Proficio Capital Partners LLC Takes Position in CF Industries Holdings, Inc. (NYSE:CF)

Proficio Capital Partners LLC bought a new position in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 47,288 shares of the basic materials company’s stock, valued at approximately $4,035,000.

Several other institutional investors and hedge funds also recently bought and sold shares of CF. Heck Capital Advisors LLC purchased a new stake in CF Industries in the fourth quarter worth about $34,000. Brooklyn Investment Group bought a new position in shares of CF Industries during the 3rd quarter valued at approximately $39,000. Asset Planning Inc purchased a new stake in CF Industries in the 4th quarter worth approximately $44,000. Arlington Trust Co LLC raised its stake in CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after acquiring an additional 460 shares during the period. Finally, Sierra Ocean LLC purchased a new position in CF Industries during the fourth quarter valued at approximately $49,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the transaction, the executive vice president now directly owns 93,986 shares of the company’s stock, valued at approximately $8,928,670. The trade was a 1.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the sale, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,889 shares of company stock valued at $1,130,955 over the last ninety days. 0.42% of the stock is owned by insiders.

CF Industries Stock Up 1.5 %

NYSE CF opened at $77.76 on Tuesday. The stock has a 50 day moving average price of $85.31 and a 200-day moving average price of $85.31. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year 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 company has a market capitalization of $13.18 billion, a P/E ratio of 11.49, a P/E/G ratio of 0.37 and a beta of 0.99.

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 the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. As a group, equities analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

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

Analyst Ratings Changes

CF has been the subject of a number of analyst reports. Scotiabank reduced their price objective on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. Barclays cut their price target on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 5th. UBS Group lowered their price objective on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Royal Bank of Canada cut their target price on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Finally, The Goldman Sachs Group began coverage on CF Industries in a research note on Thursday, March 13th. They set a “neutral” rating and a $86.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries currently has an average rating of “Hold” and a consensus target price of $89.86.

About CF Industries

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.