Hodges Capital Management Inc. Purchases 3,359 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Hodges Capital Management Inc. increased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 7.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,276 shares of the basic materials company’s stock after buying an additional 3,359 shares during the period. Hodges Capital Management Inc.’s holdings in CF Industries Holdings were worth $1,350,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CF. CENTRAL TRUST Co boosted its position in CF Industries Holdings by 0.7% in the first quarter. CENTRAL TRUST Co now owns 3,667 shares of the basic materials company’s stock valued at $107,000 after buying an additional 24 shares during the last quarter. First Mercantile Trust Co. boosted its position in CF Industries Holdings by 22.4% in the first quarter. First Mercantile Trust Co. now owns 3,691 shares of the basic materials company’s stock valued at $108,000 after buying an additional 676 shares during the last quarter. Pacer Advisors Inc. boosted its position in CF Industries Holdings by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock valued at $126,000 after buying an additional 137 shares during the last quarter. Financial Architects Inc boosted its position in CF Industries Holdings by 22.5% in the second quarter. Financial Architects Inc now owns 4,350 shares of the basic materials company’s stock valued at $122,000 after buying an additional 800 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in CF Industries Holdings by 34.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,512 shares of the basic materials company’s stock valued at $162,000 after buying an additional 1,415 shares during the last quarter.

Shares of CF Industries Holdings, Inc. (CF) traded down 0.45% during trading on Friday, hitting $29.03. 3,399,458 shares of the company were exchanged. The firm’s market capitalization is $6.77 billion. The firm’s 50-day moving average price is $29.80 and its 200 day moving average price is $29.45. CF Industries Holdings, Inc. has a 12 month low of $22.00 and a 12 month high of $37.17.

CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.18. CF Industries Holdings had a negative net margin of 9.98% and a negative return on equity of 0.40%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the company earned $0.33 EPS. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. On average, equities research analysts expect that CF Industries Holdings, Inc. will post ($0.70) earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Tuesday, August 15th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $1.20 dividend on an annualized basis and a yield of 4.13%. CF Industries Holdings’s dividend payout ratio is currently -75.47%.

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A number of brokerages have commented on CF. Royal Bank Of Canada reduced their target price on shares of CF Industries Holdings from $26.00 to $25.00 and set an “underperform” rating for the company in a report on Friday, May 5th. ValuEngine raised shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. UBS AG raised shares of CF Industries Holdings from a “neutral” rating to a “buy” rating and set a $33.00 target price for the company in a report on Friday, May 5th. Barclays PLC reduced their target price on shares of CF Industries Holdings from $31.00 to $29.00 and set an “equal weight” rating for the company in a report on Thursday, July 13th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating on shares of CF Industries Holdings in a report on Friday, August 4th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $32.58.

In related news, VP Bert A. Frost sold 6,400 shares of CF Industries Holdings stock in a transaction on Monday, August 7th. The shares were sold at an average price of $31.53, for a total value of $201,792.00. Following the sale, the vice president now owns 59,732 shares of the company’s stock, valued at approximately $1,883,349.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is currently owned by company insiders.

About CF Industries Holdings

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

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

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