99,848 Shares in CF Industries Holdings, Inc. (NYSE:CF) Bought by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 99,848 shares of the basic materials company's stock, valued at approximately $8,519,000. Generali Asset Management SPA SGR owned approximately 0.06% of CF Industries at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CF. Oppenheimer Asset Management Inc. raised its position in CF Industries by 14.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 6,924 shares of the basic materials company's stock valued at $594,000 after purchasing an additional 861 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of CF Industries by 6.0% during the 3rd quarter. CIBC Asset Management Inc now owns 31,203 shares of the basic materials company's stock worth $2,677,000 after buying an additional 1,769 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of CF Industries by 20.0% during the 3rd quarter. Natixis Advisors LLC now owns 266,866 shares of the basic materials company's stock worth $22,897,000 after buying an additional 44,393 shares in the last quarter. AMG National Trust Bank bought a new position in shares of CF Industries during the 3rd quarter worth approximately $887,000. Finally, Quest Partners LLC bought a new position in shares of CF Industries during the 3rd quarter worth approximately $410,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

Shares of CF stock traded down $0.04 during trading hours on Friday, reaching $76.88. The company had a trading volume of 7,513,372 shares, compared to its average volume of 2,021,243. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The company has a market capitalization of $13.03 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 0.37 and a beta of 0.99. The stock has a fifty day moving average of $84.43 and a 200-day moving average of $85.11. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

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CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.50 billion. On average, equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend payout ratio is presently 29.54%.

Analyst Ratings Changes

Several brokerages have weighed in on CF. Scotiabank dropped their price objective on CF Industries from $88.00 to $81.00 and set a "sector underperform" rating on the stock in a research note on Monday, February 24th. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price for the company in a report on Monday, February 24th. UBS Group dropped their price target on CF Industries from $92.00 to $90.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. JPMorgan Chase & Co. downgraded CF Industries from a "neutral" rating to an "underweight" rating and dropped their price target for the company from $82.00 to $75.00 in a research report on Friday, January 24th. Finally, Oppenheimer dropped their target price on CF Industries from $114.00 to $111.00 and set an "outperform" rating for the company in a research report on Tuesday, January 28th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $89.86.

Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the business's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $142,500.00. Following the transaction, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. The trade was a 1.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the sale, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,889 shares of company stock worth $1,130,955 over the last ninety days. Corporate insiders own 0.42% of the company's stock.

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.