Raiffeisen Bank International AG Increases Stock Holdings in CF Industries Holdings, Inc. $CF

Raiffeisen Bank International AG raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 54.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 167,124 shares of the basic materials company’s stock after acquiring an additional 58,605 shares during the period. Raiffeisen Bank International AG’s holdings in CF Industries were worth $12,925,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in CF. Hantz Financial Services Inc. boosted its holdings 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 valued at $38,000 after acquiring an additional 156 shares during the period. Stance Capital LLC acquired a new stake in shares of CF Industries in the third quarter valued at approximately $42,000. Eagle Bay Advisors LLC acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $43,000. WPG Advisers LLC boosted its holdings 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 valued at $43,000 after acquiring an additional 227 shares during the period. Finally, MUFG Securities EMEA plc acquired a new stake in shares of CF Industries in the second quarter valued at approximately $44,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Richard A. Hoker sold 3,499 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $125.38, for a total transaction of $438,704.62. Following the completion of the sale, the vice president directly owned 31,036 shares of the company’s stock, valued at $3,891,293.68. This trade represents a 10.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Erik M. Mayer sold 1,500 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $124.69, for a total value of $187,035.00. Following the sale, the vice president directly owned 6,341 shares of the company’s stock, valued at approximately $790,659.29. This represents a 19.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,999 shares of company stock valued at $1,381,740 over the last three months. 0.51% of the stock is currently owned by company insiders.

CF Industries Price Performance

Shares of NYSE CF opened at $106.48 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The stock has a fifty day moving average price of $120.91 and a 200 day moving average price of $103.61. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The company has a market cap of $16.36 billion, a PE ratio of 9.57 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 for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.84 billion. During the same period last year, the company earned $1.85 earnings per share. The company’s revenue for the quarter was up 19.4% on a year-over-year basis. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 15.84 EPS for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CF shares. Scotiabank increased their price objective on CF Industries from $115.00 to $120.00 and gave the company a “sector perform” rating in a report on Monday, May 11th. Wall Street Zen raised CF Industries from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Royal Bank Of Canada increased their price objective on CF Industries from $100.00 to $125.00 and gave the company a “sector perform” rating in a report on Tuesday, April 7th. Weiss Ratings raised CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Finally, JPMorgan Chase & Co. increased their price objective on CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $119.00.

About CF Industries

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.