Tower Research Capital LLC TRC Has $1.08 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Tower Research Capital LLC TRC grew its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 97.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 12,688 shares of the basic materials company's stock after purchasing an additional 6,246 shares during the quarter. Tower Research Capital LLC TRC's holdings in CF Industries were worth $1,083,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC raised its position in shares of CF Industries by 6.6% during the fourth quarter. FMR LLC now owns 8,830,621 shares of the basic materials company's stock worth $753,429,000 after purchasing an additional 543,876 shares during the period. Charles Schwab Investment Management Inc. increased its stake in 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 purchasing an additional 225,109 shares in the last quarter. Victory Capital Management Inc. raised its holdings in CF Industries by 7.1% during the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock worth $382,901,000 after buying an additional 299,173 shares during the period. First Trust Advisors LP lifted its stake in CF Industries by 3.5% during the fourth quarter. First Trust Advisors LP now owns 4,425,518 shares of the basic materials company's stock valued at $377,585,000 after buying an additional 150,461 shares in the last quarter. Finally, 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 worth $283,044,000 after buying an additional 216,395 shares during the period. Institutional investors own 93.06% of the company's stock.

CF Industries Stock Up 1.5 %

Shares of CF Industries stock traded up $1.18 during midday trading on Monday, reaching $79.65. 1,749,789 shares of the company's stock traded hands, compared to its average volume of 2,101,219. The company has a market cap of $13.50 billion, a price-to-earnings ratio of 11.77, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25. The company's 50 day simple moving average is $76.15 and its 200 day simple moving average is $83.54. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping 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 return on equity of 15.50% and a net margin of 20.52%. Equities analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.51%. CF Industries's dividend payout ratio (DPR) is presently 29.54%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CF. Scotiabank upgraded shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price target for the company in a research report on Wednesday, April 9th. Barclays reduced their target price on CF Industries from $95.00 to $87.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. UBS Group lowered their price target on CF Industries from $90.00 to $79.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. Piper Sandler increased their price objective on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. Finally, Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a research note on Monday, February 24th. One analyst has rated the stock with a sell rating, ten have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently 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.