Wilmington Savings Fund Society FSB reduced its stake in CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,434 shares of the basic materials company’s stock after selling 144 shares during the period. Wilmington Savings Fund Society FSB’s holdings in CF Industries were worth $976,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in CF. Wolff Wiese Magana LLC bought a new position in CF Industries in the 3rd quarter valued at about $28,000. Heck Capital Advisors LLC bought a new position in CF Industries in the fourth quarter valued at approximately $34,000. Brooklyn Investment Group acquired a new position in CF Industries during the third quarter valued at approximately $39,000. Catalyst Capital Advisors LLC lifted its stake in CF Industries by 262.6% during the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 478 shares during the last quarter. Finally, Versant Capital Management Inc boosted its holdings in shares of CF Industries by 6,690.0% in the 4th quarter. Versant Capital Management Inc now owns 679 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 669 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on CF. Scotiabank reiterated a “sector underperform” rating and set a $88.00 price objective on shares of CF Industries in a research report on Friday, January 24th. Barclays cut CF Industries from an “overweight” rating to an “equal weight” rating and upped their target price for the company from $96.00 to $100.00 in a report on Tuesday, January 21st. Redburn Atlantic initiated coverage on CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. Royal Bank of Canada downgraded shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price on the stock. in a research report on Tuesday, January 21st. Finally, Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a report on Wednesday, October 16th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $92.43.
CF Industries Stock Performance
NYSE:CF opened at $87.00 on Tuesday. The business has a 50 day moving average price of $89.36 and a 200-day moving average price of $85.20. The firm has a market cap of $15.14 billion, a PE ratio of 13.77, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25.
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 paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.30%. CF Industries’s dividend payout ratio is presently 31.65%.
Insider Activity
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 value 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock worth $2,355,425 over the last 90 days. 0.42% of the stock is currently owned by insiders.
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.
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