7,284 Shares in CF Industries Holdings, Inc. (NYSE:CF) Bought by Chesapeake Capital Corp IL

Chesapeake Capital Corp IL acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 7,284 shares of the basic materials company’s stock, valued at approximately $621,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of CF. Heck Capital Advisors LLC purchased a new position in shares of CF Industries in the fourth quarter valued at $34,000. Brooklyn Investment Group purchased a new position in CF Industries in the 3rd quarter valued at about $39,000. Creative Financial Designs Inc. ADV grew its stake in shares of CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 161 shares in the last quarter. Asset Planning Inc purchased a new stake in shares of CF Industries during the fourth quarter worth about $44,000. Finally, Arlington Trust Co LLC lifted its stake in shares of CF Industries by 422.0% in the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after acquiring an additional 460 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares of the company’s stock, valued at $8,928,670. The trade was a 1.57 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,889 shares of company stock worth $1,130,955 in the last ninety days. 0.42% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have issued reports on CF. Royal Bank of Canada dropped their price objective on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Piper Sandler upped their price target on shares of CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, January 27th. JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Scotiabank cut their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research note on Monday, February 24th. Finally, Bank of America upgraded CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price target for the company in a research note on Monday, February 24th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $89.86.

CF Industries Stock Down 1.8 %

NYSE:CF opened at $76.37 on Wednesday. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The stock has a 50 day moving average of $85.06 and a 200-day moving average of $85.26. The firm has a market capitalization of $12.95 billion, a PE ratio of 11.28, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. Analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.62%. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

About CF Industries

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.