CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Candriam S.C.A.

Candriam S.C.A. raised its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 61.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,505 shares of the basic materials company's stock after purchasing an additional 5,544 shares during the quarter. Candriam S.C.A.'s holdings in CF Industries were worth $1,238,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new stake in shares of CF Industries during the 4th quarter worth $34,000. Brooklyn Investment Group purchased a new stake in shares of CF Industries in the third quarter valued at $39,000. Asset Planning Inc purchased a new stake in shares of CF Industries in the fourth quarter valued at $44,000. Arlington Trust Co LLC lifted its holdings in shares of CF Industries by 422.0% in the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after purchasing an additional 460 shares in the last quarter. Finally, Sierra Ocean LLC purchased a new stake in shares of CF Industries in the fourth quarter valued at $49,000. 93.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

CF has been the subject of a number of research analyst reports. Piper Sandler increased their target price on CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, January 27th. Barclays cut their price objective on 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 assumed coverage on CF Industries in a report on Thursday. They set a "neutral" rating and a $86.00 price objective for the company. Oppenheimer cut their price objective on CF Industries from $114.00 to $111.00 and set an "outperform" rating for the company in a report on Tuesday, January 28th. Finally, Bank of America upgraded CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective for the company in a report on Monday, February 24th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $89.86.

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Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 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 $142,500.00. Following the completion of the sale, the executive vice president now directly owns 93,986 shares of the company's stock, valued at approximately $8,928,670. This represents a 1.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction that occurred on 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 transaction, the vice president now directly owns 15,871 shares of the company's stock, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,889 shares of company stock valued at $1,130,955 over the last 90 days. 0.42% of the stock is owned by corporate insiders.

CF Industries Stock Performance

Shares of CF stock traded down $0.93 during trading on Thursday, reaching $76.78. 2,556,997 shares of the company's stock traded hands, compared to its average volume of 2,070,620. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year 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 company has a market capitalization of $13.02 billion, a P/E ratio of 11.34, a PEG ratio of 0.37 and a beta of 0.99. The firm's 50-day moving average is $85.97 and its 200 day moving average is $85.39.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.40. The company had revenue of $1.52 billion during 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%. Equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

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. This represents a $2.00 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend payout ratio (DPR) is presently 29.54%.

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.