FCA Corp TX Takes Position in CF Industries Holdings, Inc. (NYSE:CF)

FCA Corp TX purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,000 shares of the basic materials company’s stock, valued at approximately $171,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CF. Heck Capital Advisors LLC bought a new position in CF Industries in the fourth quarter valued at about $34,000. Brooklyn Investment Group bought a new position in CF Industries in the third quarter valued at about $39,000. Creative Financial Designs Inc. ADV lifted its holdings in CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 161 shares during the period. Asset Planning Inc bought a new position in CF Industries in the fourth quarter valued at about $44,000. Finally, Arlington Trust Co LLC lifted its holdings in CF Industries by 422.0% in the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 460 shares during the period. 93.06% of the stock is owned by institutional investors.

Insider Transactions at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 shares of the business’s 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 completion of the transaction, the vice president now owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is currently owned by company insiders.

CF Industries Price Performance

Shares of CF Industries stock opened at $76.88 on Friday. The stock has a 50 day moving average of $84.43 and a 200 day moving average of $85.15. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The firm has a market cap of $13.03 billion, a PE ratio of 11.36, a PEG 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 (NYSE:CF) last announced 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 return on equity of 15.50% and a net margin of 20.52%. On average, research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is 29.54%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CF shares. Bank of America upgraded CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price target for the company in a research report on Monday, February 24th. Barclays reduced their price target on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 5th. Scotiabank cut their target price on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research report on Monday, February 24th. Oppenheimer cut their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Finally, Piper Sandler increased their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, CF Industries has a consensus rating of “Hold” and an average target price of $89.86.

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.