Catalyst Capital Advisors LLC Boosts Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Catalyst Capital Advisors LLC grew its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 30.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 859 shares of the basic materials company’s stock after buying an additional 199 shares during the period. Catalyst Capital Advisors LLC’s holdings in CF Industries were worth $73,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in shares of CF Industries during the 4th quarter valued at about $34,000. Brooklyn Investment Group purchased a new position in CF Industries in the 3rd quarter worth approximately $39,000. Asset Planning Inc purchased a new position in CF Industries in the 4th quarter worth approximately $44,000. Arlington Trust Co LLC lifted its holdings 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 position in CF Industries in the 4th quarter worth approximately $49,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on CF. Barclays cut CF Industries from an “overweight” rating to an “equal weight” rating and boosted their price target for the stock from $96.00 to $100.00 in a report on Tuesday, January 21st. Scotiabank reissued a “sector underperform” rating and issued a $88.00 price target on shares of CF Industries in a report on Friday, January 24th. Oppenheimer lowered their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Piper Sandler boosted their price target on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Finally, Royal Bank of Canada downgraded CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective on the stock. in a research note on Tuesday, January 21st. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $92.43.

CF Industries Stock Performance

NYSE CF opened at $83.21 on Wednesday. The company has a market cap of $14.48 billion, a P/E ratio of 13.17, a P/E/G ratio of 0.39 and a beta of 0.98. 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 business’s 50 day moving average price is $88.46 and its 200-day moving average price is $85.51. 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. Stockholders of record on Friday, February 14th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, February 14th. CF Industries’s dividend payout ratio is currently 31.65%.

Insider Activity

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the company’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 transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at $8,878,656. This represents a 1.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 7,000 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the transaction, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. This trade represents a 23.96 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,389 shares of company stock valued at $2,091,425. 0.42% of the stock is currently owned by insiders.

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.