CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by AMG National Trust Bank

AMG National Trust Bank lifted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 48.2% in the fourth quarter, HoldingsChannel reports. The fund owned 15,324 shares of the basic materials company’s stock after purchasing an additional 4,984 shares during the quarter. AMG National Trust Bank’s holdings in CF Industries were worth $1,288,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. FMR LLC lifted its stake in shares of CF Industries by 3.8% in the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after acquiring an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of CF Industries by 4.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock worth $494,202,000 after acquiring an additional 225,109 shares during the period. Victory Capital Management Inc. lifted its stake in shares of CF Industries by 7.1% in the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company’s stock worth $382,901,000 after acquiring an additional 299,173 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of CF Industries by 10.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock worth $111,582,000 after acquiring an additional 120,193 shares during the period. Finally, AustralianSuper Pty Ltd lifted its stake in shares of CF Industries by 8.6% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company’s stock worth $101,313,000 after acquiring an additional 93,560 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the transaction, the executive vice president now owns 92,486 shares in the company, valued at $8,878,656. This represents a 1.60 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction 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 transaction, the vice president now owns 15,871 shares in the company, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CF has been the subject of several recent research reports. Oppenheimer cut their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. Barclays cut their target price on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Wednesday. Scotiabank cut their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. Royal Bank of Canada cut their target price on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Finally, Piper Sandler increased their target price on shares of CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus price target of $90.15.

CF Industries Stock Up 0.9 %

CF stock opened at $77.28 on Friday. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The company’s 50 day simple moving average is $86.57 and its 200-day simple moving average is $85.44. 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 firm has a market capitalization of $13.10 billion, a P/E ratio of 11.42, a P/E/G ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last released its quarterly 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. 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%. As a group, equities research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently disclosed 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 of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.59%. CF Industries’s dividend payout ratio is presently 29.54%.

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.