CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by Private Capital Management LLC

Private Capital Management LLC lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 53.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,239 shares of the basic materials company's stock after acquiring an additional 3,201 shares during the period. Private Capital Management LLC's holdings in CF Industries were worth $793,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in CF. Heck Capital Advisors LLC acquired a new position in CF Industries in the fourth quarter valued at $34,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries in the 3rd quarter valued at about $39,000. Asset Planning Inc acquired a new stake in shares of CF Industries in the 4th quarter valued at about $44,000. Arlington Trust Co LLC grew its stake in CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock worth $49,000 after buying an additional 460 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new position in CF Industries during the fourth quarter worth approximately $49,000. Hedge funds and other institutional investors own 93.06% of the company's stock.

Insider Activity at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the firm's stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the company's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock valued at $1,130,955 in the last ninety days. Corporate insiders own 0.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CF shares. Royal Bank of Canada cut their target price on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. 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. Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price for the company in a research note on Monday, February 24th. Scotiabank dropped their price target on CF Industries from $88.00 to $81.00 and set a "sector underperform" rating on the stock in a research report on Monday, February 24th. Finally, Oppenheimer decreased their price objective 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. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $90.54.

CF Industries Price Performance

CF Industries stock traded down $2.68 during midday trading on Tuesday, reaching $75.29. The company's stock had a trading volume of 4,614,486 shares, compared to its average volume of 2,620,496. The firm has a market capitalization of $12.76 billion, a PE ratio of 11.12, a P/E/G ratio of 0.37 and a beta of 0.98. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The stock's 50 day simple moving average is $87.13 and its 200 day simple moving average is $85.60. 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 (NYSE:CF - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The firm had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend 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.