Cwm LLC Buys 42,201 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Cwm LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 1,535.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,949 shares of the basic materials company’s stock after buying an additional 42,201 shares during the period. Cwm LLC’s holdings in CF Industries were worth $3,573,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of CF Industries by 1.1% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,622 shares of the basic materials company’s stock valued at $1,719,000 after purchasing an additional 238 shares in the last quarter. abrdn plc boosted its position in shares of CF Industries by 67.1% during the 4th quarter. abrdn plc now owns 84,714 shares of the basic materials company’s stock valued at $6,735,000 after purchasing an additional 34,011 shares in the last quarter. WP Advisors LLC boosted its position in shares of CF Industries by 8.6% during the 4th quarter. WP Advisors LLC now owns 2,675 shares of the basic materials company’s stock valued at $213,000 after purchasing an additional 212 shares in the last quarter. RIA Advisory Group LLC bought a new stake in shares of CF Industries during the 4th quarter valued at about $275,000. Finally, Daiwa Securities Group Inc. boosted its position in shares of CF Industries by 7.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 19,982 shares of the basic materials company’s stock valued at $1,589,000 after purchasing an additional 1,422 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total transaction of $510,000.00. Following the completion of the transaction, the executive vice president now directly owns 64,030 shares of the company’s stock, valued at $5,442,550. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.48% of the stock is owned by corporate insiders.

CF Industries Stock Performance

Shares of CF opened at $79.25 on Thursday. The company has a current ratio of 3.81, a quick ratio of 3.44 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $14.88 billion, a price-to-earnings ratio of 10.11, a PEG ratio of 2.24 and a beta of 1.03. The stock has a 50 day moving average of $81.46 and a 200 day moving average of $79.67. CF Industries Holdings, Inc. has a 12 month low of $60.08 and a 12 month high of $87.90.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period last year, the company posted $4.35 earnings per share. CF Industries’s revenue for the quarter was down 39.8% on a year-over-year basis. As a group, sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio (DPR) is 25.51%.

Wall Street Analysts Forecast Growth

CF has been the topic of several recent research reports. Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target on the stock in a report on Friday, January 12th. Wolfe Research initiated coverage on CF Industries in a report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price target on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 price target on shares of CF Industries in a report on Friday, February 16th. Wells Fargo & Company lowered their price objective on CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a research note on Friday, February 16th. Finally, Berenberg Bank increased their price objective on CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a research note on Wednesday, April 17th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $86.47.

About CF Industries

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.