Tocqueville Asset Management L.P. Increases Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Tocqueville Asset Management L.P. lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 13.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,815 shares of the basic materials company’s stock after acquiring an additional 329 shares during the period. Tocqueville Asset Management L.P.’s holdings in CF Industries were worth $240,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Heck Capital Advisors LLC purchased a new stake in shares of CF Industries during the 4th quarter valued at about $34,000. Brooklyn Investment Group purchased a new stake in CF Industries during the 3rd quarter worth approximately $39,000. Creative Financial Designs Inc. ADV increased its holdings in CF Industries by 50.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 161 shares during the last quarter. Asset Planning Inc purchased a new stake in CF Industries during the 4th quarter worth approximately $44,000. Finally, Arlington Trust Co LLC increased its holdings 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 purchasing an additional 460 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now owns 15,871 shares of the company’s stock, valued at $1,507,745. This trade represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is owned by company insiders.

CF Industries Trading Down 0.5 %

NYSE:CF opened at $76.99 on Friday. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The firm has a market capitalization of $13.05 billion, a P/E ratio of 11.37, a P/E/G ratio of 0.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The business has a 50 day simple moving average of $84.67 and a 200 day simple moving average of $85.15.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.60%. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Wall Street Analyst Weigh In

Several research firms have issued reports on CF. Barclays dropped their price objective on CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 5th. Bank of America upgraded CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective on the stock in a report on Monday, February 24th. The Goldman Sachs Group initiated coverage on CF Industries in a report on Thursday, March 13th. They set a “neutral” rating and a $86.00 price objective on the stock. Royal Bank of Canada decreased 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, Scotiabank decreased their target price on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research report on Monday, February 24th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $89.86.

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.