CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by Duality Advisers LP

Duality Advisers LP grew its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 189.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,713 shares of the basic materials company’s stock after acquiring an additional 15,517 shares during the period. Duality Advisers LP’s holdings in CF Industries were worth $1,885,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of CF. Boston Partners acquired a new position in CF Industries in the third quarter worth about $160,475,000. Bank of New York Mellon Corp grew its stake in CF Industries by 34.2% in the third quarter. Bank of New York Mellon Corp now owns 5,213,654 shares of the basic materials company’s stock worth $447,019,000 after purchasing an additional 1,329,677 shares in the last quarter. Van ECK Associates Corp grew its stake in CF Industries by 98.4% in the third quarter. Van ECK Associates Corp now owns 891,216 shares of the basic materials company’s stock worth $76,413,000 after purchasing an additional 441,995 shares in the last quarter. Federated Hermes Inc. grew its stake in CF Industries by 146.6% in the third quarter. Federated Hermes Inc. now owns 502,369 shares of the basic materials company’s stock worth $43,073,000 after purchasing an additional 298,673 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in CF Industries by 87.3% in the third quarter. The Manufacturers Life Insurance Company now owns 454,631 shares of the basic materials company’s stock worth $38,980,000 after purchasing an additional 211,913 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

Shares of NYSE:CF opened at $78.79 on Tuesday. CF Industries Holdings, Inc. has a 12 month low of $60.08 and a 12 month high of $87.90. The stock has a market cap of $14.79 billion, a price-to-earnings ratio of 10.05, a PEG ratio of 2.26 and a beta of 1.03. The stock’s 50 day moving average price is $81.43 and its 200 day moving average price is $79.69. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44.

CF Industries (NYSE:CF) last announced its earnings results on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.12). The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.51 billion. CF Industries had a return on equity of 18.44% and a net margin of 23.00%. CF Industries’s revenue for the quarter was down 39.8% on a year-over-year basis. During the same period in the previous year, the firm earned $4.35 EPS. Equities research analysts anticipate that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be given a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.00 annualized dividend and a yield of 2.54%. CF Industries’s dividend payout ratio (DPR) is 25.51%.

Insiders Place Their Bets

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the transaction, the executive vice president now owns 64,030 shares in the company, valued at $5,442,550. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.48% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Wells Fargo & Company decreased their price target on CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a research note on Friday, February 16th. Royal Bank of Canada reissued an “outperform” rating and issued a $95.00 target price on shares of CF Industries in a report on Friday, February 16th. Berenberg Bank raised their target price on shares of CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a report on Wednesday, April 17th. UBS Group cut shares of CF Industries from a “buy” rating to a “neutral” rating and cut their target price for the stock from $95.00 to $83.00 in a report on Wednesday, January 31st. Finally, Wolfe Research started coverage on shares of CF Industries in a report on Friday, March 1st. They issued an “outperform” rating and a $99.00 target price on the stock. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries currently has a consensus rating of “Hold” and an average price target of $86.47.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.