Jackson Creek Investment Advisors LLC Acquires Shares of 3,271 CF Industries Holdings, Inc. (NYSE:CF)

Jackson Creek Investment Advisors LLC acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,271 shares of the basic materials company’s stock, valued at approximately $279,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CF. Farther Finance Advisors LLC increased its stake in shares of CF Industries by 16.3% during the third quarter. Farther Finance Advisors LLC now owns 3,326 shares of the basic materials company’s stock worth $285,000 after acquiring an additional 467 shares during the period. Robeco Institutional Asset Management B.V. acquired a new position in shares of CF Industries during the third quarter worth about $1,153,000. QRG Capital Management Inc. increased its stake in shares of CF Industries by 8.5% during the third quarter. QRG Capital Management Inc. now owns 10,884 shares of the basic materials company’s stock worth $934,000 after acquiring an additional 855 shares during the period. Fiera Capital Corp acquired a new position in shares of CF Industries during the third quarter worth about $494,000. Finally, Verdence Capital Advisors LLC acquired a new position in shares of CF Industries during the third quarter worth about $260,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Up 0.9 %

Shares of NYSE CF opened at $77.28 on Friday. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The company has a market capitalization of $13.10 billion, a PE ratio of 11.42, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The firm’s 50-day moving average is $86.43 and its two-hundred day moving average is $85.45.

CF Industries (NYSE:CF) last announced its quarterly 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 for the quarter, compared to the consensus estimate of $1.50 billion. Equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s payout ratio is 29.54%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Barclays dropped their price target on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Oppenheimer lowered their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Bank of America upgraded shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price on the stock in a research report on Monday, February 24th. JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Finally, Scotiabank lowered 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 report on Monday, February 24th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $90.15.

Insider Activity at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 shares of the company’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 transaction of $844,455.00. Following the transaction, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the company’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 transaction of $142,500.00. Following the transaction, the executive vice president now directly owns 93,986 shares in the company, valued at $8,928,670. The trade was a 1.57 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,889 shares of company stock valued at $1,130,955. Company insiders own 0.42% of the company’s stock.

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.