Apollon Wealth Management LLC Has $226,000 Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Apollon Wealth Management LLC cut its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 12.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,652 shares of the basic materials company’s stock after selling 377 shares during the quarter. Apollon Wealth Management LLC’s holdings in CF Industries were worth $226,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group grew its stake in shares of CF Industries by 26.9% in the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock valued at $49,000 after buying an additional 122 shares during the period. Ballentine Partners LLC grew its stake in CF Industries by 2.3% in the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock valued at $482,000 after acquiring an additional 127 shares during the period. Coldstream Capital Management Inc. grew its stake in CF Industries by 4.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock valued at $247,000 after acquiring an additional 135 shares during the period. Greenleaf Trust raised its position in shares of CF Industries by 4.7% during the fourth quarter. Greenleaf Trust now owns 3,784 shares of the basic materials company’s stock worth $323,000 after purchasing an additional 169 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of CF Industries by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock worth $2,004,000 after purchasing an additional 179 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on CF. Barclays downgraded shares of CF Industries from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $96.00 to $100.00 in a research report on Tuesday, January 21st. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price on the stock. in a report on Tuesday, January 21st. Oppenheimer cut their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. Piper Sandler increased their price objective 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, JPMorgan Chase & Co. cut CF Industries from a “neutral” rating to an “underweight” rating and cut their target price for the company from $82.00 to $75.00 in a research report on Friday, January 24th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $92.43.

CF Industries Price Performance

Shares of NYSE:CF opened at $82.45 on Friday. The company’s 50-day moving average is $88.69 and its 200 day moving average is $85.33. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The company has a market capitalization of $14.35 billion, a P/E ratio of 13.05, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date is Friday, February 14th. CF Industries’s payout ratio is 31.65%.

Insider Transactions at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the sale, the vice president now owns 22,211 shares in the company, valued at $2,016,314.58. This represents a 23.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Bert A. Frost sold 3,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now owns 103,155 shares in the company, valued at approximately $9,077,640. The trade was a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,389 shares of company stock worth $2,355,425 in the last quarter. Insiders own 0.42% of the company’s stock.

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.