Wolverine Asset Management LLC bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, HoldingsChannel reports. The fund bought 10,000 shares of the basic materials company’s stock, valued at approximately $425,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CF. Tower Research Capital LLC TRC grew its position in CF Industries by 451.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock worth $134,000 after purchasing an additional 2,585 shares during the period. Delphi Private Advisors LLC acquired a new stake in CF Industries during the 4th quarter worth about $144,000. Stuart Chaussee & Associates Inc. acquired a new stake in CF Industries during the 4th quarter worth about $144,000. CoreCommodity Management LLC acquired a new stake in CF Industries during the 4th quarter worth about $153,000. Finally, First Allied Advisory Services Inc. acquired a new stake in CF Industries during the 4th quarter worth about $210,000.
Several equities research analysts have weighed in on the company. Sanford C. Bernstein assumed coverage on CF Industries in a research report on Wednesday, February 21st. They set an “outperform” rating on the stock. Zacks Investment Research raised CF Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, February 7th. TheStreet raised CF Industries from a “c+” rating to a “b-” rating in a research report on Friday, March 9th. Citigroup downgraded CF Industries from a “buy” rating to a “neutral” rating in a research report on Tuesday. Finally, Stephens set a $43.00 price target on CF Industries and gave the stock a “hold” rating in a research report on Thursday, February 22nd. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $38.14.
Shares of CF Industries Holdings, Inc. (NYSE:CF) opened at $40.31 on Thursday. CF Industries Holdings, Inc. has a 12-month low of $25.04 and a 12-month high of $45.00. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.05 and a current ratio of 2.53. The company has a market capitalization of $9,420.33, a PE ratio of 26.52, a PEG ratio of 5.40 and a beta of 1.01.
CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 14th. The basic materials company reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.06. CF Industries had a negative return on equity of 0.92% and a net margin of 8.67%. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $988.91 million. During the same period last year, the firm earned ($0.39) EPS. The company’s quarterly revenue was up 26.8% on a year-over-year basis. analysts predict that CF Industries Holdings, Inc. will post 0.93 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Friday, February 16th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend was Thursday, February 15th. CF Industries’s dividend payout ratio is presently 78.95%.
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CF Industries Company Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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