GAMMA Investing LLC Acquires New Position in CF Industries Holdings, Inc. (NYSE:CF)

GAMMA Investing LLC bought a new position in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,026 shares of the basic materials company’s stock, valued at approximately $153,000.

Several other large investors also recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust grew its position in CF Industries by 1,127.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,624 shares of the basic materials company’s stock worth $606,000 after acquiring an additional 7,003 shares in the last quarter. Larson Financial Group LLC lifted its stake in shares of CF Industries by 101.2% in the fourth quarter. Larson Financial Group LLC now owns 1,173 shares of the basic materials company’s stock worth $93,000 after buying an additional 590 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of CF Industries by 19.0% in the fourth quarter. New York State Common Retirement Fund now owns 178,720 shares of the basic materials company’s stock worth $14,208,000 after buying an additional 28,579 shares during the last quarter. Duality Advisers LP lifted its stake in shares of CF Industries by 189.3% in the fourth quarter. Duality Advisers LP now owns 23,713 shares of the basic materials company’s stock worth $1,885,000 after buying an additional 15,517 shares during the last quarter. Finally, Handelsbanken Fonder AB lifted its stake in shares of CF Industries by 7.6% in the fourth quarter. Handelsbanken Fonder AB now owns 35,500 shares of the basic materials company’s stock worth $2,822,000 after buying an additional 2,500 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

Insider Transactions at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the sale, the executive vice president now owns 64,030 shares of the company’s stock, valued at approximately $5,442,550. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.42% of the stock is owned by insiders.

CF Industries Trading Up 0.1 %

Shares of CF Industries stock opened at $80.01 on Friday. The firm has a market capitalization of $15.02 billion, a PE ratio of 10.21, a price-to-earnings-growth ratio of 2.27 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44. The company’s fifty day moving average price is $81.55 and its two-hundred day moving average price is $79.67. CF Industries Holdings, Inc. has a 52-week low of $60.08 and a 52-week high of $87.90.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.12). The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.51 billion. CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The company’s quarterly revenue was down 39.8% compared to the same quarter last year. During the same period last year, the firm earned $4.35 EPS. On average, analysts expect that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s payout ratio is 25.51%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Wolfe Research assumed coverage on shares of CF Industries in a research note on Friday, March 1st. They issued an “outperform” rating and a $99.00 price objective for the company. Piper Sandler cut shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $87.00 to $82.00 in a research note on Thursday, February 29th. Bank of America restated a “neutral” rating and issued a $88.00 price objective (down from $96.00) on shares of CF Industries in a research note on Wednesday, April 10th. Berenberg Bank upped their target price on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. Finally, UBS Group cut shares of CF Industries from a “buy” rating to a “neutral” rating and cut their target price for the company from $95.00 to $83.00 in a research note on Wednesday, January 31st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus price target of $86.47.

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.