Stevens Capital Management LP Purchases Shares of 4,874 CF Industries Holdings, Inc. (NYSE:CF)

Stevens Capital Management LP acquired a new position in CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,874 shares of the basic materials company’s stock, valued at approximately $387,000.

Other institutional investors also recently made changes to their positions in the company. Boston Partners purchased a new stake in CF Industries during the third quarter valued at about $160,475,000. Bank of New York Mellon Corp boosted its holdings in CF Industries by 34.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,213,654 shares of the basic materials company’s stock valued at $447,019,000 after acquiring an additional 1,329,677 shares during the period. Van ECK Associates Corp grew its position in CF Industries by 98.4% during the 3rd quarter. Van ECK Associates Corp now owns 891,216 shares of the basic materials company’s stock worth $76,413,000 after acquiring an additional 441,995 shares during the last quarter. Federated Hermes Inc. increased its stake in CF Industries by 146.6% in the 3rd 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 during the period. Finally, The Manufacturers Life Insurance Company lifted its position 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 valued at $38,980,000 after purchasing an additional 211,913 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 0.1 %

Shares of CF stock traded up $0.04 during mid-day trading on Friday, hitting $80.01. The company’s stock had a trading volume of 1,380,427 shares, compared to its average volume of 2,455,620. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.44 and a current ratio of 3.81. CF Industries Holdings, Inc. has a 52-week low of $60.08 and a 52-week high of $87.90. The stock has a market cap of $15.02 billion, a price-to-earnings ratio of 10.20, a PEG ratio of 2.25 and a beta of 1.03. The business has a 50-day moving average price of $81.49 and a 200 day moving average price of $79.67.

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

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.50%. CF Industries’s dividend payout ratio is currently 25.51%.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In related news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total transaction of $510,000.00. Following the transaction, the executive vice president now directly owns 64,030 shares in the company, valued at $5,442,550. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.42% of the company’s stock.

CF Industries Company 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.