Smartleaf Asset Management LLC Grows Position in CF Industries Holdings, Inc. (NYSE:CF)

Smartleaf Asset Management LLC boosted its position in CF Industries Holdings, Inc. (NYSE:CF) by 19.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 924 shares of the basic materials company’s stock after purchasing an additional 148 shares during the quarter. Smartleaf Asset Management LLC’s holdings in CF Industries were worth $78,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CF. Heck Capital Advisors LLC bought a new position in CF Industries during the 4th quarter valued at approximately $34,000. Brooklyn Investment Group bought a new position in shares of CF Industries during the third quarter valued at $39,000. Asset Planning Inc purchased a new position in shares of CF Industries in the 4th quarter worth about $44,000. Arlington Trust Co LLC boosted its stake in CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 460 shares in the last quarter. Finally, Sierra Ocean LLC purchased a new stake in CF Industries during the 4th quarter valued at about $49,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.9 %

Shares of NYSE:CF opened at $77.28 on Monday. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The company has a market cap 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 stock has a 50 day moving average of $86.43 and a 200 day moving average of $85.48. 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 (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (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 firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CF shares. Scotiabank dropped 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. Barclays lowered their price objective on CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 5th. Oppenheimer reduced their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Finally, 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 report on Monday, January 27th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus target price of $90.15.

Insider Buying and Selling at CF Industries

In other 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 completion of the transaction, the vice president now owns 15,871 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the business’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 transaction, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. This trade represents a 1.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock valued at $1,130,955 in the last 90 days. Insiders own 0.42% of the company’s stock.

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.