Generali Asset Management SPA SGR Acquires New Shares in CF Industries Holdings, Inc. (NYSE:CF)

Generali Asset Management SPA SGR acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 99,848 shares of the basic materials company’s stock, valued at approximately $8,519,000. Generali Asset Management SPA SGR owned about 0.06% of CF Industries at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CF. Heck Capital Advisors LLC acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $34,000. Brooklyn Investment Group acquired a new position in shares of CF Industries in the third quarter valued at $39,000. Creative Financial Designs Inc. ADV grew its holdings in CF Industries by 50.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock valued at $41,000 after buying an additional 161 shares in the last quarter. Asset Planning Inc acquired a new position in CF Industries in the 4th quarter valued at $44,000. Finally, Arlington Trust Co LLC grew 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 valued at $49,000 after buying an additional 460 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,889 shares of company stock worth $1,130,955 over the last quarter. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Up 1.5 %

Shares of CF opened at $77.76 on Tuesday. The company has a market capitalization of $13.18 billion, a PE ratio of 11.49, a PEG 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 stock’s 50-day moving average price is $85.31 and its two-hundred day moving average price is $85.31. 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 released its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.40. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. On average, analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.57%. CF Industries’s payout ratio is 29.54%.

Analyst Ratings Changes

CF has been the topic of a number of research reports. Barclays decreased their price objective on CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 5th. The Goldman Sachs Group assumed coverage on CF Industries in a report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price objective on the stock. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price target on the stock in a research report on Monday, February 24th. Scotiabank reduced their price target on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research report on Monday, February 24th. Finally, Piper Sandler increased their price target 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 equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and an average price target of $89.86.

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.