United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 450.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 128,872 shares of the basic materials company’s stock after purchasing an additional 105,472 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in CF Industries were worth $9,967,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. grew its holdings in CF Industries by 46.3% in the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares during the last quarter. Peterson Wealth Services grew its holdings in CF Industries by 451.3% in the third quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 361 shares during the last quarter. Stance Capital LLC purchased a new position in CF Industries in the third quarter worth $42,000. Eagle Bay Advisors LLC purchased a new position in CF Industries in the fourth quarter worth $43,000. Finally, WPG Advisers LLC grew its holdings in CF Industries by 69.8% in the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 227 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other CF Industries 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 value of $187,035.00. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Michael Patrick Mcgrane sold 3,666 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $116.50, for a total transaction of $427,089.00. Following the completion of the sale, the senior vice president directly owned 19,161 shares in the company, valued at approximately $2,232,256.50. The trade was a 16.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 79,193 shares of company stock valued at $9,659,443 in the last 90 days. 0.51% of the stock is currently owned by insiders.
CF Industries Price Performance
CF Industries (NYSE:CF – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $1.35. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.85 earnings per share. On average, equities research analysts predict that CF Industries Holdings, Inc. will post 13.95 EPS for the current year.
CF Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 15th. CF Industries’s dividend payout ratio is presently 17.97%.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on CF shares. Wells Fargo & Company lifted their price target on shares of CF Industries from $100.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Berenberg Bank lifted their price target on shares of CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a report on Thursday. JPMorgan Chase & Co. lifted their price target on shares of CF Industries from $80.00 to $94.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Finally, Royal Bank Of Canada lifted their price target on shares of CF Industries from $100.00 to $125.00 and gave the stock a “sector perform” rating in a report on Tuesday, April 7th. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus price target of $117.69.
View Our Latest Analysis on CF
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.
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