Norinchukin Bank The Has $667,000 Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Norinchukin Bank The lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,199 shares of the basic materials company’s stock after buying an additional 385 shares during the period. Norinchukin Bank The’s holdings in CF Industries were worth $667,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CF. Blair William & Co. IL increased its holdings in CF Industries by 0.8% in the first quarter. Blair William & Co. IL now owns 76,830 shares of the basic materials company’s stock valued at $7,918,000 after purchasing an additional 634 shares during the period. Moors & Cabot Inc. acquired a new stake in CF Industries in the first quarter valued at $245,000. Sequoia Financial Advisors LLC acquired a new stake in CF Industries in the first quarter valued at $232,000. National Pension Service acquired a new stake in CF Industries in the first quarter valued at $27,765,000. Finally, Vanguard Group Inc. grew its holdings in CF Industries by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 25,747,358 shares of the basic materials company’s stock worth $2,653,523,000 after acquiring an additional 94,482 shares during the period. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Douglas C. Barnard sold 9,700 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $80.37, for a total value of $779,589.00. Following the completion of the transaction, the executive vice president now directly owns 15,089 shares of the company’s stock, valued at approximately $1,212,702.93. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Mizuho increased their price target on CF Industries from $83.00 to $86.00 and gave the stock a “neutral” rating in a report on Friday, August 4th. Piper Sandler increased their price target on CF Industries from $80.00 to $92.00 in a report on Monday, August 7th. Barclays downgraded CF Industries from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $80.00 to $85.00 in a report on Monday, August 14th. Wells Fargo & Company increased their price target on CF Industries from $95.00 to $98.00 and gave the stock an “overweight” rating in a report on Monday, July 24th. Finally, Credit Suisse Group increased their price target on CF Industries from $66.00 to $71.00 and gave the stock an “underperform” rating in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $91.06.

CF Industries Price Performance

Shares of NYSE CF opened at $82.57 on Wednesday. CF Industries Holdings, Inc. has a fifty-two week low of $60.08 and a fifty-two week high of $112.44. The stock has a market cap of $15.93 billion, a price-to-earnings ratio of 6.84, a PEG ratio of 1.65 and a beta of 1.04. The company has a debt-to-equity ratio of 0.35, a quick ratio of 6.03 and a current ratio of 6.55. The firm’s 50-day simple moving average is $76.75 and its 200 day simple moving average is $73.98.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, August 2nd. The basic materials company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.55. CF Industries had a net margin of 27.36% and a return on equity of 31.18%. The business had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.85 billion. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 7.99 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Tuesday, August 15th were paid a $0.40 dividend. The ex-dividend date was Monday, August 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.94%. CF Industries’s dividend payout ratio is 13.25%.

About CF Industries

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.