Erste Asset Management GmbH Grows Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Erste Asset Management GmbH raised its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 124.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,450 shares of the basic materials company's stock after purchasing an additional 7,450 shares during the quarter. Erste Asset Management GmbH's holdings in CF Industries were worth $1,140,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of CF. Barclays PLC grew its holdings in shares of CF Industries by 68.9% in the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock valued at $63,263,000 after acquiring an additional 300,873 shares in the last quarter. FMR LLC grew its holdings in shares of CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company's stock valued at $711,003,000 after acquiring an additional 300,050 shares in the last quarter. Victory Capital Management Inc. grew 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. National Pension Service grew its holdings in shares of CF Industries by 2,848.4% in the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company's stock valued at $24,776,000 after acquiring an additional 280,535 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of CF Industries by 4.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock valued at $494,202,000 after acquiring an additional 225,109 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the firm's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the firm's stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. The trade was a 1.57 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,889 shares of company stock worth $1,130,955. Corporate insiders own 0.42% of the company's stock.

CF Industries Stock Performance

Shares of NYSE:CF traded up $1.03 during trading on Wednesday, hitting $77.43. 2,330,864 shares of the company were exchanged, compared to its average volume of 2,686,811. The company has a market cap of $13.13 billion, a PE ratio of 11.44, a P/E/G ratio of 0.37 and a beta of 0.99. The stock has a 50 day moving average of $85.06 and a 200 day moving average of $85.26. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

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 (EPS) for the quarter, topping 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 firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed 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 was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.58%. CF Industries's dividend payout ratio (DPR) is presently 29.54%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CF shares. Piper Sandler upped 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. Bank of America raised 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. JPMorgan Chase & Co. lowered CF Industries from a "neutral" rating to an "underweight" rating and reduced their price objective for the company from $82.00 to $75.00 in a report on Friday, January 24th. Scotiabank reduced their price objective on CF Industries from $88.00 to $81.00 and set a "sector underperform" rating for the company in a report on Monday, February 24th. Finally, Royal Bank of Canada reduced their price objective on CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $89.86.

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.