Fmr LLC Purchases 543,876 Shares of CF Industries Holdings, Inc. (NYSE:CF)

FMR LLC raised its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,830,621 shares of the basic materials company's stock after purchasing an additional 543,876 shares during the period. FMR LLC owned 5.07% of CF Industries worth $753,429,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CF. Checchi Capital Advisers LLC raised its stake in shares of CF Industries by 4.3% in the fourth quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock worth $221,000 after purchasing an additional 108 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its position in CF Industries by 2.1% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company's stock worth $495,000 after buying an additional 120 shares during the last quarter. Brooklyn Investment Group raised its position in CF Industries by 26.9% in the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after buying an additional 122 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in CF Industries by 1.8% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock valued at $602,000 after acquiring an additional 126 shares during the period. Finally, Ballentine Partners LLC boosted its holdings in shares of CF Industries by 2.3% during the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company's stock valued at $482,000 after acquiring an additional 127 shares during the last quarter. Institutional investors own 93.06% of the company's stock.

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Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of CF Industries 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 completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the company'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 sale, the vice president now owns 15,871 shares in the company, 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. Over the last ninety days, insiders sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of research reports. JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and decreased their target price for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Piper Sandler upped their target price 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. Morgan Stanley dropped their price target on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Friday. Oppenheimer reduced their price target on CF Industries from $114.00 to $111.00 and set an "outperform" rating for the company in a research report on Tuesday, January 28th. Finally, The Goldman Sachs Group started coverage on CF Industries in a research report on Thursday, March 13th. They set a "neutral" rating and a $86.00 price objective on the stock. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $89.20.

CF Industries Price Performance

CF traded up $2.03 during trading on Friday, hitting $72.00. 3,063,291 shares of the company traded hands, compared to its average volume of 2,097,293. The company has a market cap of $12.21 billion, a PE ratio of 10.63, a P/E/G ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The stock's 50-day simple moving average is $77.92 and its two-hundred day simple moving average is $84.41.

CF Industries (NYSE:CF - Get Free Report) last issued 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 analysts' expectations of $1.50 billion. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.50 per share. 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 2.78%. CF Industries's dividend payout ratio is currently 29.54%.

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.