CF Industries Holdings, Inc. (NYSE:CF) Shares Acquired by Swedbank AB

Swedbank AB boosted its position in CF Industries Holdings, Inc. (NYSE:CF) by 3.8% in the 3rd quarter, Holdings Channel reports. The fund owned 271,198 shares of the basic materials company’s stock after purchasing an additional 9,815 shares during the period. Swedbank AB’s holdings in CF Industries were worth $23,269,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. First Horizon Advisors Inc. boosted its holdings in shares of CF Industries by 8.5% during the second quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock worth $139,000 after purchasing an additional 146 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in CF Industries by 28.1% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after buying an additional 167 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in CF Industries by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock valued at $2,004,000 after buying an additional 179 shares during the period. UMB Bank n.a. increased its stake in shares of CF Industries by 40.4% during the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 191 shares during the last quarter. Finally, Westwood Holdings Group Inc. lifted its holdings in shares of CF Industries by 6.2% during the 2nd quarter. Westwood Holdings Group Inc. now owns 3,399 shares of the basic materials company’s stock worth $252,000 after acquiring an additional 197 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Scotiabank upped their price target on shares of CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research report on Monday, August 12th. BMO Capital Markets increased their target price on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Piper Sandler boosted their price target on CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a research report on Friday, November 8th. UBS Group raised their price objective on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Finally, Redburn Atlantic assumed coverage on CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 target price for the company. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $88.42.

Insider Transactions at CF Industries

In other news, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at approximately $5,964,120. This trade represents a 2.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total transaction of $264,000.00. Following the completion of the sale, the executive vice president now directly owns 103,155 shares in the company, valued at $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 19,201 shares of company stock valued at $1,727,694. 0.48% of the stock is currently owned by insiders.

CF Industries Stock Performance

CF Industries stock opened at $87.42 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $91.06. The stock’s 50 day moving average price is $85.41 and its 200 day moving average price is $79.47. The firm has a market capitalization of $15.21 billion, a PE ratio of 13.83, a price-to-earnings-growth ratio of 2.37 and a beta of 0.97.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.50. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.85 earnings per share. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.29%. CF Industries’s dividend payout ratio is presently 31.65%.

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.