Entropy Technologies LP Has $2.21 Million Stock Position in CF Industries Holdings, Inc. $CF

Entropy Technologies LP raised its position in CF Industries Holdings, Inc. (NYSE:CF) by 299.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,578 shares of the basic materials company’s stock after purchasing an additional 21,418 shares during the quarter. Entropy Technologies LP’s holdings in CF Industries were worth $2,210,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CF. Hantz Financial Services Inc. raised its position in CF Industries by 46.3% during the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 156 shares in the last quarter. Stance Capital LLC bought a new position in shares of CF Industries during the 3rd quarter valued at $42,000. Eagle Bay Advisors LLC acquired a new stake in shares of CF Industries in the 4th quarter valued at $43,000. WPG Advisers LLC boosted 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 in the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in CF Industries in the second quarter worth $44,000. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Performance

NYSE:CF opened at $106.95 on Tuesday. The firm’s 50-day moving average is $120.08 and its 200-day moving average is $104.04. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. The company has a market cap of $16.43 billion, a price-to-earnings ratio of 9.61 and a beta of 0.38.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, beating the consensus estimate of $2.63 by $1.35. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter last year, the company earned $1.85 earnings per share. The firm’s revenue was up 19.4% on a year-over-year basis. Equities research analysts anticipate that CF Industries Holdings, Inc. will post 15.84 earnings per share for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.9%. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Analysts Set New Price Targets

Several research firms have weighed in on CF. BMO Capital Markets raised their target price on CF Industries from $115.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, March 18th. Bank of America upped their price target on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. Mizuho raised their price objective on CF Industries from $100.00 to $105.00 and gave the company an “underperform” rating in a research note on Tuesday, March 31st. Freedom Capital raised CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Finally, Canadian Imperial Bank of Commerce increased their price target on CF Industries from $118.00 to $128.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $117.75.

CF Industries Company 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.