Metis Global Partners LLC Has $1.61 Million Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Metis Global Partners LLC raised its position in CF Industries Holdings, Inc. (NYSE:CF) by 0.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 18,817 shares of the basic materials company’s stock after acquiring an additional 138 shares during the period. Metis Global Partners LLC’s holdings in CF Industries were worth $1,605,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in CF. Central Pacific Bank Trust Division purchased a new position in shares of CF Industries during the fourth quarter valued at approximately $74,000. Kingsview Wealth Management LLC purchased a new position in shares of CF Industries during the third quarter valued at approximately $3,149,000. AMG National Trust Bank purchased a new position in shares of CF Industries during the third quarter valued at approximately $887,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of CF Industries by 14.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company’s stock valued at $14,543,000 after buying an additional 21,632 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its position in shares of CF Industries by 118.7% during the third quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock valued at $1,372,000 after buying an additional 8,679 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CF. Barclays cut CF Industries from an “overweight” rating to an “equal weight” rating and boosted their price objective for the stock from $96.00 to $100.00 in a research report on Tuesday, January 21st. Royal Bank of Canada cut their price objective on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Piper Sandler boosted their price objective on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective on the stock in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. cut CF Industries from a “neutral” rating to an “underweight” rating and cut their price objective for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, CF Industries currently has an average rating of “Hold” and an average price target of $90.54.

CF Industries Stock Performance

Shares of CF opened at $77.92 on Tuesday. The firm has a market cap of $13.21 billion, a PE ratio of 11.51, a PEG ratio of 0.37 and a beta of 0.98. The stock’s fifty day moving average price is $87.13 and its two-hundred day moving average price is $85.60. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. 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 disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors 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 2.57%. CF Industries’s payout ratio is 29.54%.

Insider Activity at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the company’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 transaction, the executive vice president now owns 92,486 shares in the company, valued at $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is owned by company insiders.

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.