12,400 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. acquired a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,400 shares of the basic materials company's stock, valued at approximately $1,058,000.

Other institutional investors also recently made changes to their positions in the company. Quest Partners LLC purchased a new position in shares of CF Industries in the third quarter worth $410,000. Pathstone Holdings LLC lifted its holdings in CF Industries by 12.2% in the 3rd quarter. Pathstone Holdings LLC now owns 17,133 shares of the basic materials company's stock worth $1,470,000 after buying an additional 1,860 shares during the period. Prospera Financial Services Inc increased its position in CF Industries by 26.4% during the 3rd quarter. Prospera Financial Services Inc now owns 18,485 shares of the basic materials company's stock valued at $1,586,000 after purchasing an additional 3,857 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in CF Industries during the 3rd quarter valued at approximately $1,678,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of CF Industries by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company's stock worth $2,004,000 after acquiring an additional 179 shares during the period. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Stock Performance

Shares of NYSE:CF traded down $1.84 during midday trading on Tuesday, hitting $74.99. The company had a trading volume of 2,988,463 shares, compared to its average volume of 2,021,306. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The company has a fifty day moving average of $83.66 and a two-hundred day moving average of $85.15. The company has a market cap of $12.71 billion, a price-to-earnings ratio of 11.08, a PEG ratio of 0.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

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CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. On average, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.50 dividend. 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 2.67%. CF Industries's payout ratio is currently 29.54%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CF. Royal Bank of Canada dropped their price target 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. The Goldman Sachs Group initiated coverage on shares of CF Industries in a report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price objective on the stock. Barclays lowered their price objective on CF Industries from $100.00 to $95.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 5th. UBS Group cut their target price on CF Industries from $92.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Finally, Piper Sandler boosted 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. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, CF Industries currently has a consensus rating of "Hold" and an average price target of $89.86.

Insider Transactions at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the company's 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 transaction, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. This represents a 35.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the sale, 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 disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock valued at $1,130,955 over the last three months. Corporate insiders own 0.48% of the company's stock.

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.