RPG Investment Advisory LLC Decreases Position in CF Industries Holdings, Inc. (NYSE:CF)

RPG Investment Advisory LLC lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 123,934 shares of the basic materials company’s stock after selling 892 shares during the quarter. CF Industries comprises approximately 1.4% of RPG Investment Advisory LLC’s investment portfolio, making the stock its 28th largest holding. RPG Investment Advisory LLC’s holdings in CF Industries were worth $10,574,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd purchased a new stake in shares of CF Industries during the 4th quarter worth $2,149,000. Howard Capital Management Inc. lifted its position in shares of CF Industries by 1.0% during the 4th quarter. Howard Capital Management Inc. now owns 50,684 shares of the basic materials company’s stock worth $4,324,000 after purchasing an additional 495 shares during the last quarter. Fisher Funds Management LTD purchased a new stake in shares of CF Industries during the 4th quarter worth $8,932,000. Winebrenner Capital Management LLC purchased a new stake in shares of CF Industries during the 4th quarter worth $2,560,000. Finally, Transcend Capital Advisors LLC lifted its position in shares of CF Industries by 4.3% during the 4th quarter. Transcend Capital Advisors LLC now owns 3,312 shares of the basic materials company’s stock worth $283,000 after purchasing an additional 137 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target on the stock. in a research note on Tuesday, January 21st. Barclays lowered shares of CF Industries from an “overweight” rating to an “equal weight” rating and lifted their price target for the stock from $96.00 to $100.00 in a research note on Tuesday, January 21st. UBS Group cut their price target on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, Scotiabank reiterated a “sector underperform” rating and set a $88.00 price target on shares of CF Industries in a research note on Friday, January 24th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $92.29.

Insider Buying and Selling

In related news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,389 shares of company stock worth $1,455,965 in the last ninety days. 0.42% of the stock is currently owned by corporate insiders.

CF Industries Price Performance

Shares of CF stock opened at $77.90 on Monday. The firm has a market cap of $13.56 billion, a P/E ratio of 11.51, a P/E/G ratio of 0.37 and a beta of 0.98. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The firm has a fifty day moving average of $87.91 and a two-hundred day moving average of $85.67.

CF Industries (NYSE:CF) last posted its quarterly earnings results 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. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.57%. CF Industries’s payout ratio is currently 29.54%.

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.