Amalgamated Bank Has $2.86 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Amalgamated Bank lessened its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,466 shares of the basic materials company’s stock after selling 2,276 shares during the period. Amalgamated Bank’s holdings in CF Industries were worth $2,855,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CF. Commonwealth Retirement Investments LLC lifted its holdings in shares of CF Industries by 4.7% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 14,161 shares of the basic materials company’s stock valued at $1,208,000 after purchasing an additional 642 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its stake in CF Industries by 47.0% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 41,709 shares of the basic materials company’s stock worth $3,559,000 after acquiring an additional 13,345 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in CF Industries during the 4th quarter worth about $2,149,000. Howard Capital Management Inc. grew its stake in CF Industries by 1.0% during the 4th quarter. Howard Capital Management Inc. now owns 50,684 shares of the basic materials company’s stock valued at $4,324,000 after acquiring an additional 495 shares in the last quarter. Finally, Fisher Funds Management LTD acquired a new position in shares of CF Industries in the 4th quarter valued at about $8,932,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Up 1.8 %

CF opened at $80.99 on Friday. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The business has a 50 day moving average price of $87.27 and a 200 day moving average price of $85.58. The firm has a market cap of $13.73 billion, a P/E ratio of 11.96, a price-to-earnings-growth ratio of 0.37 and a beta of 0.98.

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

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid 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 2.47%. CF Industries’s payout ratio is presently 29.54%.

Insider Buying and Selling

In other news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the transaction, the executive vice president now owns 93,986 shares of the company’s stock, valued at approximately $8,928,670. This represents a 1.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,389 shares of company stock valued at $1,455,965. Insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CF. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $82.00 to $75.00 in a report on Friday, January 24th. UBS Group decreased their target price on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Piper Sandler upped their price target on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective for the company in a research report on Monday, February 24th. Finally, Scotiabank lowered their target price on 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. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $90.54.

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.