CF Industries Holdings, Inc. (CF) Shares Sold by Maple Capital Management Inc.

Maple Capital Management Inc. lessened its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,758 shares of the basic materials company’s stock after selling 5,158 shares during the quarter. CF Industries comprises 2.5% of Maple Capital Management Inc.’s investment portfolio, making the stock its 13th biggest holding. Maple Capital Management Inc. owned about 0.10% of CF Industries worth $9,605,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CF. Mackay Shields LLC grew its stake in CF Industries by 0.4% in the 4th quarter. Mackay Shields LLC now owns 505,610 shares of the basic materials company’s stock valued at $21,999,000 after buying an additional 1,935 shares in the last quarter. CoreCommodity Management LLC grew its stake in CF Industries by 96.7% in the 4th quarter. CoreCommodity Management LLC now owns 70,643 shares of the basic materials company’s stock valued at $3,074,000 after buying an additional 34,721 shares in the last quarter. QS Investors LLC grew its stake in CF Industries by 40.4% in the 4th quarter. QS Investors LLC now owns 12,154 shares of the basic materials company’s stock valued at $529,000 after buying an additional 3,500 shares in the last quarter. MUFG Securities EMEA plc grew its stake in CF Industries by 1,006.0% in the 4th quarter. MUFG Securities EMEA plc now owns 70,000 shares of the basic materials company’s stock valued at $3,046,000 after buying an additional 63,671 shares in the last quarter. Finally, LMR Partners LLP purchased a new position in CF Industries in the 4th quarter valued at approximately $1,618,000. 91.71% of the stock is currently owned by institutional investors.

Shares of NYSE:CF opened at $43.05 on Friday. CF Industries Holdings, Inc. has a one year low of $35.70 and a one year high of $56.51. The company has a quick ratio of 1.37, a current ratio of 1.81 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $9.58 billion, a price-to-earnings ratio of 34.72, a PEG ratio of 3.20 and a beta of 0.72.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, February 13th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.30). CF Industries had a return on equity of 4.66% and a net margin of 6.55%. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the firm posted ($0.02) earnings per share. The business’s revenue was up 3.0% on a year-over-year basis. On average, equities analysts expect that CF Industries Holdings, Inc. will post 2.17 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Stockholders of record on Friday, February 15th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Thursday, February 14th. CF Industries’s dividend payout ratio is currently 96.77%.

A number of research analysts recently weighed in on the stock. ValuEngine lowered shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, March 5th. Citigroup cut their price target on shares of CF Industries from $51.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, February 19th. Zacks Investment Research downgraded shares of CF Industries from a “buy” rating to a “hold” rating in a report on Monday, December 31st. BMO Capital Markets reissued a “buy” rating and issued a $55.00 price target on shares of CF Industries in a report on Tuesday, January 8th. Finally, Royal Bank of Canada cut their price target on shares of CF Industries from $50.00 to $45.00 and set a “sector perform” rating for the company in a report on Thursday, January 10th. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $51.25.

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CF Industries Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

Further Reading: Return on Equity (ROE)

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Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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