Elo Mutual Pension Insurance Co Purchases 4,994 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Elo Mutual Pension Insurance Co raised its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 30.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,230 shares of the basic materials company’s stock after purchasing an additional 4,994 shares during the period. Elo Mutual Pension Insurance Co’s holdings in CF Industries were worth $1,811,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Central Pacific Bank Trust Division bought a new position in CF Industries in the 4th quarter worth about $74,000. National Pension Service lifted its holdings in shares of CF Industries by 2,848.4% in the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock worth $24,776,000 after buying an additional 280,535 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of CF Industries in the fourth quarter valued at approximately $51,000. Charles Schwab Investment Management Inc. grew its stake in CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock valued at $494,202,000 after acquiring an additional 225,109 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in CF Industries by 14.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company’s stock worth $14,543,000 after acquiring an additional 21,632 shares during the period. Institutional investors own 93.06% of the company’s stock.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the sale, the executive vice president now directly owns 93,986 shares in the company, valued at $8,928,670. This represents a 1.57 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was 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 directly owns 15,871 shares in the company, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock worth $1,130,955 in the last ninety days. 0.48% of the stock is owned by company insiders.

CF Industries Trading Down 0.8 %

CF stock opened at $77.35 on Friday. The company has a market capitalization of $13.11 billion, a PE ratio of 11.43, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. The company’s 50 day moving average price is $82.49 and its two-hundred day moving average price is $85.09.

CF Industries (NYSE:CF) last issued 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. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. As a group, analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

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

Analyst Upgrades and Downgrades

CF has been the subject of a number of recent analyst reports. Scotiabank reduced their price target on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research report on Monday, February 24th. Piper Sandler boosted their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. JPMorgan Chase & Co. cut CF Industries from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Royal Bank of Canada cut their price objective on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Finally, Oppenheimer lowered their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus price target of $89.86.

CF Industries 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.