Parallel Advisors LLC lifted its position in CF Industries Holdings, Inc. (NYSE:CF) by 218.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,221 shares of the basic materials company’s stock after buying an additional 838 shares during the quarter. Parallel Advisors LLC’s holdings in CF Industries were worth $50,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund lifted its holdings in CF Industries by 4,197.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,101,238 shares of the basic materials company’s stock valued at $25,000 after buying an additional 1,075,614 shares during the period. CSat Investment Advisory L.P. raised its holdings in shares of CF Industries by 81.3% during the fourth quarter. CSat Investment Advisory L.P. now owns 620 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 278 shares during the period. Ffcm LLC raised its holdings in shares of CF Industries by 49.4% during the fourth quarter. Ffcm LLC now owns 762 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 252 shares during the period. Quantamental Technologies LLC acquired a new position in shares of CF Industries during the fourth quarter valued at about $34,000. Finally, Lindbrook Capital LLC acquired a new position in shares of CF Industries during the fourth quarter valued at about $43,000. 96.01% of the stock is currently owned by institutional investors.
NYSE CF opened at $41.19 on Thursday. CF Industries Holdings, Inc. has a 1 year low of $38.90 and a 1 year high of $56.51. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.17 and a current ratio of 1.71. The company has a market capitalization of $9.02 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 3.42 and a beta of 0.75.
CF Industries (NYSE:CF) last posted its earnings results on Wednesday, May 1st. The basic materials company reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.01). CF Industries had a return on equity of 4.81% and a net margin of 7.09%. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the company earned $0.27 earnings per share. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 1.99 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio is presently 96.77%.
CF has been the topic of several research reports. Barclays reiterated a “neutral” rating on shares of CF Industries in a report on Friday, February 15th. ValuEngine lowered shares of CF Industries from a “buy” rating to a “hold” rating in a report on Friday, February 15th. Citigroup dropped their price target on shares of CF Industries from $51.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, February 19th. Cowen restated an “outperform” rating and set a $62.00 price target (down from $68.00) on shares of CF Industries in a research note on Wednesday, March 6th. Finally, Berenberg Bank set a $43.00 price target on shares of CF Industries and gave the company a “hold” rating in a research note on Tuesday, March 26th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $50.41.
In other CF Industries news, Director Stephen A. Furbacher sold 3,000 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $42.01, for a total value of $126,030.00. Following the sale, the director now directly owns 47,190 shares in the company, valued at approximately $1,982,451.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.00% of the company’s stock.
About CF Industries
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.
Featured Story: Risk Tolerance
Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF).