CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 206.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,308 shares of the basic materials company's stock after acquiring an additional 56,837 shares during the period. Wealthfront Advisers LLC's holdings in CF Industries were worth $7,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Independent Advisor Alliance purchased a new stake in CF Industries in the fourth quarter valued at $338,000. Daiwa Securities Group Inc. boosted its holdings in CF Industries by 4.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 23,269 shares of the basic materials company's stock valued at $1,985,000 after purchasing an additional 1,023 shares during the last quarter. Moran Wealth Management LLC boosted its holdings in CF Industries by 97.4% in the fourth quarter. Moran Wealth Management LLC now owns 7,456 shares of the basic materials company's stock valued at $636,000 after purchasing an additional 3,679 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in CF Industries by 0.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 69,711 shares of the basic materials company's stock valued at $5,948,000 after purchasing an additional 581 shares during the last quarter. Finally, Barings LLC boosted its holdings in CF Industries by 31.5% in the fourth quarter. Barings LLC now owns 50,787 shares of the basic materials company's stock valued at $4,333,000 after purchasing an additional 12,159 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

Several research firms have commented on CF. Barclays lowered their price target on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 5th. Bank of America raised shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target on the stock in a report on Monday, February 24th. UBS Group lowered their target price on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Piper Sandler increased their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. Finally, JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and lowered their target price for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, CF Industries presently has an average rating of "Hold" and a consensus price target of $89.86.

CF Industries Price Performance

CF Industries stock traded down $0.93 during midday trading on Thursday, reaching $76.78. The company had a trading volume of 2,715,180 shares, compared to its average volume of 2,069,578. The company has a market capitalization of $13.02 billion, a P/E ratio of 11.34, a P/E/G ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The firm's fifty day simple moving average is $85.97 and its 200-day simple moving average is $85.39. 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 (NYSE:CF - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating analysts' consensus estimates of $1.49 by $0.40. The firm 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%. As a group, equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.50 dividend. 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%.

Insider Buying and Selling at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares in the company, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction dated 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 sale, the executive vice president now owns 92,486 shares of the company's stock, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,889 shares of company stock worth $1,130,955. Insiders own 0.42% of the company's stock.

CF Industries Company 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.