CF Industries Holdings, Inc. (NYSE:CF) Position Boosted by Ieq Capital LLC

Ieq Capital LLC increased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 544.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,091 shares of the basic materials company’s stock after purchasing an additional 16,973 shares during the quarter. Ieq Capital LLC’s holdings in CF Industries were worth $1,714,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CF. Brooklyn Investment Group increased its stake in CF Industries by 26.9% in the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 122 shares in the last quarter. Ballentine Partners LLC increased its position in shares of CF Industries by 2.3% in the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock worth $482,000 after acquiring an additional 127 shares in the last quarter. Coldstream Capital Management Inc. raised its holdings 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 acquiring an additional 135 shares during the period. James Investment Research Inc. boosted its stake in CF Industries by 1.8% in the 4th quarter. James Investment Research Inc. now owns 9,534 shares of the basic materials company’s stock worth $813,000 after purchasing an additional 165 shares during the period. Finally, Greenleaf Trust boosted its stake in CF Industries by 4.7% in the 4th quarter. Greenleaf Trust now owns 3,784 shares of the basic materials company’s stock worth $323,000 after purchasing an additional 169 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on CF. Oppenheimer reduced their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Scotiabank reissued a “sector underperform” rating and issued a $88.00 price objective on shares of CF Industries in a research note on Friday, January 24th. UBS Group lowered their target price on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Finally, Piper Sandler increased their price objective on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $92.29.

CF Industries Stock Down 2.9 %

Shares of CF opened at $77.90 on Monday. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $13.56 billion, a PE ratio of 11.51, a P/E/G ratio of 0.37 and a beta of 0.98. The firm’s 50 day moving average is $87.91 and its 200-day moving average is $85.67. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. The business 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%. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date is Friday, February 14th. CF Industries’s dividend payout ratio is currently 29.54%.

Insider Activity at CF Industries

In other news, EVP Susan L. Menzel sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the transaction, the executive vice president now directly owns 62,768 shares of the company’s stock, valued at $5,828,636.48. This represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now directly 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 disclosure for this sale can be found here. Insiders have sold 15,389 shares of company stock worth $1,455,965 over the last ninety days. 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.