Fideuram Intesa Sanpaolo Private Banking S.P.A. Takes Position in CF Industries Holdings, Inc. $CF

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 149,418 shares of the basic materials company’s stock, valued at approximately $11,556,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CF. Peterson Wealth Services grew its position in shares of CF Industries by 451.3% during the 3rd quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock valued at $40,000 after acquiring an additional 361 shares during the period. Root Financial Partners LLC bought a new position in shares of CF Industries during the 3rd quarter valued at approximately $41,000. Stance Capital LLC bought a new position in shares of CF Industries during the 3rd quarter valued at approximately $42,000. Eagle Bay Advisors LLC bought a new position in shares of CF Industries during the 4th quarter valued at approximately $43,000. Finally, WPG Advisers LLC grew its position in shares of CF Industries by 69.8% during the 4th 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. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 2.1%

Shares of NYSE:CF opened at $127.83 on Wednesday. The firm has a fifty day moving average price of $124.49 and a two-hundred day moving average price of $99.66. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The company has a market cap of $19.64 billion, a price-to-earnings ratio of 11.49 and a beta of 0.42.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 EPS for the quarter, beating the consensus estimate of $2.63 by $1.35. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. 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 firm earned $1.85 EPS. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. Analysts anticipate that CF Industries Holdings, Inc. will post 15.02 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. CF Industries’s dividend payout ratio (DPR) is presently 17.97%.

Analyst Ratings Changes

CF has been the subject of a number of research reports. Wells Fargo & Company increased their target price on shares of CF Industries from $100.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. BNP Paribas Exane raised their price objective on shares of CF Industries from $95.00 to $140.00 and gave the stock a “neutral” rating in a report on Wednesday, March 25th. Royal Bank Of Canada raised their price objective on shares of CF Industries from $100.00 to $125.00 and gave the stock a “sector perform” rating in a report on Tuesday, April 7th. Canadian Imperial Bank of Commerce raised their price objective on shares of CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Weiss Ratings raised shares of CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $118.47.

Insider Activity

In other CF Industries news, VP Richard A. Hoker sold 6,184 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $109.33, for a total value of $676,096.72. Following the completion of the transaction, the vice president directly owned 34,535 shares of the company’s stock, valued at $3,775,711.55. This trade represents a 15.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Bert A. Frost sold 10,000 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $119.01, for a total transaction of $1,190,100.00. Following the completion of the transaction, the executive vice president directly owned 87,256 shares of the company’s stock, valued at approximately $10,384,336.56. The trade was a 10.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 82,408 shares of company stock valued at $9,971,298 in the last quarter. 0.51% of the stock is currently owned by company insiders.

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.