QRG Capital Management Inc. Raises Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

QRG Capital Management Inc. boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 8.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,784 shares of the basic materials company’s stock after acquiring an additional 900 shares during the quarter. QRG Capital Management Inc.’s holdings in CF Industries were worth $1,005,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Heck Capital Advisors LLC purchased a new position in shares of CF Industries during the fourth quarter worth approximately $34,000. Brooklyn Investment Group bought a new position in CF Industries in the third quarter worth approximately $39,000. Asset Planning Inc purchased a new position in CF Industries during the 4th quarter worth $44,000. Arlington Trust Co LLC raised its position in CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 460 shares in the last quarter. Finally, Sierra Ocean LLC purchased a new stake in shares of CF Industries in the 4th quarter worth $49,000. Institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In other news, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares of the company’s stock, valued at $1,507,745. This represents a 35.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on CF shares. UBS Group cut their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Scotiabank cut their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research report on Monday, February 24th. Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price target for the company in a research report on Monday, February 24th. Oppenheimer cut their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Finally, Royal Bank of Canada dropped their target price on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and an average price target of $90.54.

CF Industries Stock Down 3.8 %

NYSE:CF opened at $77.92 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The company’s fifty day moving average price is $87.13 and its 200-day moving average price is $85.60. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The firm has a market capitalization of $13.21 billion, a P/E ratio of 11.51, a PEG ratio of 0.37 and a beta of 0.98.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.40. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. As a group, equities research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio is currently 29.54%.

CF Industries Profile

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.