HUB Investment Partners LLC Invests $204,000 in CF Industries Holdings, Inc. (NYSE:CF)

HUB Investment Partners LLC acquired a new position in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 2,395 shares of the basic materials company’s stock, valued at approximately $204,000.

A number of other large investors have also recently made changes to their positions in the business. Checchi Capital Advisers LLC boosted its position in shares of CF Industries by 4.3% during the fourth quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company’s stock valued at $221,000 after purchasing an additional 108 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of CF Industries by 26.9% during the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 122 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its position in shares of CF Industries by 1.8% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company’s stock valued at $602,000 after purchasing an additional 126 shares in the last quarter. Ballentine Partners LLC boosted its position in shares of CF Industries by 2.3% during the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock valued at $482,000 after purchasing an additional 127 shares in the last quarter. Finally, Coldstream Capital Management Inc. boosted its position in shares of CF Industries by 4.9% during the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock valued at $247,000 after purchasing an additional 135 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Down 0.0 %

CF stock opened at $76.88 on Friday. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The business has a fifty day moving average price of $84.43 and a 200-day moving average price of $85.15. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The stock has a market capitalization of $13.03 billion, a P/E ratio of 11.36, a P/E/G ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.40. The firm 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 15.50% and a net margin of 20.52%. Equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced 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 2.60%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio is 29.54%.

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the 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 transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction dated Monday, January 13th. The shares were 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 directly owns 15,871 shares in the company, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CF. UBS Group dropped their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Oppenheimer dropped their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Scotiabank dropped their target price on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a report on Monday, February 24th. Piper Sandler boosted their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Finally, The Goldman Sachs Group initiated coverage on CF Industries in a report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 target price on the stock. 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’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $89.86.

About CF Industries

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.