Daiwa Securities Group Inc. Purchases 1,422 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Daiwa Securities Group Inc. increased its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,982 shares of the basic materials company’s stock after buying an additional 1,422 shares during the quarter. Daiwa Securities Group Inc.’s holdings in CF Industries were worth $1,589,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC lifted its position in shares of CF Industries by 15.5% in the third quarter. CWM LLC now owns 2,748 shares of the basic materials company’s stock worth $236,000 after purchasing an additional 368 shares in the last quarter. Arkadios Wealth Advisors lifted its position in CF Industries by 2.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 5,148 shares of the basic materials company’s stock worth $441,000 after buying an additional 126 shares in the last quarter. Everence Capital Management Inc. bought a new stake in CF Industries during the 3rd quarter worth about $534,000. Douglas Lane & Associates LLC acquired a new position in shares of CF Industries during the 3rd quarter worth about $283,000. Finally, B & T Capital Management DBA Alpha Capital Management bought a new position in shares of CF Industries in the 3rd quarter valued at about $3,945,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on CF shares. Wolfe Research began coverage on CF Industries in a research note on Friday, March 1st. They issued an “outperform” rating and a $99.00 price target for the company. Barclays upgraded shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price objective on the stock in a research note on Friday, January 12th. Berenberg Bank raised their target price on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. Royal Bank of Canada reissued an “outperform” rating and set a $95.00 price target on shares of CF Industries in a research report on Friday, February 16th. Finally, UBS Group cut CF Industries from a “buy” rating to a “neutral” rating and cut their price objective for the company from $95.00 to $83.00 in a research report on Wednesday, January 31st. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $86.47.

CF Industries Trading Down 0.9 %

Shares of CF Industries stock opened at $78.79 on Tuesday. CF Industries Holdings, Inc. has a 52-week low of $60.08 and a 52-week high of $87.90. The stock has a market cap of $14.79 billion, a PE ratio of 10.05, a PEG ratio of 2.26 and a beta of 1.03. The firm has a 50-day moving average of $81.43 and a 200-day moving average of $79.69. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.44 and a current ratio of 3.81.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the prior year, the firm earned $4.35 EPS. The business’s revenue for the quarter was down 39.8% on a year-over-year basis. As a group, sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.54%. CF Industries’s dividend payout ratio (DPR) is presently 25.51%.

Insider Buying and Selling at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the transaction, the executive vice president now owns 64,030 shares in the company, valued at $5,442,550. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.42% of the company’s stock.

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.