Walleye Capital LLC Purchases New Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Walleye Capital LLC purchased a new position in CF Industries Holdings, Inc. (NYSE:CFGet Rating) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 8,939 shares of the basic materials company’s stock, valued at approximately $921,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Signaturefd LLC raised its position in CF Industries by 32.7% in the 1st quarter. Signaturefd LLC now owns 528 shares of the basic materials company’s stock worth $54,000 after buying an additional 130 shares during the last quarter. Jacobi Capital Management LLC lifted its holdings in shares of CF Industries by 3.0% during the 1st quarter. Jacobi Capital Management LLC now owns 4,741 shares of the basic materials company’s stock valued at $489,000 after buying an additional 136 shares during the period. State of Michigan Retirement System boosted its stake in shares of CF Industries by 0.3% in the 1st quarter. State of Michigan Retirement System now owns 54,154 shares of the basic materials company’s stock worth $5,581,000 after buying an additional 142 shares during the last quarter. Commerce Bank lifted its holdings in CF Industries by 0.9% in the fourth quarter. Commerce Bank now owns 15,854 shares of the basic materials company’s stock valued at $1,122,000 after acquiring an additional 144 shares during the period. Finally, Eaton Vance Management grew its stake in shares of CF Industries by 3.4% during the 1st quarter. Eaton Vance Management now owns 4,727 shares of the basic materials company’s stock valued at $487,000 after purchasing an additional 157 shares during the period. Institutional investors own 94.43% of the company’s stock.

Insider Activity at CF Industries

In other CF Industries news, Director Anne P. Noonan sold 3,000 shares of the firm’s stock in a transaction on Friday, August 26th. The stock was sold at an average price of $118.64, for a total transaction of $355,920.00. Following the transaction, the director now directly owns 26,411 shares in the company, valued at approximately $3,133,401.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Anne P. Noonan sold 3,000 shares of the stock in a transaction that occurred on Friday, August 26th. The shares were sold at an average price of $118.64, for a total transaction of $355,920.00. Following the transaction, the director now directly owns 26,411 shares in the company, valued at $3,133,401.04. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Bert A. Frost sold 20,964 shares of the business’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $112.01, for a total transaction of $2,348,177.64. Following the completion of the transaction, the vice president now directly owns 41,424 shares of the company’s stock, valued at approximately $4,639,902.24. The disclosure for this sale can be found here. Insiders sold 166,484 shares of company stock worth $18,431,301 in the last 90 days. 0.42% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on CF shares. Scotiabank raised shares of CF Industries from a “sector perform” rating to a “sector outperform” rating in a report on Wednesday, August 3rd. Credit Suisse Group upped their price target on CF Industries from $73.00 to $78.00 and gave the stock an “underperform” rating in a research report on Tuesday, August 2nd. UBS Group raised their target price on shares of CF Industries from $108.00 to $128.00 in a research note on Thursday, August 25th. Piper Sandler upped their price target on shares of CF Industries from $120.00 to $132.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 31st. Finally, Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $103.00 to $120.00 in a report on Wednesday, August 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight 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 target price of $104.21.

CF Industries Stock Up 4.9 %

Shares of CF opened at $103.47 on Tuesday. The company has a quick ratio of 2.95, a current ratio of 3.41 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 52-week low of $46.83 and a 52-week high of $119.60. The company has a market cap of $20.62 billion, a PE ratio of 8.48, a P/E/G ratio of 0.86 and a beta of 1.02. The business has a fifty day moving average of $99.23 and a 200 day moving average of $97.44.

CF Industries (NYSE:CFGet Rating) last issued its quarterly earnings results on Monday, August 1st. The basic materials company reported $6.19 EPS for the quarter, missing the consensus estimate of $6.23 by ($0.04). CF Industries had a net margin of 25.28% and a return on equity of 49.10%. The firm had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. The business’s revenue for the quarter was up 113.4% on a year-over-year basis. On average, sell-side analysts expect that CF Industries Holdings, Inc. will post 19.17 EPS for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Monday, August 15th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date was Friday, August 12th. CF Industries’s payout ratio is presently 13.11%.

CF Industries Profile

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CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

See Also

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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