Parkside Investments LLC Acquires 1,410 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Parkside Investments LLC boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF – Get Rating) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,077 shares of the basic materials company’s stock after acquiring an additional 1,410 shares during the quarter. CF Industries accounts for about 1.5% of Parkside Investments LLC’s portfolio, making the stock its 25th largest position. Parkside Investments LLC’s holdings in CF Industries were worth $7,760,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Carolinas Wealth Consulting LLC lifted its position in shares of CF Industries by 48.3% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 341 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 111 shares during the period. Guardian Wealth Advisors LLC acquired a new position in shares of CF Industries in the 3rd quarter worth approximately $32,000. Mizuho Securities Co. Ltd. lifted its position in shares of CF Industries by 24.4% in the 3rd quarter. Mizuho Securities Co. Ltd. now owns 510 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 100 shares during the period. Kistler Tiffany Companies LLC acquired a new position in shares of CF Industries in the 3rd quarter worth approximately $38,000. Finally, Quadrant Capital Group LLC lifted its position in shares of CF Industries by 45.7% in the 2nd quarter. Quadrant Capital Group LLC now owns 459 shares of the basic materials company’s stock worth $39,000 after purchasing an additional 144 shares during the period. 92.94% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CF. StockNews.com began coverage on shares of CF Industries in a research report on Thursday. They set a “hold” rating on the stock. HSBC downgraded shares of CF Industries from a “buy” rating to a “hold” rating and dropped their target price for the company from $104.00 to $90.00 in a research report on Tuesday, February 21st. Barclays lowered their price objective on shares of CF Industries from $120.00 to $115.00 and set an “overweight” rating on the stock in a report on Friday, January 27th. Credit Suisse Group restated an “underperform” rating and set a $75.00 price objective on shares of CF Industries in a report on Thursday, February 16th. Finally, UBS Group lowered their price objective on shares of CF Industries from $104.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, February 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $104.80.

CF Industries Stock Performance

NYSE CF opened at $70.93 on Friday. CF Industries Holdings, Inc. has a 1 year low of $70.69 and a 1 year high of $119.60. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.69 and a quick ratio of 3.22. The firm has a market cap of $13.89 billion, a price-to-earnings ratio of 4.35, a PEG ratio of 1.22 and a beta of 1.05. The company has a fifty day moving average price of $83.81 and a 200-day moving average price of $94.63.

CF Industries (NYSE:CF – Get Rating) last posted its quarterly earnings results on Thursday, February 16th. The basic materials company reported $4.35 earnings per share for the quarter, beating the consensus estimate of $4.13 by $0.22. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.80 billion. CF Industries had a net margin of 29.91% and a return on equity of 48.59%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.71 earnings per share. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 9.95 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 28th. Investors of record on Wednesday, February 15th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, February 14th. This represents a $1.60 annualized dividend and a yield of 2.26%. CF Industries’s payout ratio is currently 9.80%.

CF Industries Profile

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CF Industries Holdings, Inc engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through following segments: Ammonia, Granular Urea, UAN, AN, and Other.