CF Industries Holdings, Inc. (NYSE:CF) is Credit Capital Investments LLC’s 5th Largest Position

Credit Capital Investments LLC reduced its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,300 shares of the basic materials company’s stock after selling 700 shares during the period. CF Industries comprises 6.9% of Credit Capital Investments LLC’s portfolio, making the stock its 5th largest holding. Credit Capital Investments LLC’s holdings in CF Industries were worth $5,315,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CF. Oppenheimer Asset Management Inc. increased its stake in shares of CF Industries by 14.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 6,924 shares of the basic materials company’s stock worth $594,000 after purchasing an additional 861 shares in the last quarter. CIBC Asset Management Inc increased its stake in shares of CF Industries by 6.0% in the third quarter. CIBC Asset Management Inc now owns 31,203 shares of the basic materials company’s stock worth $2,677,000 after purchasing an additional 1,769 shares in the last quarter. Natixis Advisors LLC increased its stake in shares of CF Industries by 20.0% in the third quarter. Natixis Advisors LLC now owns 266,866 shares of the basic materials company’s stock worth $22,897,000 after purchasing an additional 44,393 shares in the last quarter. AMG National Trust Bank purchased a new stake in shares of CF Industries in the third quarter worth $887,000. Finally, Quest Partners LLC purchased a new stake in shares of CF Industries in the third quarter worth $410,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

Shares of NYSE CF opened at $76.37 on Wednesday. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. The stock has a market capitalization of $12.95 billion, a price-to-earnings ratio of 11.28, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The firm has a 50-day simple moving average of $85.06 and a 200-day simple moving average of $85.26. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. On average, equities analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.62%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Insiders Place Their Bets

In related news, VP Ashraf K. Malik sold 8,889 shares of CF Industries 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 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 ownership of the stock. The sale 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 CF Industries stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at $8,878,656. This represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock valued at $1,130,955 over the last 90 days. 0.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CF. UBS Group cut 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 note on Thursday, February 20th. Piper Sandler increased their price objective on shares of CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, January 27th. Royal Bank of Canada lowered 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 research report on Tuesday, February 25th. Barclays lowered their price objective on shares of 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. Finally, The Goldman Sachs Group assumed coverage on shares of CF Industries in a research report on Thursday, March 13th. They set a “neutral” rating and a $86.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $89.86.

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.