Hussman Strategic Advisors Inc. Invests $812,000 in CF Industries Holdings, Inc. $CF

Hussman Strategic Advisors Inc. bought a new position in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, HoldingsChannel reports. The fund bought 10,500 shares of the basic materials company’s stock, valued at approximately $812,000.

Several other hedge funds also recently made changes to their positions in the company. Lakewood Asset Management LLC grew its position in shares of CF Industries by 0.9% in the 4th quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock worth $957,000 after acquiring an additional 111 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of CF Industries by 5.2% in the 4th quarter. Farther Finance Advisors LLC now owns 2,365 shares of the basic materials company’s stock worth $183,000 after acquiring an additional 116 shares in the last quarter. Kingsview Wealth Management LLC grew its position in shares of CF Industries by 4.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 2,898 shares of the basic materials company’s stock worth $260,000 after acquiring an additional 135 shares in the last quarter. Albert D Mason Inc. grew its position in shares of CF Industries by 5.3% in the 4th quarter. Albert D Mason Inc. now owns 2,720 shares of the basic materials company’s stock worth $210,000 after acquiring an additional 137 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in shares of CF Industries by 1.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 8,408 shares of the basic materials company’s stock worth $754,000 after acquiring an additional 142 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Up 0.2%

NYSE:CF opened at $122.90 on Monday. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96. The firm has a market capitalization of $18.88 billion, a P/E ratio of 13.66 and a beta of 0.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.37 and a quick ratio of 2.93. The business has a 50 day simple moving average of $119.68 and a 200 day simple moving average of $96.65.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.53 by $0.06. CF Industries had a return on equity of 19.84% and a net margin of 20.54%.The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.78 billion. During the same quarter in the previous year, the firm posted $1.89 EPS. The business’s revenue for the quarter was up 22.8% compared to the same quarter last year. Equities research analysts predict that CF Industries Holdings, Inc. will post 12.41 EPS for the current year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.00 annualized dividend and a yield of 1.6%. CF Industries’s payout ratio is presently 22.22%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on CF shares. Wall Street Zen upgraded CF Industries from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Zacks Research upgraded CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. BMO Capital Markets boosted their price objective on CF Industries from $115.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, March 18th. BNP Paribas Exane boosted their price objective on CF Industries from $95.00 to $140.00 and gave the company a “neutral” rating in a research report on Wednesday, March 25th. Finally, Weiss Ratings upgraded CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $118.53.

Insider Activity

In other CF Industries news, EVP Susan L. Menzel sold 18,041 shares of CF Industries stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $136.06, for a total transaction of $2,454,658.46. Following the sale, the executive vice president owned 55,762 shares of the company’s stock, valued at $7,586,977.72. The trade was a 24.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $126.00, for a total value of $756,000.00. Following the sale, the executive vice president directly owned 69,472 shares in the company, valued at $8,753,472. The trade was a 7.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,408 shares of company stock worth $9,971,298 over the last ninety days. 0.51% of the stock is currently owned by company insiders.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.