6,784 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 6,784 shares of the basic materials company’s stock, valued at approximately $539,000.

A number of other hedge funds have also made changes to their positions in the company. Spire Wealth Management raised its stake in CF Industries by 16.9% in the 4th quarter. Spire Wealth Management now owns 65,569 shares of the basic materials company’s stock valued at $4,918,000 after purchasing an additional 9,492 shares during the last quarter. Metis Global Partners LLC raised its position in shares of CF Industries by 6.0% in the fourth quarter. Metis Global Partners LLC now owns 13,132 shares of the basic materials company’s stock valued at $1,044,000 after buying an additional 744 shares during the last quarter. Connecticut Wealth Management LLC purchased a new position in shares of CF Industries in the fourth quarter worth about $459,000. Sapient Capital LLC acquired a new position in CF Industries during the fourth quarter worth about $653,000. Finally, LSV Asset Management purchased a new stake in CF Industries during the 4th quarter valued at about $80,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the sale, the executive vice president now directly owns 64,030 shares in the company, valued at approximately $5,442,550. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.42% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on CF shares. Piper Sandler cut CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $87.00 to $82.00 in a report on Thursday, February 29th. Wells Fargo & Company cut their target price on CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a research note on Friday, February 16th. Berenberg Bank boosted their price target on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Barclays upgraded shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price objective for the company in a research report on Friday, January 12th. Finally, UBS Group lowered shares of CF Industries from a “buy” rating to a “neutral” rating and decreased their target price for the company from $95.00 to $83.00 in a report on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $85.44.

CF Industries Stock Up 0.6 %

CF Industries stock traded up $0.42 during mid-day trading on Monday, reaching $74.51. 2,433,878 shares of the company’s stock were exchanged, compared to its average volume of 2,448,365. The company has a fifty day moving average of $81.46 and a 200-day moving average of $79.28. The company has a market cap of $13.99 billion, a P/E ratio of 12.46, a P/E/G ratio of 2.11 and a beta of 1.02. The company has a quick ratio of 3.55, a current ratio of 3.94 and a debt-to-equity ratio of 0.37. CF Industries Holdings, Inc. has a twelve month low of $60.08 and a twelve month high of $87.90.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.44). CF Industries had a net margin of 19.03% and a return on equity of 14.08%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the previous year, the business posted $2.85 earnings per share. The firm’s revenue was down 26.9% on a year-over-year basis. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.68%. CF Industries’s payout ratio is 33.22%.

About CF Industries

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.