Y Intercept Hong Kong Ltd Acquires Shares of 25,187 CF Industries Holdings, Inc. (NYSE:CF)

Y Intercept Hong Kong Ltd bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 25,187 shares of the basic materials company's stock, valued at approximately $2,149,000.

Other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division bought a new stake in shares of CF Industries in the 4th quarter valued at $74,000. Kingsview Wealth Management LLC bought a new position in shares of CF Industries during the 3rd quarter valued at about $3,149,000. AMG National Trust Bank acquired a new position in shares of CF Industries in the 3rd quarter valued at approximately $887,000. Mirae Asset Global Investments Co. Ltd. increased its stake in CF Industries by 14.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company's stock worth $14,543,000 after purchasing an additional 21,632 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in CF Industries by 118.7% during the 3rd quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company's stock worth $1,372,000 after buying an additional 8,679 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Performance

NYSE CF traded up $1.41 on Friday, hitting $80.99. 4,171,708 shares of the stock were exchanged, compared to its average volume of 2,592,185. The company has a market capitalization of $13.73 billion, a PE ratio of 11.96, a P/E/G ratio of 0.37 and a beta of 0.97. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The business's fifty day moving average is $87.35 and its 200 day moving average is $85.55. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last issued its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.50 billion. Research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date is Friday, February 14th. CF Industries's payout ratio is presently 29.54%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CF shares. Barclays cut shares of CF Industries from an "overweight" rating to an "equal weight" rating and upped their price target for the company from $96.00 to $100.00 in a report on Tuesday, January 21st. Piper Sandler upped 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. Royal Bank of Canada dropped their price target on CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research note on Tuesday. 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 report on Monday. Finally, JPMorgan Chase & Co. downgraded CF Industries from a "neutral" rating to an "underweight" rating and decreased their price objective for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, CF Industries currently has a consensus rating of "Hold" and an average price target of $91.14.

Insider Activity at CF Industries

In other news, VP Ashraf K. Malik sold 8,889 shares of the company'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 value of $844,455.00. Following the transaction, the vice president now owns 15,871 shares of the company's stock, valued at approximately $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 value of $142,500.00. Following the sale, the executive vice president now directly owns 93,986 shares of the company's stock, valued at approximately $8,928,670. The trade was a 1.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,389 shares of company stock worth $1,455,965. Company insiders own 0.48% of the company's stock.

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.