CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by AMG National Trust Bank

AMG National Trust Bank raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 48.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,324 shares of the basic materials company’s stock after purchasing an additional 4,984 shares during the quarter. AMG National Trust Bank’s holdings in CF Industries were worth $1,288,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Jackson Creek Investment Advisors LLC acquired a new position in shares of CF Industries in the 4th quarter valued at $279,000. Ashton Thomas Private Wealth LLC lifted its holdings in shares of CF Industries by 10.1% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 8,921 shares of the basic materials company’s stock valued at $761,000 after acquiring an additional 817 shares in the last quarter. Candriam S.C.A. lifted its holdings in shares of CF Industries by 61.9% during the 4th quarter. Candriam S.C.A. now owns 14,505 shares of the basic materials company’s stock valued at $1,238,000 after acquiring an additional 5,544 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of CF Industries during the 4th quarter valued at $14,883,000. Finally, Verdence Capital Advisors LLC lifted its holdings in shares of CF Industries by 91.1% during the 4th quarter. Verdence Capital Advisors LLC now owns 5,801 shares of the basic materials company’s stock valued at $495,000 after acquiring an additional 2,765 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of NYSE:CF opened at $77.28 on Friday. 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 Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The firm has a 50-day simple moving average of $86.57 and a 200 day simple moving average of $85.44. The company has a market cap of $13.10 billion, a PE ratio of 11.42, a P/E/G ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. On average, sell-side analysts anticipate 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. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio is presently 29.54%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CF shares. Barclays cut their price objective on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a report on Wednesday. Piper Sandler boosted their price objective on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Royal Bank of Canada cut their price objective 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. Oppenheimer cut their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their price objective for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, CF Industries has an average rating of “Hold” and a consensus price target of $90.15.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the business’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 directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the business’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 $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock valued at $1,130,955 in the last quarter. Insiders own 0.42% of the company’s stock.

CF Industries Company Profile

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.