O Shaughnessy Asset Management LLC Acquires 65,987 Shares of CF Industries Holdings, Inc. (NYSE:CF)

O Shaughnessy Asset Management LLC grew its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 31.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 274,681 shares of the basic materials company’s stock after acquiring an additional 65,987 shares during the period. O Shaughnessy Asset Management LLC owned 0.16% of CF Industries worth $23,436,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CF. Norges Bank purchased a new position in CF Industries during the fourth quarter valued at $131,350,000. Powszechne Towarzystwo Emerytalne Allianz Polska S.A. purchased a new position in shares of CF Industries during the 4th quarter valued at about $37,247,000. Skandinaviska Enskilda Banken AB publ grew its stake in shares of CF Industries by 459.4% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company’s stock valued at $36,583,000 after acquiring an additional 357,531 shares during the period. Barclays PLC increased its holdings in CF Industries by 68.9% in the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock worth $63,263,000 after acquiring an additional 300,873 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in CF Industries by 7.1% during 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. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Activity

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. The trade was a 1.57 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,889 shares of company stock worth $1,130,955. Company insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Piper Sandler upped their price target on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Royal Bank of Canada decreased their price target on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective for the company in a research note on Monday, February 24th. Oppenheimer decreased their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Finally, UBS Group dropped their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $89.86.

CF Industries Stock Performance

CF Industries stock opened at $77.35 on Monday. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The company’s 50-day moving average is $82.49 and its 200 day moving average is $85.14. The firm has a market capitalization of $13.11 billion, a P/E ratio of 11.43, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last posted its quarterly earnings data 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. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.59%. CF Industries’s dividend payout ratio (DPR) is currently 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.