Swedbank AB Acquires 9,815 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Swedbank AB boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 271,198 shares of the basic materials company's stock after acquiring an additional 9,815 shares during the quarter. Swedbank AB owned 0.16% of CF Industries worth $23,269,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. SVB Wealth LLC boosted its stake in CF Industries by 31.9% in the first quarter. SVB Wealth LLC now owns 4,593 shares of the basic materials company's stock valued at $382,000 after acquiring an additional 1,110 shares in the last quarter. Ascent Group LLC raised its stake in shares of CF Industries by 10.0% during the 1st quarter. Ascent Group LLC now owns 3,804 shares of the basic materials company's stock worth $317,000 after buying an additional 346 shares during the period. LBP AM SA increased its stake in CF Industries by 136.3% during the 1st quarter. LBP AM SA now owns 13,623 shares of the basic materials company's stock worth $1,134,000 after buying an additional 7,858 shares in the last quarter. Wahed Invest LLC lifted its stake in shares of CF Industries by 13.6% in the first quarter. Wahed Invest LLC now owns 3,726 shares of the basic materials company's stock worth $310,000 after buying an additional 445 shares in the last quarter. Finally, Atria Investments Inc acquired a new stake in shares of CF Industries in the 1st quarter worth $1,040,000. 93.06% of the stock is currently owned by institutional investors.

Insider Transactions at CF Industries

In related news, VP Ashraf K. Malik sold 7,000 shares of the firm's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the sale, the vice president now directly owns 22,211 shares of the company's stock, valued at $2,016,314.58. This trade represents a 23.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the company's stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the transaction, the executive vice president now owns 66,268 shares in the company, valued at $5,964,120. The trade was a 2.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,201 shares of company stock worth $1,727,694. 0.48% of the stock is owned by corporate insiders.

CF Industries Price Performance

CF traded up $0.75 during trading on Tuesday, reaching $88.14. The stock had a trading volume of 1,704,541 shares, compared to its average volume of 2,073,605. The stock has a 50 day moving average of $85.41 and a two-hundred day moving average of $79.47. The firm has a market capitalization of $15.34 billion, a price-to-earnings ratio of 13.86, a price-to-earnings-growth ratio of 2.37 and a beta of 0.97. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $91.06. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the company earned $0.85 EPS. The business's revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, equities analysts anticipate that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.27%. CF Industries's dividend payout ratio (DPR) is 31.65%.

Analyst Upgrades and Downgrades

CF has been the subject of several research analyst reports. Redburn Atlantic began coverage on CF Industries in a research report on Friday, October 18th. They set a "neutral" rating and a $77.00 price target for the company. UBS Group increased their price target on shares of CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a research note on Monday, August 26th. BMO Capital Markets boosted their target price on CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a report on Friday, August 9th. Piper Sandler raised their price objective on shares of CF Industries from $77.00 to $79.00 and gave the company an "underweight" rating in a research report on Friday, November 8th. Finally, Royal Bank of Canada upped their price target on shares of CF Industries from $95.00 to $100.00 and gave the stock an "outperform" rating in a research note on Monday, November 4th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $88.42.

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.