NEOS Investment Management LLC Increases Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

NEOS Investment Management LLC increased its stake in CF Industries Holdings, Inc. (NYSE:CF) by 25.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,076 shares of the basic materials company’s stock after acquiring an additional 1,238 shares during the quarter. NEOS Investment Management LLC’s holdings in CF Industries were worth $518,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CF. Checchi Capital Advisers LLC raised its position in shares of CF Industries by 4.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company’s stock worth $221,000 after purchasing an additional 108 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its stake in CF Industries by 2.1% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company’s stock worth $495,000 after buying an additional 120 shares in the last quarter. Brooklyn Investment Group raised its holdings in shares of CF Industries by 26.9% during the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 122 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of CF Industries by 1.8% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company’s stock valued at $602,000 after acquiring an additional 126 shares in the last quarter. Finally, Ballentine Partners LLC raised its stake in CF Industries by 2.3% in the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock valued at $482,000 after purchasing an additional 127 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the 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 represents a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock valued at $1,130,955 in the last ninety days. Insiders own 0.42% of the company’s stock.

CF Industries Price Performance

CF stock opened at $77.35 on Monday. The business’s 50-day moving average is $82.49 and its two-hundred day moving average is $85.14. 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 has a market capitalization of $13.11 billion, a P/E ratio of 11.43, a P/E/G ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. Analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio is presently 29.54%.

Analyst Ratings Changes

CF has been the subject of a number of research reports. UBS Group dropped their target price on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, February 20th. The Goldman Sachs Group assumed coverage on CF Industries in a report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 target price for the company. Royal Bank of Canada reduced their price target on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Oppenheimer lowered their price objective on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Finally, Barclays dropped 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 research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $89.86.

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.