Investors Research Corp Has $2.30 Million Stake in CF Industries Holdings, Inc. (NYSE:CF)

Investors Research Corp trimmed its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,990 shares of the basic materials company’s stock after selling 977 shares during the quarter. Investors Research Corp’s holdings in CF Industries were worth $2,303,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Robeco Institutional Asset Management B.V. purchased a new position in shares of CF Industries during the 3rd quarter valued at about $1,153,000. Fiera Capital Corp bought a new stake in shares of CF Industries during the third quarter valued at approximately $494,000. Verdence Capital Advisors LLC bought a new stake in CF Industries in the third quarter worth $260,000. Kerusso Capital Management LLC bought a new stake in CF Industries in the third quarter worth $1,527,000. Finally, Covestor Ltd raised its stake in shares of CF Industries by 14.3% in the third quarter. Covestor Ltd now owns 4,129 shares of the basic materials company’s stock worth $354,000 after purchasing an additional 516 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Ashraf K. Malik sold 8,889 shares of the business’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 completion of the sale, the vice president now owns 15,871 shares of the company’s stock, valued at $1,507,745. This represents a 35.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s 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 sale, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,889 shares of company stock valued at $1,130,955. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Performance

NYSE:CF opened at $77.28 on Monday. The firm has a market capitalization of $13.10 billion, a PE ratio of 11.42, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The business’s fifty day moving average price is $86.43 and its 200 day moving average price is $85.48. 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 Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25.

CF Industries (NYSE:CF) last issued 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 return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.59%. CF Industries’s dividend payout ratio (DPR) is 29.54%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. UBS Group reduced their price objective on 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 dropped their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Bank of America upgraded shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price for the company in a research report on Monday, February 24th. 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. Finally, Scotiabank reduced their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research note on Monday, February 24th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $90.15.

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.