Pinebridge Investments L.P. Has $5.28 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Pinebridge Investments L.P. decreased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 38.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,874 shares of the basic materials company's stock after selling 39,439 shares during the period. Pinebridge Investments L.P.'s holdings in CF Industries were worth $5,279,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Mizuho Bank Ltd. purchased a new stake in CF Industries in the 4th quarter worth about $26,000. Heck Capital Advisors LLC acquired a new stake in shares of CF Industries during the fourth quarter worth approximately $34,000. Creative Financial Designs Inc. ADV grew its position in CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after purchasing an additional 161 shares in the last quarter. Asset Planning Inc acquired a new position in CF Industries in the 4th quarter valued at approximately $44,000. Finally, Arlington Trust Co LLC boosted its stake in shares of CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after buying an additional 460 shares during the period. Institutional investors and hedge funds own 93.06% of the company's stock.

CF Industries Trading Up 0.2 %

Shares of CF stock traded up $0.12 on Tuesday, reaching $79.76. 1,306,331 shares of the stock were exchanged, compared to its average volume of 2,099,165. The stock has a 50 day moving average price of $76.06 and a 200 day moving average price of $83.48. The stock has a market cap of $13.52 billion, a PE ratio of 11.78, a P/E/G ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $98.25. 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 (NYSE:CF - Get Free Report) last issued its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.40. The company had revenue of $1.52 billion for 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%. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's payout ratio is presently 29.54%.

Analyst Ratings Changes

Several equities research analysts recently commented on CF shares. Royal Bank of Canada lowered their price target on CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. BNP Paribas upgraded shares of CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. 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 report on Friday, January 24th. Scotiabank upgraded CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price on the stock in a report on Wednesday, April 9th. Finally, The Goldman Sachs Group assumed 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. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $89.29.

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.