Winebrenner Capital Management LLC Takes $2.56 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Winebrenner Capital Management LLC bought a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 30,000 shares of the basic materials company’s stock, valued at approximately $2,560,000. CF Industries accounts for approximately 2.0% of Winebrenner Capital Management LLC’s investment portfolio, making the stock its 9th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division bought a new stake in CF Industries during the 4th quarter valued at approximately $74,000. Kingsview Wealth Management LLC bought a new stake in CF Industries during the 3rd quarter valued at approximately $3,149,000. AMG National Trust Bank bought a new stake in shares of CF Industries in the 3rd quarter worth approximately $887,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of CF Industries by 14.4% in 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. Finally, Quantinno Capital Management LP lifted its position in shares of CF Industries by 118.7% in the 3rd quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock worth $1,372,000 after acquiring an additional 8,679 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Down 2.9 %

NYSE CF opened at $77.90 on Friday. The stock has a fifty day moving average of $87.91 and a 200-day moving average of $85.50. The stock has a market capitalization of $13.56 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. The company had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a return on equity of 15.33% and a net margin of 20.52%. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.50 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.57%. CF Industries’s dividend payout ratio is currently 29.54%.

Analyst Ratings Changes

A number of analysts have commented on the company. Scotiabank reiterated a “sector underperform” rating and issued a $88.00 price objective on shares of CF Industries in a research report on Friday, January 24th. Royal Bank of Canada downgraded CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a research report on Tuesday, January 21st. UBS Group reduced their price objective on CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday. Barclays downgraded CF Industries from an “overweight” rating to an “equal weight” rating and raised their price objective for the stock from $96.00 to $100.00 in a research report on Tuesday, January 21st. Finally, Piper Sandler raised their price target on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, CF Industries has a consensus rating of “Hold” and a consensus target price of $92.29.

Insider Transactions at CF Industries

In other news, 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 transaction, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This trade represents a 1.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 value of $844,455.00. Following the completion of the transaction, the vice president now owns 15,871 shares in the company, valued at $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,389 shares of company stock worth $1,455,965 in the last three months. Insiders own 0.42% of the company’s stock.

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.