Talaria Asset Management Pty Ltd Raises Position in CF Industries Holdings, Inc. $CF

Talaria Asset Management Pty Ltd boosted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 77.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 584,000 shares of the basic materials company's stock after purchasing an additional 254,000 shares during the period. CF Industries comprises 15.2% of Talaria Asset Management Pty Ltd's portfolio, making the stock its 5th largest holding. Talaria Asset Management Pty Ltd owned about 0.34% of CF Industries worth $45,640,000 as of its most recent filing with the Securities & Exchange Commission.

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Other institutional investors have also added to or reduced their stakes in the company. Curat Global LLC purchased a new stake in shares of CF Industries in the first quarter worth $25,000. Zions Bancorporation National Association UT bought a new stake in shares of CF Industries in the 1st quarter worth about $27,000. Golden State Wealth Management LLC lifted its holdings in shares of CF Industries by 119.8% in the 1st quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock worth $30,000 after acquiring an additional 206 shares during the last quarter. TCTC Holdings LLC lifted its holdings in shares of CF Industries by 114.1% in the 1st quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company's stock worth $30,000 after acquiring an additional 202 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in CF Industries during the 4th quarter valued at about $34,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Down 0.4%

Shares of NYSE:CF opened at $86.1960 on Tuesday. The company has a market capitalization of $13.96 billion, a PE ratio of 11.25 and a beta of 0.94. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. The firm has a 50 day simple moving average of $91.87 and a 200-day simple moving average of $84.98.

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CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.35 by $0.02. The company had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $1.73 billion. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. CF Industries's revenue was up 20.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.30 EPS. On average, equities analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 15th. CF Industries's dividend payout ratio (DPR) is currently 26.11%.

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CF Industries announced that its Board of Directors has initiated a share repurchase program on Wednesday, May 7th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the basic materials company to buy up to 14.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

CF has been the topic of a number of research reports. Bank of America reissued an "underperform" rating and set a $82.00 target price (down previously from $93.00) on shares of CF Industries in a research report on Thursday, August 14th. Royal Bank Of Canada set a $100.00 price objective on shares of CF Industries and gave the company a "sector perform" rating in a research note on Monday, July 14th. Morgan Stanley set a $95.00 target price on shares of CF Industries and gave the company an "equal weight" rating in a research note on Thursday, June 26th. Wall Street Zen cut shares of CF Industries from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, BNP Paribas lowered shares of CF Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $95.00.

Read Our Latest Stock Report on CF

Insider Activity

In related news, EVP Susan L. Menzel sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $100.23, for a total value of $1,002,300.00. Following the sale, the executive vice president directly owned 87,923 shares of the company's stock, valued at approximately $8,812,522.29. This trade represents a 10.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.42% of the company's stock.

CF Industries Company 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.

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