Corient Private Wealth LLC Grows Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Corient Private Wealth LLC boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,092 shares of the basic materials company’s stock after buying an additional 338 shares during the quarter. Corient Private Wealth LLC’s holdings in CF Industries were worth $1,458,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CF. Central Pacific Bank Trust Division purchased a new stake in shares of CF Industries during the 4th quarter worth approximately $74,000. National Pension Service lifted its position in CF Industries by 2,848.4% in the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock valued at $24,776,000 after acquiring an additional 280,535 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in CF Industries in the fourth quarter valued at $51,000. Charles Schwab Investment Management Inc. grew its holdings in shares of CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock worth $494,202,000 after purchasing an additional 225,109 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of CF Industries by 14.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company’s stock worth $14,543,000 after purchasing an additional 21,632 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

Shares of NYSE:CF opened at $74.99 on Wednesday. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. The company has a 50-day moving average price of $83.66 and a 200 day moving average price of $85.15. The company has a market cap of $12.71 billion, a P/E ratio of 11.08, a PEG ratio of 0.37 and a beta of 0.99. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last posted its quarterly 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 return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Research analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Analyst Upgrades and Downgrades

CF has been the subject of a number of research analyst reports. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price for the company in a research report on Monday, February 24th. Barclays decreased their price objective on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. Royal Bank of Canada cut their target price on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $82.00 to $75.00 in a research report on Friday, January 24th. Finally, UBS Group lowered their price objective on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $89.86.

Insider Activity

In other news, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was 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 in the company, valued at $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock worth $1,130,955 in the last 90 days. 0.48% of the stock is currently owned by corporate insiders.

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.