Picton Mahoney Asset Management Has $539,000 Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Picton Mahoney Asset Management lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 45,100.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,328 shares of the basic materials company's stock after purchasing an additional 6,314 shares during the quarter. Picton Mahoney Asset Management's holdings in CF Industries were worth $539,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new position in shares of CF Industries in the 4th quarter valued at about $34,000. Brooklyn Investment Group acquired a new position in shares of CF Industries in the 3rd quarter valued at about $39,000. Asset Planning Inc acquired a new position in shares of CF Industries in the 4th quarter valued at about $44,000. Arlington Trust Co LLC increased its holdings in shares of CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after purchasing an additional 460 shares during the period. Finally, Sierra Ocean LLC bought a new stake in shares of CF Industries in the 4th quarter valued at approximately $49,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CF has been the subject of several recent research reports. UBS Group lowered their price target on CF Industries from $92.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, February 20th. Oppenheimer lowered their price target on CF Industries from $114.00 to $111.00 and set an "outperform" rating for the company in a research note on Tuesday, January 28th. Piper Sandler upped their target price on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, January 27th. 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 target price for the company. Finally, JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and decreased their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $89.86.

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CF Industries Stock Performance

CF traded down $0.38 during trading on Thursday, hitting $76.99. The stock had a trading volume of 2,211,123 shares, compared to its average volume of 2,005,235. The company has a 50 day moving average price of $84.87 and a 200-day moving average price of $85.21. The firm has a market cap of $13.05 billion, a price-to-earnings ratio of 11.37, a P/E/G ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating 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 during the quarter, compared to analysts' expectations of $1.50 billion. As a group, research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

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. 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 2.60%. CF Industries's dividend payout ratio (DPR) is currently 29.54%.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 1,500 shares of the firm's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the firm's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now owns 15,871 shares of the company's stock, valued at $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 sold a total of 11,889 shares of company stock valued at $1,130,955 in the last 90 days. Corporate insiders own 0.42% 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.