Wilmington Savings Fund Society FSB Makes New $993,000 Investment in CF Industries Holdings, Inc. (NYSE:CF)

Wilmington Savings Fund Society FSB purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,578 shares of the basic materials company's stock, valued at approximately $993,000.

Several other hedge funds have also bought and sold shares of CF. Coldstream Capital Management Inc. boosted its stake in shares of CF Industries by 4.9% during the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company's stock valued at $247,000 after purchasing an additional 135 shares during the period. First Horizon Advisors Inc. lifted its position in shares of CF Industries by 8.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company's stock valued at $139,000 after buying an additional 146 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of CF Industries by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company's stock valued at $2,004,000 after buying an additional 179 shares in the last quarter. UMB Bank n.a. raised its stake in 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 during the period. Finally, Westwood Holdings Group Inc. increased its stake in CF Industries by 6.2% in the 2nd quarter. Westwood Holdings Group Inc. now owns 3,399 shares of the basic materials company's stock worth $252,000 after acquiring an additional 197 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company's stock.

Insider Transactions at CF Industries

In other news, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total transaction of $325,010.00. Following the sale, the executive vice president now directly 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 7,000 shares of CF Industries stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the sale, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,701 shares of company stock worth $2,052,704. 0.42% of the stock is currently owned by company insiders.

CF Industries Trading Down 0.7 %

Shares of CF traded down $0.63 during midday trading on Friday, hitting $89.50. The stock had a trading volume of 1,368,435 shares, compared to its average volume of 2,045,655. The business has a 50-day simple moving average of $86.71 and a two-hundred day simple moving average of $80.70. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The firm has a market cap of $15.57 billion, a P/E ratio of 14.16, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $94.46.

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

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders 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 payout ratio is currently 31.65%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CF. Oppenheimer initiated coverage on CF Industries in a report on Thursday. They issued an "outperform" rating and a $114.00 target price for the company. Royal Bank of Canada upped their target price on CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a research report on Monday, November 4th. Piper Sandler upped their target price on CF Industries from $77.00 to $79.00 and gave the stock an "underweight" rating in a research note on Friday, November 8th. UBS Group increased their price target on CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. Finally, Redburn Atlantic began coverage on CF Industries in a research report on Friday, October 18th. They issued a "neutral" rating and a $77.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat, CF Industries has a consensus rating of "Hold" and an average price target 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.