Catalyst Financial Partners LLC cut its holdings in CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 5.4% in the 4th quarter, HoldingsChannel reports. The fund owned 2,373 shares of the basic materials company’s stock after selling 135 shares during the period. Catalyst Financial Partners LLC’s holdings in CF Industries were worth $202,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Wolff Wiese Magana LLC acquired a new stake in shares of CF Industries during the 3rd quarter worth $28,000. Heck Capital Advisors LLC acquired a new stake in CF Industries in the 4th quarter valued at $34,000. Brooklyn Investment Group acquired a new stake in CF Industries in the 3rd quarter valued at $39,000. Arlington Trust Co LLC increased its holdings in CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 460 shares in the last quarter. Finally, Catalyst Capital Advisors LLC boosted its position in CF Industries by 262.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after buying an additional 478 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at CF Industries
In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the sale, the vice president now owns 22,211 shares in the company, valued at approximately $2,016,314.58. This trade represents a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total transaction of $264,000.00. Following the completion of the sale, the executive vice president now owns 103,155 shares in the company, valued at $9,077,640. The trade was a 2.83 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,389 shares of company stock worth $2,355,425. 0.42% of the stock is owned by company insiders.
CF Industries Price Performance
CF Industries Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.50 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.43%. CF Industries’s payout ratio is currently 31.65%.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. Royal Bank of Canada cut shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a research report on Tuesday, January 21st. Barclays cut shares of CF Industries from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $96.00 to $100.00 in a research report on Tuesday, January 21st. UBS Group upped their price objective on shares of CF Industries from $91.00 to $92.00 and gave the company a “neutral” rating in a research report on Tuesday, January 28th. Scotiabank reissued a “sector underperform” rating and issued a $88.00 price objective on shares of CF Industries in a research report on Friday, January 24th. Finally, Piper Sandler increased their price target on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $92.43.
View Our Latest Report on CF Industries
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.
See Also
- Five stocks we like better than CF Industries
- 3 Small Caps With Big Return Potential
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
- Stock Average Calculator
- Up 50% in January, Twilio’s Pullback Is the Time to Buy
- Transportation Stocks Investing
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF – Free Report).
Receive News & Ratings for CF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries and related companies with MarketBeat.com's FREE daily email newsletter.