Pine Valley Investments Ltd Liability Co Has $3.56 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Pine Valley Investments Ltd Liability Co increased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 47.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,709 shares of the basic materials company’s stock after purchasing an additional 13,345 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in CF Industries were worth $3,559,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. FMR LLC raised its holdings in shares of CF Industries by 3.8% in the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after buying an additional 300,050 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in CF Industries by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock worth $477,668,000 after acquiring an additional 22,392 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of CF Industries by 15.1% during the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after acquiring an additional 549,569 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of CF Industries by 10.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock valued at $111,582,000 after purchasing an additional 120,193 shares in the last quarter. Finally, AustralianSuper Pty Ltd grew its holdings in shares of CF Industries by 8.6% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company’s stock worth $101,313,000 after purchasing an additional 93,560 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 0.4 %

CF opened at $77.58 on Tuesday. The firm has a 50 day simple moving average of $87.73 and a 200 day simple moving average of $85.65. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The company has a market cap of $13.50 billion, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 0.37 and a beta of 0.98. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is currently 29.54%.

Insider Transactions at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,389 shares of company stock worth $1,455,965. 0.42% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Scotiabank cut their price target on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a report on Monday. UBS Group reduced their target price on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. JPMorgan Chase & Co. cut CF Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Piper Sandler boosted their price objective on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. Finally, Royal Bank of Canada lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price for the company. in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $91.86.

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.