Raymond James Financial Inc. Takes $14.88 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Raymond James Financial Inc. acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 174,436 shares of the basic materials company's stock, valued at approximately $14,883,000. Raymond James Financial Inc. owned approximately 0.10% of CF Industries at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CF. Heck Capital Advisors LLC acquired a new stake in shares of CF Industries during the 4th quarter worth approximately $34,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries during the 3rd quarter worth approximately $39,000. Asset Planning Inc acquired a new stake in shares of CF Industries during the 4th quarter worth approximately $44,000. Arlington Trust Co LLC grew its position in shares of 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 period. Finally, Sierra Ocean LLC acquired a new position in CF Industries during the fourth quarter valued at approximately $49,000. Institutional investors and hedge funds own 93.06% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Royal Bank of Canada decreased their price objective on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Barclays decreased their price objective on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating for the company in a report on Wednesday, March 5th. Piper Sandler boosted their price objective 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 price objective for the company in a report on Monday, February 24th. Finally, UBS Group decreased their price objective on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $89.86.

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Insider Buying and Selling

In related news, 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 transaction of $844,455.00. Following the transaction, the vice president now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the company's stock in a transaction on 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 transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,889 shares of company stock worth $1,130,955. Insiders own 0.42% of the company's stock.

CF Industries Stock Down 0.0 %

Shares of CF stock traded down $0.04 during trading on Friday, reaching $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 business has a fifty day moving average price of $84.43 and a 200-day moving average price of $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. The company has a market cap of $13.03 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth 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.

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, topping analysts' consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

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

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.