Cibc World Markets Corp Boosts Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Cibc World Markets Corp grew its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 284.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,564 shares of the basic materials company's stock after acquiring an additional 69,968 shares during the quarter. Cibc World Markets Corp owned about 0.05% of CF Industries worth $8,068,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Heck Capital Advisors LLC purchased a new stake in CF Industries in the fourth quarter worth approximately $34,000. Brooklyn Investment Group bought a new position in shares of CF Industries during the 3rd quarter valued at $39,000. Creative Financial Designs Inc. ADV boosted its stake 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 buying an additional 161 shares during the last quarter. Asset Planning Inc bought a new stake in shares of CF Industries in the fourth quarter worth $44,000. Finally, Arlington Trust Co LLC increased its position in CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after acquiring an additional 460 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Price Performance

CF stock traded down $0.04 during trading on Friday, reaching $76.88. The company's stock had a trading volume of 7,513,372 shares, compared to its average volume of 2,021,243. 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 company's fifty day moving average is $84.43 and its 200-day moving average is $85.11. The company has a market capitalization of $13.03 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

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CF Industries (NYSE:CF - Get Free Report) last released 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 during the quarter, compared to analysts' expectations of $1.50 billion. On average, research 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 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%.

Insider Transactions at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the business's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the sale, the executive vice president now directly owns 92,486 shares in the company, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now owns 15,871 shares of the company's stock, valued at $1,507,745. This represents a 35.90 % 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 valued at $1,130,955. 0.42% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

CF has been the topic of several research reports. JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and dropped their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Piper Sandler raised their price objective on shares of CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, January 27th. Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price for the company in a research report on Monday, February 24th. Barclays decreased their price target on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a research report on Wednesday, March 5th. Finally, Scotiabank dropped their price target on shares of CF Industries from $88.00 to $81.00 and set a "sector underperform" rating on the stock in a research note on Monday, February 24th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price 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.