7,143 Shares in CF Industries Holdings, Inc. (NYSE:CF) Acquired by Jump Financial LLC

Jump Financial LLC bought 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 bought 7,143 shares of the basic materials company's stock, valued at approximately $609,000.

Several other hedge funds also recently modified their holdings of CF. Mizuho Bank Ltd. acquired a new stake in shares of CF Industries in the fourth quarter worth $26,000. Heck Capital Advisors LLC acquired a new position in CF Industries during the 4th quarter worth $34,000. Creative Financial Designs Inc. ADV boosted its holdings 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 acquiring an additional 161 shares during the period. Asset Planning Inc acquired a new stake in shares of CF Industries in the fourth quarter valued at about $44,000. Finally, Brooklyn Investment Group lifted its position in shares of CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after purchasing an additional 122 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CF shares. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a report on Monday, February 24th. BNP Paribas raised shares of CF Industries to a "strong-buy" rating in a research report on Wednesday, April 9th. Piper Sandler increased their price target on shares of CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, January 27th. JPMorgan Chase & Co. downgraded shares of CF Industries from a "neutral" rating to an "underweight" rating and dropped their price objective for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Finally, The Goldman Sachs Group assumed coverage on shares of CF Industries in a research note on Thursday, March 13th. They issued a "neutral" rating and a $86.00 target price for the company. One investment 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's stock. According to data from MarketBeat, CF Industries presently has an average rating of "Hold" and a consensus target price of $89.29.

CF Industries Price Performance

Shares of CF stock opened at $75.89 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The stock's fifty day simple moving average is $76.35 and its 200 day simple moving average is $83.73. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $98.25. The firm has a market cap of $12.87 billion, a price-to-earnings ratio of 11.21, a P/E/G ratio of 0.37 and a beta of 0.84.

CF Industries (NYSE:CF - Get Free Report) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.40. The business 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%. On average, analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.64%. The ex-dividend date was Friday, February 14th. CF Industries's payout ratio is 29.54%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.