Empowered Funds LLC Acquires 19,156 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Empowered Funds LLC raised its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 30.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,720 shares of the basic materials company’s stock after buying an additional 19,156 shares during the period. Empowered Funds LLC’s holdings in CF Industries were worth $6,972,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Victory Capital Management Inc. grew its stake in CF Industries by 15.1% in the 3rd quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after buying an additional 549,569 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in CF Industries by 7,617.5% during the third quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock valued at $375,440,000 after acquiring an additional 431,910 shares during the period. Barclays PLC grew its position in shares of CF Industries by 68.9% in the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock valued at $63,263,000 after purchasing an additional 300,873 shares during the last quarter. FMR LLC increased its stake in shares of CF Industries by 3.8% in 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 period. Finally, Yaupon Capital Management LP acquired a new position in shares of CF Industries during the 3rd quarter worth about $17,437,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Transactions at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $142,500.00. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were 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 in the company, valued at $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,389 shares of company stock valued at $2,355,425. Corporate insiders own 0.42% of the company’s stock.

CF Industries Stock Up 3.5 %

Shares of NYSE CF opened at $87.00 on Tuesday. The business has a fifty day moving average of $89.36 and a two-hundred day moving average of $85.20. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The stock has a market cap of $15.14 billion, a PE ratio of 13.77, a PEG ratio of 0.39 and a beta of 0.98.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.30%. CF Industries’s dividend payout ratio is 31.65%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a research note on Wednesday, October 16th. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target on the stock. in a research report on Tuesday, January 21st. Barclays cut shares of CF Industries from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $96.00 to $100.00 in a research note on Tuesday, January 21st. Finally, Scotiabank restated a “sector underperform” rating and set a $88.00 price target on shares of CF Industries in a research note on Friday, January 24th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and an average price target of $92.43.

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.