Paradiem LLC Has $1.26 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Paradiem LLC decreased its stake in CF Industries Holdings, Inc. (NYSE:CF) by 56.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,891 shares of the basic materials company’s stock after selling 20,294 shares during the quarter. Paradiem LLC’s holdings in CF Industries were worth $1,263,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of CF. CWM LLC boosted its position in CF Industries by 15.5% during the 3rd quarter. CWM LLC now owns 2,748 shares of the basic materials company’s stock worth $236,000 after acquiring an additional 368 shares during the period. Czech National Bank raised its stake in shares of CF Industries by 46.1% during the 3rd quarter. Czech National Bank now owns 33,724 shares of the basic materials company’s stock worth $2,891,000 after purchasing an additional 10,642 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of CF Industries by 0.4% during the 3rd quarter. Asset Management One Co. Ltd. now owns 77,557 shares of the basic materials company’s stock worth $6,650,000 after purchasing an additional 336 shares in the last quarter. Handelsbanken Fonder AB raised its stake in shares of CF Industries by 6.5% during the 3rd quarter. Handelsbanken Fonder AB now owns 33,000 shares of the basic materials company’s stock worth $2,829,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Ballentine Partners LLC purchased a new stake in shares of CF Industries during the 3rd quarter worth about $233,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CF. Royal Bank of Canada reissued an “outperform” rating and issued a $95.00 price objective on shares of CF Industries in a research note on Friday, February 16th. Wells Fargo & Company cut their price objective on CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a research note on Friday, February 16th. Berenberg Bank raised their price objective on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. UBS Group downgraded CF Industries from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $95.00 to $83.00 in a research report on Wednesday, January 31st. Finally, Piper Sandler downgraded CF Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $87.00 to $82.00 in a research report on Thursday, February 29th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $86.47.

CF Industries Price Performance

CF stock traded up $0.03 during trading on Friday, hitting $80.00. The company had a trading volume of 1,380,428 shares, compared to its average volume of 2,263,422. The company has a fifty day moving average price of $81.60 and a two-hundred day moving average price of $79.59. The company has a current ratio of 3.81, a quick ratio of 3.44 and a debt-to-equity ratio of 0.35. The company has a market cap of $15.02 billion, a P/E ratio of 10.20, a P/E/G ratio of 2.28 and a beta of 1.03. CF Industries Holdings, Inc. has a fifty-two week low of $60.08 and a fifty-two week high of $87.90.

CF Industries (NYSE:CF) last issued its quarterly earnings data 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). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the firm posted $4.35 EPS. The company’s revenue for the quarter was down 39.8% compared to the same quarter last year. Equities research analysts expect that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

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 given a dividend of $0.50 per share. The ex-dividend date is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.50%. CF Industries’s payout ratio is currently 25.51%.

Insider Transactions at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the business’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total transaction of $510,000.00. Following the completion of the sale, the executive vice president now owns 64,030 shares in the company, valued at $5,442,550. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.42% of the stock is currently owned by corporate insiders.

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.