0.85 earnings per share. The company’s quarterly revenue was up 7.6% on a year-over-year basis. Research analysts anticipate that CF Industries Holdings, Inc. will post 6.31 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.17%. CF Industries’s payout ratio is currently 31.65%.

Insider Activity

In other CF Industries news, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was 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 owns 62,768 shares in the company, valued at approximately $5,828,636.48. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,389 shares of company stock valued at $2,355,425. 0.42% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. UBS Group upped their price target on shares of CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a report on Tuesday. Mizuho raised their price target on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Barclays lowered CF Industries from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $96.00 to $100.00 in a report on Tuesday, January 21st. Redburn Atlantic started coverage on shares of CF Industries in a research note on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price on the stock. Finally, Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a research report on Wednesday, October 16th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $92.43.

About CF Industries

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.