CF Industries Holdings, Inc. $CF Shares Acquired by Inspire Investing LLC

Inspire Investing LLC boosted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 10.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 14,069 shares of the basic materials company’s stock after acquiring an additional 1,289 shares during the quarter. Inspire Investing LLC’s holdings in CF Industries were worth $1,099,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of CF. Pacer Advisors Inc. grew its stake in shares of CF Industries by 8,352.8% in the 1st quarter. Pacer Advisors Inc. now owns 1,451,338 shares of the basic materials company’s stock valued at $113,422,000 after purchasing an additional 1,434,168 shares during the last quarter. Bank of New York Mellon Corp boosted its position in CF Industries by 72.8% during the first quarter. Bank of New York Mellon Corp now owns 2,278,354 shares of the basic materials company’s stock worth $178,053,000 after purchasing an additional 959,901 shares in the last quarter. AQR Capital Management LLC boosted its position in CF Industries by 113.1% during the first quarter. AQR Capital Management LLC now owns 928,701 shares of the basic materials company’s stock worth $72,123,000 after purchasing an additional 492,846 shares in the last quarter. Ameriprise Financial Inc. boosted its position in CF Industries by 16.8% during the first quarter. Ameriprise Financial Inc. now owns 3,275,464 shares of the basic materials company’s stock worth $255,977,000 after purchasing an additional 470,746 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in CF Industries during the first quarter worth $34,179,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Susan L. Menzel sold 10,000 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $100.23, for a total value of $1,002,300.00. Following the completion of the sale, the executive vice president owned 87,923 shares in the company, valued at $8,812,522.29. This represents a 10.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.42% of the stock is owned by insiders.

CF Industries Stock Down 0.4%

CF opened at $85.78 on Friday. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84. The stock has a market cap of $13.89 billion, a P/E ratio of 11.20 and a beta of 0.95. The stock’s 50 day moving average price is $89.24 and its 200 day moving average price is $85.33.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.35 by $0.02. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.73 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period last year, the company posted $2.30 EPS. As a group, research analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were issued a $0.50 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.3%. CF Industries’s dividend payout ratio is presently 26.11%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen raised CF Industries from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Morgan Stanley set a $95.00 price target on CF Industries and gave the company an “equal weight” rating in a research report on Thursday, June 26th. Wolfe Research downgraded CF Industries from an “outperform” rating to a “peer perform” rating in a research report on Thursday, June 12th. Bank of America reaffirmed an “underperform” rating and issued a $82.00 target price (down previously from $93.00) on shares of CF Industries in a research report on Thursday, August 14th. Finally, UBS Group reduced their price target on CF Industries from $103.00 to $101.00 and set a “neutral” rating for the company in a report on Thursday, August 7th. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $95.00.

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.