6,276 Shares in CF Industries Holdings, Inc. (NYSE:CF) Bought by Stevens Capital Management LP

Stevens Capital Management LP bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,276 shares of the basic materials company’s stock, valued at approximately $535,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division acquired a new position in shares of CF Industries in the fourth quarter valued at $74,000. National Pension Service increased its holdings in shares of CF Industries by 2,848.4% in the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock valued at $24,776,000 after purchasing an additional 280,535 shares during the last quarter. Kingsview Wealth Management LLC acquired a new position in shares of CF Industries in the third quarter valued at $3,149,000. SBI Securities Co. Ltd. acquired a new position in shares of CF Industries in the fourth quarter valued at $51,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of CF Industries by 4.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock valued at $494,202,000 after purchasing an additional 225,109 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on CF. Royal Bank of Canada decreased their price target on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. UBS Group decreased their price target on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Barclays decreased their price target on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 5th. Finally, Piper Sandler upped their price target 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 equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $89.86.

Insider Transactions at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at $8,878,656. This trade represents a 1.60 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s 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 completion of the transaction, the vice president now owns 15,871 shares of the company’s stock, 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. Over the last 90 days, insiders sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is currently owned by insiders.

CF Industries Stock Down 0.0 %

CF stock opened at $76.88 on Monday. The stock has a market capitalization of $13.03 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The firm has a 50-day moving average price of $84.43 and a 200-day moving average price of $85.19.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS 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 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 fiscal year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.60%. CF Industries’s dividend payout ratio (DPR) is currently 29.54%.

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.