Brooklyn FI LLC Acquires Shares of 5,056 CF Industries Holdings, Inc. (NYSE:CF)

Brooklyn FI LLC purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,056 shares of the basic materials company's stock, valued at approximately $437,000.

Other hedge funds also recently made changes to their positions in the company. FMR LLC lifted its holdings in CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company's stock worth $711,003,000 after purchasing an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of CF Industries by 4.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock worth $494,202,000 after acquiring an additional 225,109 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of CF Industries by 7.1% in the fourth quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock valued at $382,901,000 after acquiring an additional 299,173 shares in the last quarter. Boston Partners boosted its holdings in shares of CF Industries by 7.0% in the fourth quarter. Boston Partners now owns 3,316,616 shares of the basic materials company's stock valued at $283,044,000 after acquiring an additional 216,395 shares in the last quarter. Finally, AustralianSuper Pty Ltd increased its stake in shares of CF Industries by 8.6% during the fourth quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company's stock valued at $101,313,000 after acquiring an additional 93,560 shares during the period. Institutional investors own 93.06% of the company's stock.

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Insider Buying and Selling

In related news, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares in the company, valued at $1,507,745. This trade represents a 35.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the business's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $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 11,889 shares of company stock worth $1,130,955 in the last 90 days. 0.42% of the stock is owned by company insiders.

CF Industries Stock Performance

CF traded up $0.11 during trading on Monday, reaching $76.89. 1,894,227 shares of the company's stock were exchanged, compared to its average volume of 2,019,627. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The company has a market capitalization of $13.04 billion, a P/E ratio of 11.36, a PEG ratio of 0.37 and a beta of 0.99. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The business has a 50 day moving average price of $84.43 and a 200 day moving average price of $85.19.

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, beating analysts' consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. As a group, analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.60%. CF Industries's payout ratio is presently 29.54%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target for the company in a research note on Monday, February 24th. Piper Sandler lifted their target price on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, January 27th. Barclays cut their price target 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. UBS Group lowered 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. Finally, Scotiabank cut their target price on shares of CF Industries from $88.00 to $81.00 and set a "sector underperform" rating for the company in a research note on Monday, February 24th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus 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.