AustralianSuper Pty Ltd Acquires 93,560 Shares of CF Industries Holdings, Inc. (NYSE:CF)

AustralianSuper Pty Ltd raised its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 8.6% in the fourth quarter, HoldingsChannel reports. The firm owned 1,187,445 shares of the basic materials company’s stock after buying an additional 93,560 shares during the quarter. AustralianSuper Pty Ltd’s holdings in CF Industries were worth $101,313,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of CF. Victory Capital Management Inc. raised its position in CF Industries by 15.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after purchasing an additional 549,569 shares during the last quarter. International Assets Investment Management LLC raised its position in CF Industries by 7,617.5% during the 3rd quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock valued at $375,440,000 after purchasing an additional 431,910 shares during the last quarter. Barclays PLC raised its position in CF Industries by 68.9% during the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock valued at $63,263,000 after purchasing an additional 300,873 shares during the last quarter. FMR LLC raised its position in CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after purchasing an additional 300,050 shares during the last quarter. Finally, Yaupon Capital Management LP bought a new position in CF Industries during the 3rd quarter valued at approximately $17,437,000. Institutional investors own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CF shares. UBS Group increased their target price on CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 28th. Piper Sandler increased their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Royal Bank of Canada lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price for the company. in a research report on Tuesday, January 21st. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Finally, Redburn Atlantic started coverage on CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price for the company. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $92.43.

CF Industries Stock Performance

Shares of CF opened at $82.45 on Friday. The business’s fifty day simple moving average is $88.69 and its two-hundred day simple moving average is $85.27. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The company has a market cap of $14.35 billion, a price-to-earnings ratio of 13.05, a P/E/G ratio of 0.39 and a beta of 0.98.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.43%. CF Industries’s dividend payout ratio is 31.65%.

Insider Buying and Selling at CF Industries

In other news, VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the transaction, the vice president now directly owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This represents a 23.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares in the company, valued at $9,077,640. The trade was a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,389 shares of company stock worth $2,355,425. Insiders own 0.42% of the company’s stock.

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.