CF Industries Holdings, Inc. (NYSE:CF) Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S raised its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 679.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 139,359 shares of the basic materials company's stock after buying an additional 121,474 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.08% of CF Industries worth $11,890,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mizuho Bank Ltd. acquired a new position in shares of CF Industries in the 4th quarter valued at approximately $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 increased its position 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 worth $41,000 after purchasing an additional 161 shares during the last quarter. Asset Planning Inc bought a new position in shares of CF Industries during the fourth quarter worth about $44,000. Finally, Brooklyn Investment Group grew its stake in CF Industries by 26.9% in the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after purchasing an additional 122 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Up 1.1 %

Shares of CF stock opened at $74.90 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The stock has a market cap of $12.70 billion, a PE ratio of 11.06, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. The business's fifty day moving average is $76.71 and its 200-day moving average is $83.98. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. The company 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%. Equities analysts expect 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 declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. CF Industries's dividend payout ratio (DPR) is 29.54%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CF. JPMorgan Chase & Co. downgraded CF Industries from a "neutral" rating to an "underweight" rating and lowered their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Piper Sandler lifted 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. Royal Bank of Canada dropped their price objective on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price for the company in a report on Wednesday, April 9th. Finally, UBS Group reduced their price objective on CF Industries from $90.00 to $79.00 and set a "neutral" rating for the company in a research report on Wednesday. One analyst has rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock 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.

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