Brooklyn FI LLC Invests $437,000 in CF Industries Holdings, Inc. (NYSE:CF)

Brooklyn FI LLC purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,056 shares of the basic materials company’s stock, valued at approximately $437,000.

A number of other large investors have also added to or reduced their stakes in CF. Xponance Inc. increased its holdings in shares of CF Industries by 42.3% in the 4th quarter. Xponance Inc. now owns 35,648 shares of the basic materials company’s stock worth $3,041,000 after buying an additional 10,601 shares during the last quarter. Boston Partners increased its stake in CF Industries by 7.0% during the fourth quarter. Boston Partners now owns 3,316,616 shares of the basic materials company’s stock worth $283,044,000 after acquiring an additional 216,395 shares during the last quarter. Intech Investment Management LLC increased its stake in CF Industries by 930.6% during the fourth quarter. Intech Investment Management LLC now owns 35,998 shares of the basic materials company’s stock worth $3,071,000 after acquiring an additional 32,505 shares during the last quarter. Generali Asset Management SPA SGR purchased a new stake in CF Industries during the fourth quarter valued at approximately $8,519,000. Finally, Tocqueville Asset Management L.P. lifted its stake in shares of CF Industries by 13.2% in the 4th quarter. Tocqueville Asset Management L.P. now owns 2,815 shares of the basic materials company’s stock valued at $240,000 after purchasing an additional 329 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

Shares of NYSE:CF opened at $77.43 on Thursday. The firm has a 50 day moving average of $84.87 and a 200 day moving average of $85.21. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $13.13 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.58%. CF Industries’s dividend payout ratio (DPR) is 29.54%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. The Goldman Sachs Group initiated coverage on CF Industries in a report on Thursday, March 13th. They set a “neutral” rating and a $86.00 price target on the stock. Piper Sandler lifted their price target 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. Oppenheimer reduced their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Royal Bank of Canada dropped their target price on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Finally, UBS Group reduced their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $89.86.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the sale, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 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 $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares of the company’s stock, 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 three months, insiders have sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is currently owned by insiders.

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.