CF Industries Holdings, Inc. (NYSE:CF) Stock Position Raised by Allianz Asset Management GmbH

Allianz Asset Management GmbH boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 30.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 827,407 shares of the basic materials company’s stock after acquiring an additional 193,487 shares during the period. Allianz Asset Management GmbH owned about 0.48% of CF Industries worth $70,594,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Heck Capital Advisors LLC acquired a new position in shares of CF Industries during the fourth quarter valued at $34,000. Brooklyn Investment Group bought a new stake in CF Industries in the 3rd quarter valued at about $39,000. Asset Planning Inc acquired a new position in CF Industries during the 4th quarter valued at about $44,000. Arlington Trust Co LLC grew its position in CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 460 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $49,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 2.9 %

Shares of NYSE:CF opened at $77.90 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The stock has a market capitalization of $13.56 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 0.39 and a beta of 0.98. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The company has a 50 day moving average price of $87.91 and a 200 day moving average price of $85.50.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.40. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a return on equity of 15.33% and a net margin of 20.52%. On average, research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.57%. CF Industries’s dividend payout ratio is currently 29.54%.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 3,500 shares of CF Industries stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total transaction of $325,010.00. Following the transaction, the executive vice president now owns 62,768 shares in the company, valued at approximately $5,828,636.48. The trade was a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,389 shares of company stock worth $1,455,965. Company insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CF. Royal Bank of Canada downgraded CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a research report on Tuesday, January 21st. Scotiabank reiterated a “sector underperform” rating and set a $88.00 price target on shares of CF Industries in a research report on Friday, January 24th. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Oppenheimer reduced their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Finally, Barclays lowered shares of CF Industries from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $96.00 to $100.00 in a research report on Tuesday, January 21st. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, CF Industries currently has an average rating of “Hold” and an average target price of $92.29.

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.