CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Tidal Investments LLC

Tidal Investments LLC increased its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 94.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,616 shares of the basic materials company's stock after acquiring an additional 19,760 shares during the period. Tidal Investments LLC's holdings in CF Industries were worth $3,485,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in CF. Wolff Wiese Magana LLC bought a new position in shares of CF Industries during the third quarter valued at approximately $28,000. Brooklyn Investment Group bought a new position in CF Industries in the 3rd quarter worth $39,000. Quent Capital LLC lifted its position in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company's stock worth $43,000 after purchasing an additional 284 shares during the period. UMB Bank n.a. boosted its stake in shares of CF Industries by 40.4% during the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company's stock valued at $49,000 after purchasing an additional 191 shares in the last quarter. Finally, Kimelman & Baird LLC purchased a new position in shares of CF Industries during the second quarter valued at about $50,000. Institutional investors own 93.06% of the company's stock.

CF Industries Price Performance

Shares of CF Industries stock traded down $0.63 during trading on Friday, reaching $89.50. 1,368,435 shares of the stock traded hands, compared to its average volume of 2,045,655. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The company has a market capitalization of $15.57 billion, a price-to-earnings ratio of 14.16, a P/E/G ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $94.46. The business has a fifty day simple moving average of $86.71 and a two-hundred day simple moving average of $80.70.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the prior year, the firm earned $0.85 earnings per share. CF Industries's revenue was up 7.6% on a year-over-year basis. Sell-side analysts expect that CF Industries Holdings, Inc. will post 6.32 EPS for the current year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.23%. CF Industries's dividend payout ratio (DPR) is presently 31.65%.

Insiders Place Their Bets

In related news, VP Ashraf K. Malik sold 7,000 shares of CF Industries stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total transaction of $635,460.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Susan L. Menzel sold 3,500 shares of the company's stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the sale, the executive vice president now owns 62,768 shares of the company's stock, valued at approximately $5,828,636.48. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,701 shares of company stock worth $2,052,704 over the last quarter. Company insiders own 0.42% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on CF. Royal Bank of Canada raised their price target on CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a report on Monday, November 4th. UBS Group upped their target price 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. Piper Sandler increased their price target on shares of CF Industries from $77.00 to $79.00 and gave the company an "underweight" rating in a report on Friday, November 8th. Wells Fargo & Company boosted their price objective on shares of CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a report on Tuesday, September 24th. Finally, Oppenheimer initiated coverage on CF Industries in a research note on Thursday. They set an "outperform" rating and a $114.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $90.38.

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.