Guggenheim Capital LLC Reduces Position in CF Industries Holdings, Inc. (NYSE:CF)

Guggenheim Capital LLC trimmed its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 29.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,348 shares of the basic materials company's stock after selling 5,237 shares during the quarter. Guggenheim Capital LLC's holdings in CF Industries were worth $1,054,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC increased its position 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 during the period. Pine Valley Investments Ltd Liability Co increased its holdings in CF Industries by 8.7% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 28,364 shares of the basic materials company's stock valued at $2,434,000 after purchasing an additional 2,270 shares during the period. Wilmington Savings Fund Society FSB bought a new position in CF Industries during the 3rd quarter valued at approximately $993,000. Tidal Investments LLC lifted its holdings in CF Industries by 94.7% in the 3rd quarter. Tidal Investments LLC now owns 40,616 shares of the basic materials company's stock worth $3,485,000 after buying an additional 19,760 shares during the period. Finally, Franklin Resources Inc. grew its position in shares of CF Industries by 13.4% in the 3rd quarter. Franklin Resources Inc. now owns 245,742 shares of the basic materials company's stock worth $21,380,000 after buying an additional 29,101 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on CF shares. Piper Sandler raised their price target on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. Oppenheimer lowered shares of CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday. The Goldman Sachs Group started coverage on shares of CF Industries in a research note on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price target for the company. Royal Bank of Canada cut their price objective on CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Finally, Barclays reduced their target price on CF Industries from $95.00 to $87.00 and set an "equal weight" rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, CF Industries has a consensus rating of "Hold" and a consensus target price of $89.29.

CF Industries Stock Performance

Shares of CF stock opened at $75.60 on Wednesday. The company has a market capitalization of $12.82 billion, a price-to-earnings ratio of 11.17, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. 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 one year low of $67.34 and a one year high of $98.25. The company's 50-day moving average is $76.48 and its 200 day moving average is $83.78.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's payout ratio is currently 29.54%.

About CF Industries

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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