Nomura Asset Management Co. Ltd. raised its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,337 shares of the basic materials company’s stock after purchasing an additional 3,590 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in CF Industries were worth $1,503,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Tower Research Capital LLC TRC grew its stake in CF Industries by 451.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock valued at $134,000 after acquiring an additional 2,585 shares in the last quarter. Delphi Private Advisors LLC purchased a new position in CF Industries during the fourth quarter valued at approximately $144,000. Stuart Chaussee & Associates Inc. purchased a new position in CF Industries during the fourth quarter valued at approximately $144,000. First Allied Advisory Services Inc. purchased a new position in CF Industries during the fourth quarter valued at approximately $210,000. Finally, Steward Partners Investment Advisory LLC purchased a new position in CF Industries during the third quarter valued at approximately $183,000.
Several equities analysts recently commented on the stock. Citigroup cut shares of CF Industries from a “buy” rating to a “neutral” rating in a research note on Tuesday. TheStreet upgraded shares of CF Industries from a “c+” rating to a “b-” rating in a research report on Friday, March 9th. Bank of America lowered shares of CF Industries from a “buy” rating to an “underperform” rating and set a $40.00 target price for the company. in a research report on Thursday, March 8th. Cowen upgraded shares of CF Industries from a “market perform” rating to an “outperform” rating in a research report on Monday, March 5th. Finally, Zacks Investment Research upgraded shares of CF Industries from a “sell” rating to a “hold” rating and set a $48.00 target price for the company in a research report on Friday, February 23rd. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $38.14.
Shares of CF Industries Holdings, Inc. (NYSE:CF) opened at $38.33 on Friday. The firm has a market cap of $9,096.05, a P/E ratio of 25.22, a PEG ratio of 5.22 and a beta of 1.01. The company has a quick ratio of 2.05, a current ratio of 2.53 and a debt-to-equity ratio of 0.70. CF Industries Holdings, Inc. has a 1-year low of $25.04 and a 1-year high of $45.00.
CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 14th. The basic materials company reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.06. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $988.91 million. CF Industries had a net margin of 8.67% and a negative return on equity of 0.92%. The business’s quarterly revenue was up 26.8% on a year-over-year basis. During the same period in the previous year, the business posted ($0.39) EPS. research analysts predict that CF Industries Holdings, Inc. will post 0.93 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th were issued a $0.30 dividend. The ex-dividend date was Thursday, February 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.13%. CF Industries’s payout ratio is 78.95%.
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About CF Industries
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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