Adams Natural Resources Fund Inc. Has $2.51 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Adams Natural Resources Fund Inc. boosted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 119.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,369 shares of the basic materials company's stock after acquiring an additional 16,000 shares during the quarter. Adams Natural Resources Fund Inc.'s holdings in CF Industries were worth $2,506,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CF. Heck Capital Advisors LLC bought a new position in CF Industries in the fourth quarter valued at about $34,000. Brooklyn Investment Group acquired a new position in CF Industries during the 3rd quarter valued at about $39,000. Creative Financial Designs Inc. ADV boosted its stake in shares of CF Industries by 50.8% in the 4th 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 during the last quarter. Asset Planning Inc acquired a new stake in shares of CF Industries during the 4th quarter worth approximately $44,000. Finally, Arlington Trust Co LLC raised its stake in shares of CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock worth $49,000 after buying an additional 460 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company's stock.

CF Industries Stock Down 2.4 %

Shares of NYSE:CF traded down $1.84 during midday trading on Tuesday, reaching $74.99. 2,988,463 shares of the company were exchanged, compared to its average volume of 2,021,306. The firm has a market cap of $12.71 billion, a PE ratio of 11.08, a P/E/G ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The stock has a fifty day simple moving average of $83.66 and a two-hundred day simple moving average of $85.15. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

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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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.40. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. As a group, sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The company also recently announced 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 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's payout ratio is 29.54%.

Insiders Place Their Bets

In related news, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now owns 15,871 shares of the company's stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now directly owns 92,486 shares of the company's stock, valued at $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock valued at $1,130,955 in the last quarter. 0.48% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays lowered their target price on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating for the company in a report on Wednesday, March 5th. The Goldman Sachs Group began coverage on CF Industries in a report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price objective for the company. JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and reduced their target price for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Piper Sandler upped their price target on CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, January 27th. Finally, UBS Group reduced their price objective on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $89.86.

CF Industries Company 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.