SBI Securities Co. Ltd. Makes New $51,000 Investment in CF Industries Holdings, Inc. (NYSE:CF)

SBI Securities Co. Ltd. acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 598 shares of the basic materials company’s stock, valued at approximately $51,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CF. Heck Capital Advisors LLC purchased a new position in CF Industries during the fourth quarter valued at approximately $34,000. Brooklyn Investment Group bought a new stake in CF Industries during the third quarter valued at about $39,000. Asset Planning Inc bought a new stake in CF Industries during the fourth quarter valued at about $44,000. Arlington Trust Co LLC lifted its position in shares of 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 in the last quarter. Finally, Sierra Ocean LLC bought a new position in shares of CF Industries in the fourth quarter worth about $49,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on CF shares. Piper Sandler boosted their price target on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price on the stock in a report on Monday, February 24th. UBS Group dropped their target price on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. Oppenheimer reduced their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Finally, Royal Bank of Canada dropped their price objective on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, CF Industries has an average rating of “Hold” and an average target price of $90.15.

Insider Activity

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Ashraf K. Malik sold 8,889 shares of the company’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 value of $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is currently owned by company insiders.

CF Industries Stock Down 0.0 %

Shares of NYSE:CF opened at $77.10 on Tuesday. The company has a 50-day moving average price of $86.29 and a 200 day moving average price of $85.47. 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 company has a market cap of $13.07 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 0.37 and a beta of 0.99.

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%. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

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