Donald L. Hagan LLC Has $1.01 Million Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Donald L. Hagan LLC lifted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 2.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 12,950 shares of the basic materials company’s stock after buying an additional 304 shares during the quarter. Donald L. Hagan LLC’s holdings in CF Industries were worth $1,012,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Savant Capital LLC increased its stake in shares of CF Industries by 20.3% in the fourth quarter. Savant Capital LLC now owns 5,447 shares of the basic materials company’s stock valued at $465,000 after buying an additional 921 shares in the last quarter. Van ECK Associates Corp increased its stake in shares of CF Industries by 3.3% in the fourth quarter. Van ECK Associates Corp now owns 310,936 shares of the basic materials company’s stock valued at $26,529,000 after buying an additional 10,048 shares in the last quarter. Asset Management One Co. Ltd. increased its stake in shares of CF Industries by 0.9% in the fourth quarter. Asset Management One Co. Ltd. now owns 69,410 shares of the basic materials company’s stock valued at $5,882,000 after buying an additional 647 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of CF Industries by 8.9% in the fourth quarter. Vontobel Holding Ltd. now owns 50,848 shares of the basic materials company’s stock valued at $4,338,000 after buying an additional 4,147 shares in the last quarter. Finally, Asset Planning Inc acquired a new stake in shares of CF Industries in the fourth quarter valued at $44,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CF shares. Wolfe Research lowered CF Industries from an “outperform” rating to a “peer perform” rating in a research note on Thursday. Wells Fargo & Company upped their price target on CF Industries from $96.00 to $98.00 and gave the company an “overweight” rating in a research note on Monday, May 12th. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price target on the stock in a research note on Monday, February 24th. BNP Paribas raised CF Industries to a “strong-buy” rating in a research note on Wednesday, April 9th. Finally, Morgan Stanley decreased their price objective on CF Industries from $85.00 to $80.00 and set an “equal weight” rating for the company in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $90.21.

CF Industries Stock Down 1.5%

Shares of CF opened at $93.82 on Friday. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25. The stock has a market capitalization of $15.91 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 0.37 and a beta of 0.97. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The stock has a fifty day moving average of $82.78 and a 200-day moving average of $84.03.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.38. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.53 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. CF Industries’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period last year, the company earned $1.03 EPS. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries announced that its board has approved a stock repurchase program on Wednesday, May 7th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the basic materials company to reacquire up to 14.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, May 15th. This represents a $2.00 annualized dividend and a yield of 2.13%. CF Industries’s dividend payout ratio is currently 26.35%.

CF Industries Profile

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.