UniSuper Management Pty Ltd Buys 2,016 Shares of CF Industries Holdings, Inc. (NYSE:CF)

UniSuper Management Pty Ltd boosted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 8.8% in the 4th quarter, Holdings Channel reports. The firm owned 24,882 shares of the basic materials company’s stock after acquiring an additional 2,016 shares during the quarter. UniSuper Management Pty Ltd’s holdings in CF Industries were worth $2,123,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of CF. Cerity Partners LLC grew its stake in CF Industries by 16.8% during the third quarter. Cerity Partners LLC now owns 10,051 shares of the basic materials company’s stock valued at $862,000 after acquiring an additional 1,449 shares in the last quarter. Townsquare Capital LLC purchased a new position in shares of CF Industries during the 3rd quarter valued at $373,000. CreativeOne Wealth LLC increased its holdings in shares of CF Industries by 111.6% in the third quarter. CreativeOne Wealth LLC now owns 9,649 shares of the basic materials company’s stock worth $828,000 after purchasing an additional 5,089 shares during the period. Public Sector Pension Investment Board raised its position in shares of CF Industries by 17.1% in the third quarter. Public Sector Pension Investment Board now owns 7,514 shares of the basic materials company’s stock worth $645,000 after buying an additional 1,100 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its stake in CF Industries by 17.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 586,919 shares of the basic materials company’s stock valued at $50,358,000 after buying an additional 88,432 shares during the period. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Down 0.8 %

CF opened at $77.35 on Monday. The company has a market cap of $13.11 billion, a P/E ratio of 11.43, a P/E/G ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The business’s 50-day moving average price is $82.49 and its 200-day moving average price is $85.14. 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 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 return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. On average, equities analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a 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

Several analysts have weighed in on the company. UBS Group lowered their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price on the stock in a research note on Monday, February 24th. The Goldman Sachs Group assumed coverage on shares of CF Industries in a research note on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price target for the company. Oppenheimer lowered their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Finally, Piper Sandler upped their target price on shares of 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, eight have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $89.86.

Insider Buying and Selling at CF Industries

In other news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction that occurred 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 transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The transaction 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 firm’s stock in a transaction 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 sale, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at $8,878,656. The trade was a 1.60 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is currently owned by company insiders.

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.