Crestline Management LP Purchases Shares of 45,235 CF Industries Holdings, Inc. (NYSE:CF)

Crestline Management LP bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 45,235 shares of the basic materials company’s stock, valued at approximately $3,859,000.

Several other large investors have also made changes to their positions in CF. Norges Bank acquired a new position in CF Industries in the fourth quarter valued at about $131,350,000. Ameriprise Financial Inc. boosted its holdings in shares of CF Industries by 29.4% in the 4th quarter. Ameriprise Financial Inc. now owns 2,804,718 shares of the basic materials company’s stock worth $239,299,000 after acquiring an additional 637,784 shares in the last quarter. FMR LLC increased its holdings in CF Industries by 6.6% during the 4th quarter. FMR LLC now owns 8,830,621 shares of the basic materials company’s stock valued at $753,429,000 after purchasing an additional 543,876 shares in the last quarter. Powszechne Towarzystwo Emerytalne Allianz Polska S.A. acquired a new stake in CF Industries during the 4th quarter valued at $37,247,000. Finally, Skandinaviska Enskilda Banken AB publ raised its position in CF Industries by 459.4% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company’s stock valued at $36,583,000 after purchasing an additional 357,531 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 1.3 %

Shares of NYSE CF opened at $81.96 on Wednesday. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. 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 market cap of $13.90 billion, a P/E ratio of 12.11, a P/E/G ratio of 0.37 and a beta of 0.94. The firm has a 50 day moving average price of $76.26 and a 200 day moving average price of $83.28.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Thursday, May 15th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Analysts Set New Price Targets

Several research analysts recently issued reports on CF shares. Barclays reduced their price target on shares of CF Industries from $95.00 to $87.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Bank of America upgraded shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective for the company in a research report on Monday, February 24th. BNP Paribas upgraded CF Industries to a “strong-buy” rating in a research report on Wednesday, April 9th. Finally, Oppenheimer downgraded CF Industries from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, CF Industries has an average rating of “Hold” and an average price target of $89.29.

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.