434,310 Shares in CF Industries Holdings, Inc. $CF Acquired by PFA Pension Forsikringsaktieselskab

PFA Pension Forsikringsaktieselskab purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, Holdings Channel reports. The firm purchased 434,310 shares of the basic materials company’s stock, valued at approximately $33,411,000.

Other large investors have also added to or reduced their stakes in the company. True Wealth Design LLC grew its position in CF Industries by 396.2% during the third quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock worth $35,000 after buying an additional 309 shares in the last quarter. Eastern Bank acquired a new stake in CF Industries during the third quarter worth approximately $35,000. Peterson Wealth Services grew its position in CF Industries by 451.3% during the third quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock worth $40,000 after buying an additional 361 shares in the last quarter. Root Financial Partners LLC acquired a new stake in CF Industries during the third quarter worth approximately $41,000. Finally, Stance Capital LLC acquired a new stake in CF Industries during the third quarter worth approximately $42,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Mizuho raised their target price on CF Industries from $100.00 to $105.00 and gave the company an “underperform” rating in a report on Tuesday, March 31st. Weiss Ratings raised CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. UBS Group raised their target price on CF Industries from $97.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, March 26th. JPMorgan Chase & Co. raised their target price on CF Industries from $80.00 to $94.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Royal Bank Of Canada raised their target price on CF Industries from $100.00 to $125.00 and gave the company a “sector perform” rating in a report on Tuesday, April 7th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $118.53.

CF Industries Stock Up 0.2%

Shares of CF opened at $122.90 on Monday. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The stock has a market capitalization of $18.88 billion, a price-to-earnings ratio of 13.66 and a beta of 0.42. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.93 and a current ratio of 3.37. The stock has a fifty day moving average of $119.68 and a 200-day moving average of $96.65.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.53 by $0.06. CF Industries had a return on equity of 19.84% and a net margin of 20.54%.The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.78 billion. During the same period in the prior year, the company earned $1.89 EPS. CF Industries’s revenue was up 22.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 12.41 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, May 15th. CF Industries’s dividend payout ratio is presently 22.22%.

Insider Transactions at CF Industries

In other news, EVP Susan L. Menzel sold 18,041 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $136.06, for a total value of $2,454,658.46. Following the completion of the transaction, the executive vice president directly owned 55,762 shares in the company, valued at approximately $7,586,977.72. This represents a 24.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Bert A. Frost sold 10,000 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $119.01, for a total value of $1,190,100.00. Following the completion of the transaction, the executive vice president owned 87,256 shares of the company’s stock, valued at $10,384,336.56. The trade was a 10.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 82,408 shares of company stock valued at $9,971,298 over the last quarter. 0.51% of the stock is currently owned by insiders.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.