CenterBook Partners LP Has $1.86 Million Holdings in CF Industries Holdings, Inc. $CF

CenterBook Partners LP lifted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 484.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,073 shares of the basic materials company’s stock after purchasing an additional 19,952 shares during the quarter. CenterBook Partners LP’s holdings in CF Industries were worth $1,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Victory Capital Management Inc. lifted its position in CF Industries by 10.6% in the 3rd quarter. Victory Capital Management Inc. now owns 5,013,846 shares of the basic materials company’s stock worth $449,742,000 after buying an additional 480,126 shares in the last quarter. Boston Partners grew its holdings in shares of CF Industries by 15.3% during the 3rd quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock valued at $321,852,000 after acquiring an additional 476,769 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of CF Industries by 1.9% in the third quarter. Ameriprise Financial Inc. now owns 3,351,194 shares of the basic materials company’s stock worth $300,602,000 after acquiring an additional 63,938 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of CF Industries by 22.2% during the third quarter. Dimensional Fund Advisors LP now owns 3,133,709 shares of the basic materials company’s stock worth $281,104,000 after acquiring an additional 568,710 shares in the last quarter. Finally, Northern Trust Corp boosted its position in CF Industries by 4.0% during the third quarter. Northern Trust Corp now owns 2,984,291 shares of the basic materials company’s stock valued at $267,691,000 after purchasing an additional 114,788 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Erik M. Mayer sold 1,500 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $124.69, for a total transaction of $187,035.00. Following the completion of the sale, the vice president directly owned 6,341 shares of the company’s stock, valued at approximately $790,659.29. This represents a 19.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Richard A. Hoker sold 3,499 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $125.38, for a total transaction of $438,704.62. Following the completion of the transaction, the vice president owned 31,036 shares in the company, valued at $3,891,293.68. The trade was a 10.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 35,290 shares of company stock valued at $4,690,711 over the last three months. Corporate insiders own 0.51% of the company’s stock.

CF Industries Price Performance

Shares of NYSE:CF opened at $108.43 on Wednesday. The stock has a market capitalization of $16.66 billion, a P/E ratio of 9.74 and a beta of 0.38. The business has a 50-day moving average of $121.95 and a two-hundred day moving average of $103.20. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $3.98 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $1.35. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the prior year, the firm posted $1.85 EPS. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. On average, equities research analysts predict that CF Industries Holdings, Inc. will post 14.39 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.8%. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Wall Street Analyst Weigh In

CF has been the topic of several research reports. Scotiabank upped their target price on CF Industries from $115.00 to $120.00 and gave the stock a “sector perform” rating in a research report on Monday, May 11th. Morgan Stanley lifted their price target on CF Industries from $95.00 to $135.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Freedom Capital raised CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. BMO Capital Markets raised their price objective on shares of CF Industries from $115.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, March 18th. Finally, Wall Street Zen upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus price target of $119.00.

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.