Swedbank AB Boosts Stock Holdings in CF Industries Holdings, Inc. $CF

Swedbank AB raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 12.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 309,509 shares of the basic materials company’s stock after buying an additional 34,064 shares during the period. Swedbank AB’s holdings in CF Industries were worth $23,937,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Catalyst Funds Management Pty Ltd increased its holdings in CF Industries by 29.0% in the fourth quarter. Catalyst Funds Management Pty Ltd now owns 4,000 shares of the basic materials company’s stock valued at $309,000 after buying an additional 900 shares in the last quarter. Coldstream Capital Management Inc. increased its holdings in CF Industries by 589.2% in the fourth quarter. Coldstream Capital Management Inc. now owns 17,863 shares of the basic materials company’s stock valued at $1,382,000 after buying an additional 15,271 shares in the last quarter. Jefferies Financial Group Inc. increased its holdings in CF Industries by 58.9% in the fourth quarter. Jefferies Financial Group Inc. now owns 4,277 shares of the basic materials company’s stock valued at $331,000 after buying an additional 1,585 shares in the last quarter. MQS Management LLC purchased a new position in CF Industries in the fourth quarter valued at about $510,000. Finally, Legato Capital Management LLC purchased a new position in CF Industries in the fourth quarter valued at about $581,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Michael Patrick Mcgrane sold 3,666 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $116.50, for a total transaction of $427,089.00. Following the sale, the senior vice president owned 19,161 shares in the company, valued at approximately $2,232,256.50. This trade represents a 16.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Erik M. Mayer sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $124.69, for a total transaction of $187,035.00. Following the sale, the vice president owned 6,341 shares in the company, valued at approximately $790,659.29. This trade represents a 19.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,408 shares of company stock valued at $9,971,298 in the last 90 days. Insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CF shares. Weiss Ratings raised shares of CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. BNP Paribas Exane increased their target price on shares of CF Industries from $95.00 to $140.00 and gave the company a “neutral” rating in a report on Wednesday, March 25th. Rothschild & Co Redburn set a $72.00 target price on shares of CF Industries in a report on Wednesday, February 4th. Bank of America increased their target price on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Finally, Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $118.47.

CF Industries Trading Up 0.1%

Shares of CF opened at $121.81 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The firm has a 50 day simple moving average of $124.72 and a 200-day simple moving average of $100.74. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The stock has a market cap of $18.71 billion, a price-to-earnings ratio of 10.94 and a beta of 0.42.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $1.35. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter last year, the business earned $1.85 earnings per share. CF Industries’s revenue was up 19.4% compared to the same quarter last year. Equities analysts forecast that CF Industries Holdings, Inc. will post 13.95 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. CF Industries’s dividend payout ratio (DPR) is 17.97%.

CF Industries 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.