Independent Advisor Alliance Makes New $338,000 Investment in CF Industries Holdings, Inc. (NYSE:CF)

Independent Advisor Alliance bought a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,958 shares of the basic materials company's stock, valued at approximately $338,000.

Other hedge funds have also added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new stake in shares of CF Industries during the fourth quarter valued at approximately $34,000. Brooklyn Investment Group bought a new stake in shares of CF Industries during the third quarter valued at approximately $39,000. Asset Planning Inc bought a new stake in shares of CF Industries during the fourth quarter valued at approximately $44,000. Arlington Trust Co LLC increased its holdings in shares of 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 in the last quarter. Finally, Sierra Ocean LLC bought a new stake in shares of CF Industries during the fourth quarter valued at approximately $49,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Performance

CF stock traded down $0.04 during midday trading on Friday, hitting $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 stock's 50-day moving average price is $84.43 and its 200 day moving average price is $85.11. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The stock has a market cap of $13.03 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 0.37 and a beta of 0.99.

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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, beating the consensus estimate of $1.49 by $0.40. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.60%. CF Industries's payout ratio is presently 29.54%.

Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the business's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the sale, the executive vice president now directly 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 SEC, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the business's stock in a transaction 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. The trade was 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 worth $1,130,955 over the last ninety days. 0.42% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. The Goldman Sachs Group started coverage on CF Industries in a report on Thursday, March 13th. They set a "neutral" rating and a $86.00 price objective for the company. Piper Sandler lifted their target price on CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a research report on Monday, January 27th. Barclays cut their target price on 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. 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 report on Thursday, February 20th. Finally, Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a research report on Monday, February 24th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus 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.