Hodges Capital Management Inc. Sells 9,245 Shares of CF Industries Holdings, Inc. (CF)

Hodges Capital Management Inc. lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 27.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,926 shares of the basic materials company’s stock after selling 9,245 shares during the quarter. Hodges Capital Management Inc.’s holdings in CF Industries were worth $1,018,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Sentry Investment Management LLC lifted its position in shares of CF Industries by 1.0% during the 2nd quarter. Sentry Investment Management LLC now owns 16,879 shares of the basic materials company’s stock worth $472,000 after buying an additional 160 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its position in shares of CF Industries by 3.3% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 46,022 shares of the basic materials company’s stock worth $1,958,000 after buying an additional 1,485 shares during the last quarter. Hermes Investment Management Ltd. lifted its position in shares of CF Industries by 6.2% during the 4th quarter. Hermes Investment Management Ltd. now owns 25,675 shares of the basic materials company’s stock worth $1,092,000 after buying an additional 1,500 shares during the last quarter. APG Asset Management N.V. lifted its position in shares of CF Industries by 0.5% during the 4th quarter. APG Asset Management N.V. now owns 318,685 shares of the basic materials company’s stock worth $11,290,000 after buying an additional 1,500 shares during the last quarter. Finally, Maple Capital Management Inc. lifted its position in shares of CF Industries by 0.5% during the 3rd quarter. Maple Capital Management Inc. now owns 318,545 shares of the basic materials company’s stock worth $11,200,000 after buying an additional 1,675 shares during the last quarter.

Shares of CF Industries Holdings, Inc. (NYSE:CF) opened at $37.62 on Friday. CF Industries Holdings, Inc. has a 12-month low of $25.04 and a 12-month high of $43.98. The company has a market cap of $8,737.92, a price-to-earnings ratio of -20.56, a P/E/G ratio of 18.21 and a beta of 1.03. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.71 and a quick ratio of 1.51.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Friday, February 16th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.20 annualized dividend and a yield of 3.19%. CF Industries’s dividend payout ratio (DPR) is -65.57%.

CF has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of CF Industries from a “sell” rating to a “hold” rating in a research report on Friday, October 13th. Stephens initiated coverage on shares of CF Industries in a research report on Monday, December 4th. They set an “equal weight” rating and a $38.00 price objective for the company. Credit Suisse Group set a $40.00 price objective on shares of CF Industries and gave the stock a “hold” rating in a research report on Tuesday, January 16th. Royal Bank of Canada boosted their price objective on shares of CF Industries from $27.00 to $32.00 and gave the stock an “underperform” rating in a research report on Friday, November 3rd. Finally, Atlantic Securities downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating in a research report on Tuesday, November 14th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $35.74.

In other CF Industries news, VP Bert A. Frost sold 7,500 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $36.50, for a total value of $273,750.00. Following the transaction, the vice president now directly owns 67,232 shares of the company’s stock, valued at approximately $2,453,968. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen A. Furbacher sold 3,500 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $36.00, for a total transaction of $126,000.00. Following the completion of the transaction, the director now directly owns 50,854 shares in the company, valued at $1,830,744. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

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About CF Industries

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).

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

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