Elo Mutual Pension Insurance Co Boosts Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Elo Mutual Pension Insurance Co lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 30.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,230 shares of the basic materials company’s stock after buying an additional 4,994 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in CF Industries were worth $1,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Heck Capital Advisors LLC bought a new position in shares of CF Industries in the 4th quarter worth approximately $34,000. Brooklyn Investment Group purchased a new position in CF Industries during the third quarter valued at $39,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of CF Industries by 50.8% during 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 purchased a new stake in shares of CF Industries in the 4th quarter worth about $44,000. Finally, Arlington Trust Co LLC lifted its position in CF Industries by 422.0% during the 4th 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 period. 93.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $82.00 to $75.00 in a research note on Friday, January 24th. 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, February 20th. 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. Bank of America upgraded CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price target for the company in a report on Monday, February 24th. Finally, Barclays dropped their price target on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 5th. Two research 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. According to data from MarketBeat, CF Industries presently has an average rating of “Hold” and an average price target of $89.86.

CF Industries Stock Down 0.8 %

CF opened at $77.35 on Friday. The stock has a market capitalization of $13.11 billion, a price-to-earnings ratio of 11.43, a PEG ratio of 0.37 and a beta of 0.99. The firm has a 50 day moving average price of $82.49 and a 200-day moving average price of $85.09. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating 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 firm had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.59%. CF Industries’s dividend payout ratio is currently 29.54%.

Insider Activity

In other CF Industries news, 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 transaction of $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the company’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 $142,500.00. Following the completion of the sale, the executive vice president now owns 93,986 shares of the company’s stock, valued at approximately $8,928,670. The trade was a 1.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock valued at $1,130,955 in the last quarter. 0.48% 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.