CF Industries Holdings, Inc. (NYSE:CF) Shares Acquired by Bridgewater Associates LP

Bridgewater Associates LP boosted its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 499.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,194 shares of the basic materials company's stock after buying an additional 17,657 shares during the quarter. Bridgewater Associates LP's holdings in CF Industries were worth $1,808,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of CF. Checchi Capital Advisers LLC raised its holdings in shares of CF Industries by 4.3% in the fourth quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock valued at $221,000 after acquiring an additional 108 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of CF Industries by 2.1% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company's stock valued at $495,000 after acquiring an additional 120 shares in the last quarter. Brooklyn Investment Group raised its holdings in shares of CF Industries by 26.9% in the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock valued at $49,000 after acquiring an additional 122 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of CF Industries by 1.8% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock valued at $602,000 after acquiring an additional 126 shares in the last quarter. Finally, Ballentine Partners LLC raised its holdings in shares of CF Industries by 2.3% in the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company's stock valued at $482,000 after acquiring an additional 127 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Performance

Shares of CF Industries stock traded up $1.31 on Thursday, hitting $77.20. The stock had a trading volume of 531,487 shares, compared to its average volume of 2,091,302. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The stock has a market cap of $13.09 billion, a price-to-earnings ratio of 11.40, a P/E/G ratio of 0.37 and a beta of 0.84. The company's 50 day moving average price is $76.35 and its 200 day moving average price is $83.73.

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

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend payout ratio (DPR) is currently 29.54%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CF. Piper Sandler raised 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. Morgan Stanley lowered their target price on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a research note on Friday, April 11th. 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. UBS Group decreased their price target on shares of CF Industries from $90.00 to $79.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. Finally, Scotiabank raised shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective for the company in a report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, CF Industries has a consensus rating of "Hold" and a consensus price target of $89.29.

CF Industries 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.