Arizona State Retirement System Has $2.06 Million Holdings in CF Industries Holdings, Inc. (CF)

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Arizona State Retirement System decreased its position in CF Industries Holdings, Inc. (NYSE:CF) by 18.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,420 shares of the basic materials company’s stock after selling 10,446 shares during the period. Arizona State Retirement System’s holdings in CF Industries were worth $2,063,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of CF. Calamos Advisors LLC purchased a new position in CF Industries in the 3rd quarter valued at approximately $220,000. Legal & General Group Plc grew its stake in CF Industries by 0.4% in the 3rd quarter. Legal & General Group Plc now owns 1,040,925 shares of the basic materials company’s stock valued at $56,668,000 after buying an additional 4,221 shares in the last quarter. Deane Retirement Strategies Inc. boosted its holdings in CF Industries by 1.2% in the 4th quarter. Deane Retirement Strategies Inc. now owns 29,756 shares of the basic materials company’s stock valued at $1,295,000 after purchasing an additional 361 shares during the period. Contravisory Investment Management Inc. boosted its holdings in CF Industries by 4.7% in the 4th quarter. Contravisory Investment Management Inc. now owns 9,520 shares of the basic materials company’s stock valued at $414,000 after purchasing an additional 428 shares during the period. Finally, Meeder Asset Management Inc. boosted its holdings in CF Industries by 88.9% in the 4th quarter. Meeder Asset Management Inc. now owns 38,862 shares of the basic materials company’s stock valued at $1,693,000 after purchasing an additional 18,288 shares during the period. Hedge funds and other institutional investors own 94.48% of the company’s stock.

NYSE CF opened at $42.64 on Thursday. CF Industries Holdings, Inc. has a 52-week low of $35.70 and a 52-week high of $56.51. The company has a quick ratio of 1.69, a current ratio of 2.03 and a debt-to-equity ratio of 0.76. The firm has a market cap of $9.90 billion, a PE ratio of -170.56, a P/E/G ratio of 2.76 and a beta of 0.77.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, February 13th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.30). CF Industries had a return on equity of 3.69% and a net margin of 16.06%. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the firm posted ($0.02) earnings per share. The business’s revenue was up 3.0% on a year-over-year basis. On average, equities analysts expect that CF Industries Holdings, Inc. will post 1.5 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Friday, February 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date is Thursday, February 14th. CF Industries’s dividend payout ratio is currently -480.00%.

CF has been the subject of several analyst reports. Zacks Investment Research downgraded shares of CF Industries from a “buy” rating to a “hold” rating in a report on Friday, January 11th. Stephens raised shares of CF Industries from an “equal weight” rating to an “overweight” rating in a report on Wednesday, December 19th. ValuEngine downgraded shares of CF Industries from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 15th. Bank of America raised shares of CF Industries from an “underperform” rating to a “buy” rating and set a $55.00 price target for the company in a report on Wednesday, October 31st. Finally, Sanford C. Bernstein downgraded shares of CF Industries from an “outperform” rating to a “market perform” rating and set a $44.40 price target for the company. in a report on Monday, January 14th. Nine research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $50.57.

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CF Industries Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

Further Reading: Beta

Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF).

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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