Elo Mutual Pension Insurance Co boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 30.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,230 shares of the basic materials company's stock after acquiring an additional 4,994 shares during the period. Elo Mutual Pension Insurance Co's holdings in CF Industries were worth $1,811,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in CF. Heck Capital Advisors LLC acquired a new stake in CF Industries during the 4th quarter worth approximately $34,000. Brooklyn Investment Group bought a new position in CF Industries during the 3rd quarter worth $39,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of CF Industries by 50.8% during the fourth 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 in the last quarter. Asset Planning Inc bought a new stake in shares of CF Industries in the fourth quarter valued at about $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 worth $49,000 after acquiring an additional 460 shares during the period. Institutional investors and hedge funds own 93.06% of the company's stock.
Insider Buying and Selling
In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the transaction, the executive vice president now owns 93,986 shares in the company, valued at approximately $8,928,670. The trade was a 1.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the sale, the vice president now directly owns 15,871 shares of the company's stock, valued at approximately $1,507,745. This trade represents 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 ninety days. 0.42% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Several brokerages have recently commented on CF. Scotiabank dropped their price target on shares of CF Industries from $88.00 to $81.00 and set a "sector underperform" rating for the company in a research report on Monday, February 24th. JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and dropped their price objective for the company from $82.00 to $75.00 in a report on Friday, January 24th. Barclays reduced their target price on CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 5th. Piper Sandler boosted their price target on CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, January 27th. Finally, Oppenheimer reduced their price objective on shares of CF Industries from $114.00 to $111.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 28th. Two research 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's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $89.86.
Get Our Latest Report on CF
CF Industries Trading Down 0.4 %
Shares of CF Industries stock traded down $0.29 on Thursday, hitting $79.54. The stock had a trading volume of 1,725,250 shares, compared to its average volume of 2,645,321. The firm has a market capitalization of $13.48 billion, a P/E ratio of 11.75, a PEG ratio of 0.37 and a beta of 0.99. The stock has a 50 day moving average of $81.55 and a 200 day moving average of $85.11. 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 Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25.
CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. Sell-side 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 announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.51%. CF Industries's payout ratio is presently 29.54%.
CF Industries Company Profile
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Free Report)
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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