Sei Investments Co. Raises Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Sei Investments Co. boosted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 4.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,460,993 shares of the basic materials company’s stock after buying an additional 68,164 shares during the period. Sei Investments Co.’s holdings in CF Industries were worth $124,652,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Heck Capital Advisors LLC bought a new position in shares of CF Industries in the fourth quarter worth approximately $34,000. Brooklyn Investment Group bought a new stake in CF Industries in the 3rd quarter worth $39,000. Creative Financial Designs Inc. ADV increased its position in shares of CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 161 shares during the period. Asset Planning Inc bought a new position in shares of CF Industries during the fourth quarter valued at about $44,000. Finally, Arlington Trust Co LLC raised its stake in shares of CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 460 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the sale, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The transaction 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 dated 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 directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CF. Royal Bank of Canada reduced their price target on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Piper Sandler boosted their target price on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. Barclays decreased their price objective on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. Finally, Oppenheimer cut their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and an average price target of $89.86.

CF Industries Stock Performance

Shares of CF opened at $76.88 on Friday. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The stock has a market cap 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. The business’s 50 day moving average price is $84.43 and its 200-day moving average price is $85.15. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $1.50 billion. Equities research analysts anticipate 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 disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is 29.54%.

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.