Swedbank AB Acquires 6,653 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Swedbank AB lifted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 2.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 277,851 shares of the basic materials company’s stock after purchasing an additional 6,653 shares during the period. Swedbank AB’s holdings in CF Industries were worth $23,706,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Brooklyn Investment Group increased its position in shares of CF Industries by 26.9% during 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 during the last quarter. Ballentine Partners LLC raised its position in CF Industries by 2.3% during 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. lifted its stake in CF Industries by 4.9% in 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 last quarter. PNC Financial Services Group Inc. grew its position in shares of CF Industries by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock valued at $2,004,000 after acquiring an additional 179 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its stake in shares of CF Industries by 3.0% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 8,410 shares of the basic materials company’s stock worth $722,000 after purchasing an additional 245 shares during the last quarter. 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 3,500 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total transaction of $325,010.00. Following the completion of the transaction, the executive vice president now owns 62,768 shares of the company’s stock, valued at approximately $5,828,636.48. The trade was a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the sale, the vice president now owns 22,211 shares in the company, valued at approximately $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,389 shares of company stock valued at $2,355,425. Company insiders own 0.42% of the company’s stock.

CF Industries Trading Down 0.3 %

Shares of CF stock opened at $92.22 on Friday. The stock has a market cap of $16.05 billion, a P/E ratio of 14.59, a price-to-earnings-growth ratio of 0.71 and a beta of 0.98. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The stock has a 50 day simple moving average of $89.35 and a 200 day simple moving average of $84.18. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter last year, the business earned $0.85 earnings per share. CF Industries’s revenue was up 7.6% on a year-over-year basis. On average, research analysts predict that CF Industries Holdings, Inc. will post 6.37 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.17%. CF Industries’s payout ratio is presently 31.65%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Bank of America cut CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a report on Wednesday, October 16th. Barclays lowered CF Industries from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $96.00 to $100.00 in a report on Tuesday, January 21st. Piper Sandler raised their price target on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective on the stock. in a research report on Tuesday, January 21st. Finally, UBS Group lifted their target price on shares of CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a report on Tuesday. Three 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, CF Industries presently has an average rating of “Hold” and a consensus price target of $92.43.

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.