Skandinaviska Enskilda Banken AB publ Acquires 357,531 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Skandinaviska Enskilda Banken AB publ increased its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 459.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 435,352 shares of the basic materials company's stock after acquiring an additional 357,531 shares during the period. Skandinaviska Enskilda Banken AB publ owned approximately 0.25% of CF Industries worth $36,583,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Heck Capital Advisors LLC bought a new stake in CF Industries in the fourth quarter worth approximately $34,000. Brooklyn Investment Group acquired a new position in CF Industries during the third quarter worth $39,000. Asset Planning Inc acquired a new stake in shares of CF Industries in the fourth quarter valued at $44,000. Arlington Trust Co LLC lifted its holdings 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 in the last quarter. Finally, Sierra Ocean LLC bought a new position in shares of CF Industries in the 4th quarter valued at about $49,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Performance

CF traded up $1.13 during midday trading on Monday, reaching $77.76. The company had a trading volume of 2,008,372 shares, compared to its average volume of 2,009,731. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The business has a 50-day moving average price of $85.55 and a two-hundred day moving average price of $85.35. The stock has a market cap of $13.18 billion, a PE ratio of 11.49, a P/E/G ratio of 0.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

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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 business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. On average, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given 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 2.57%. CF Industries's dividend payout ratio is presently 29.54%.

Insider Transactions at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction dated Monday, January 13th. The stock was 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 owns 15,871 shares of the company's stock, valued at $1,507,745. The trade was a 35.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the 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 sale, the executive vice president now directly owns 92,486 shares in the company, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock worth $1,130,955 over the last quarter. Corporate insiders own 0.42% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. The Goldman Sachs Group assumed coverage on CF Industries in a report on Thursday. They set a "neutral" rating and a $86.00 price objective for the company. JPMorgan Chase & Co. cut shares of CF Industries from a "neutral" rating to an "underweight" rating and cut their price objective for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Oppenheimer decreased their target price on shares of CF Industries from $114.00 to $111.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 28th. Scotiabank reduced 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, Piper Sandler increased their price target on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $89.86.

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.