HUB Investment Partners LLC Invests $204,000 in CF Industries Holdings, Inc. (NYSE:CF)

HUB Investment Partners LLC purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,395 shares of the basic materials company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Checchi Capital Advisers LLC grew its stake in shares of CF Industries by 4.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company’s stock worth $221,000 after acquiring an additional 108 shares during the period. Brooklyn Investment Group grew its stake in shares of CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock worth $49,000 after acquiring an additional 122 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of CF Industries by 1.8% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company’s stock worth $602,000 after acquiring an additional 126 shares during the period. Ballentine Partners LLC grew its stake in shares of CF Industries by 2.3% during the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock worth $482,000 after acquiring an additional 127 shares during the period. Finally, Coldstream Capital Management Inc. boosted its stake in CF Industries by 4.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock worth $247,000 after purchasing an additional 135 shares during the period. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

CF has been the subject of several analyst reports. UBS Group cut their target price on CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Barclays cut their target price on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 5th. Royal Bank of Canada cut their target price on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Piper Sandler raised their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. Finally, The Goldman Sachs Group initiated coverage on CF Industries in a research note on Thursday, March 13th. They issued a “neutral” rating and a $86.00 target price for the company. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $89.86.

Insiders Place Their Bets

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The stock was 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 of the company’s stock, valued at $1,507,745. The trade was a 35.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,889 shares of company stock valued at $1,130,955 in the last ninety days. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Performance

Shares of NYSE CF opened at $76.88 on Friday. The stock has a market cap of $13.03 billion, a price-to-earnings ratio of 11.36, a P/E/G ratio of 0.37 and a beta of 0.99. 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 1-year low of $69.13 and a 1-year high of $98.25. The stock’s 50-day moving average is $84.43 and its 200 day moving average is $85.15.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The company had revenue of $1.52 billion for 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%. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.60%. CF Industries’s dividend payout ratio 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.