Horizon Investments LLC Grows Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Horizon Investments LLC grew its holdings in CF Industries Holdings, Inc. (NYSE:CFGet Rating) by 28.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,364 shares of the basic materials company’s stock after acquiring an additional 2,051 shares during the period. Horizon Investments LLC’s holdings in CF Industries were worth $961,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CF. Hazlett Burt & Watson Inc. purchased a new stake in shares of CF Industries in the first quarter worth about $26,000. Catalyst Capital Advisors LLC boosted its holdings in CF Industries by 64.3% in the 4th quarter. Catalyst Capital Advisors LLC now owns 363 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 142 shares during the period. Goldstream Capital Management Ltd acquired a new stake in CF Industries in the first quarter valued at approximately $50,000. Pittenger & Anderson Inc. purchased a new stake in shares of CF Industries during the first quarter valued at approximately $52,000. Finally, Signaturefd LLC lifted its position in shares of CF Industries by 32.7% during the first quarter. Signaturefd LLC now owns 528 shares of the basic materials company’s stock worth $54,000 after purchasing an additional 130 shares in the last quarter. Institutional investors and hedge funds own 94.43% of the company’s stock.

Insider Transactions at CF Industries

In related news, CEO W Anthony Will sold 102,520 shares of the firm’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $110.16, for a total value of $11,293,603.20. Following the sale, the chief executive officer now directly owns 322,916 shares in the company, valued at approximately $35,572,426.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other CF Industries news, Director Anne P. Noonan sold 3,000 shares of the business’s stock in a transaction dated Friday, August 26th. The shares were sold at an average price of $118.64, for a total transaction of $355,920.00. Following the sale, the director now directly owns 26,411 shares in the company, valued at approximately $3,133,401.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO W Anthony Will sold 102,520 shares of the company’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $110.16, for a total transaction of $11,293,603.20. Following the completion of the sale, the chief executive officer now directly owns 322,916 shares of the company’s stock, valued at $35,572,426.56. The disclosure for this sale can be found here. Over the last three months, insiders sold 166,484 shares of company stock worth $18,431,301. Company insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

CF has been the topic of several analyst reports. Royal Bank of Canada lifted their price target on shares of CF Industries from $100.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 14th. Citigroup upgraded CF Industries from a “neutral” rating to a “buy” rating and set a $117.00 price target on the stock in a research note on Wednesday, August 3rd. Scotiabank upgraded CF Industries from a “sector perform” rating to a “sector outperform” rating in a research note on Wednesday, August 3rd. Barclays raised CF Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $103.00 to $120.00 in a research report on Wednesday, August 10th. Finally, Piper Sandler raised 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. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $101.73.

CF Industries Trading Up 1.2 %

Shares of NYSE CF opened at $103.68 on Monday. The company has a market cap of $20.66 billion, a price-to-earnings ratio of 8.50, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The stock’s 50 day simple moving average is $97.30 and its 200 day simple moving average is $96.74. The company has a current ratio of 3.41, a quick ratio of 2.95 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 12-month low of $44.83 and a 12-month high of $119.60.

CF Industries (NYSE:CFGet Rating) last announced its quarterly earnings results on Monday, August 1st. The basic materials company reported $6.19 earnings per share (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 analyst estimates of $3.50 billion. During the same period last year, the firm posted $1.14 EPS. The business’s revenue was up 113.4% compared to the same quarter last year. Equities research analysts expect that CF Industries Holdings, Inc. will post 19.17 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Monday, August 15th were issued a dividend of $0.40 per share. The ex-dividend date was Friday, August 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.54%. CF Industries’s dividend payout ratio (DPR) is presently 13.11%.

About CF Industries

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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.

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

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