10,000 Shares in CF Industries Holdings, Inc. (NYSE:CF) Bought by Walnut Level Capital LLC

Walnut Level Capital LLC acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,000 shares of the basic materials company's stock, valued at approximately $853,000.

Other institutional investors have also modified their holdings of the company. Skandinaviska Enskilda Banken AB publ raised its stake in CF Industries by 459.4% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company's stock valued at $36,583,000 after buying an additional 357,531 shares in the last quarter. Barclays PLC raised its position in shares of CF Industries by 68.9% during the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock worth $63,263,000 after acquiring an additional 300,873 shares in the last quarter. FMR LLC lifted its stake in CF Industries by 3.8% during the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company's stock worth $711,003,000 after purchasing an additional 300,050 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in CF Industries by 7.1% in the fourth quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock valued at $382,901,000 after purchasing an additional 299,173 shares in the last quarter. Finally, National Pension Service increased its stake in CF Industries by 2,848.4% in the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company's stock valued at $24,776,000 after purchasing an additional 280,535 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the sale, the executive vice president now directly owns 93,986 shares in the company, valued at $8,928,670. The trade was a 1.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now directly 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 disclosure for this sale can be found here. In the last three months, insiders sold 11,889 shares of company stock valued at $1,130,955. Corporate insiders own 0.48% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on CF shares. The Goldman Sachs Group initiated coverage on shares of CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 target price on the stock. Piper Sandler lifted their target price on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, January 27th. Bank of America upgraded CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target on the stock in a research note on Monday, February 24th. Royal Bank of Canada decreased their price objective on CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. cut shares of CF Industries from a "neutral" rating to an "underweight" rating and cut their target price for the company from $82.00 to $75.00 in a report on Friday, January 24th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $89.86.

CF Industries Trading Down 2.4 %

NYSE CF traded down $1.84 during mid-day trading on Tuesday, hitting $74.99. The company's stock had a trading volume of 2,988,463 shares, compared to its average volume of 2,017,594. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The stock's fifty day simple moving average is $83.66 and its two-hundred day simple moving average is $85.15. The firm has a market capitalization of $12.71 billion, a P/E ratio of 11.08, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) 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 firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. Research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.67%. The ex-dividend date was Friday, February 14th. CF Industries's dividend payout ratio (DPR) 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.