Eminence Capital LP Has $98.71 Million Stock Holdings in CF Industries Holdings, Inc. $CF

Eminence Capital LP trimmed its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,276,307 shares of the basic materials company’s stock after selling 63,362 shares during the period. Eminence Capital LP’s holdings in CF Industries were worth $98,710,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Hantz Financial Services Inc. lifted its stake in shares of 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 acquiring an additional 156 shares during the period. Stance Capital LLC acquired a new position in shares of CF Industries in the third quarter worth approximately $42,000. Eagle Bay Advisors LLC acquired a new position in shares of CF Industries in the fourth quarter worth approximately $43,000. WPG Advisers LLC lifted its stake in shares of 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 acquiring an additional 227 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in shares of CF Industries in the second quarter worth approximately $44,000. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Price Performance

Shares of CF opened at $105.70 on Thursday. 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 business’s 50 day moving average price is $119.09 and its two-hundred day moving average price is $104.43. The firm has a market cap of $16.24 billion, a PE ratio of 9.50 and a beta of 0.38.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $1.35. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the firm earned $1.85 earnings per share. The company’s revenue was up 19.4% compared to the same quarter last year. On average, equities analysts anticipate that CF Industries Holdings, Inc. will post 15.84 EPS for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.00 annualized dividend and a yield of 1.9%. CF Industries’s payout ratio is 17.97%.

Analyst Ratings Changes

A number of research firms have recently commented on CF. Royal Bank Of Canada upped their price objective on shares of CF Industries from $100.00 to $125.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 7th. Barclays increased their price objective on shares of CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Wells Fargo & Company increased their price objective on shares of CF Industries from $100.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Morgan Stanley increased their price objective on shares of CF Industries from $95.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Finally, BMO Capital Markets increased their price objective on shares of CF Industries from $115.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 18th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $117.75.

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.