Walnut Level Capital LLC Takes Position in CF Industries Holdings, Inc. (NYSE:CF)

Walnut Level Capital LLC purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 10,000 shares of the basic materials company’s stock, valued at approximately $853,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new stake in CF Industries in the 4th quarter valued at $34,000. Brooklyn Investment Group bought a new stake in CF Industries in the 3rd quarter valued at $39,000. Creative Financial Designs Inc. ADV lifted its position in CF Industries by 50.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 161 shares in the last quarter. Asset Planning Inc bought a new stake in CF Industries in the 4th quarter valued at $44,000. Finally, Arlington Trust Co LLC lifted its position in CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 460 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 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 value of $844,455.00. Following the transaction, the vice president now owns 15,871 shares in the company, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,889 shares of company stock worth $1,130,955. Insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. UBS Group cut their price target 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. Royal Bank of Canada cut their price target on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Piper Sandler boosted their price target on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Oppenheimer cut their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Finally, Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price target on the stock in a research report on Monday, February 24th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $89.86.

CF Industries Stock Down 0.0 %

Shares of CF stock opened at $76.88 on Monday. 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 firm’s 50-day moving average is $84.43 and its 200-day moving average is $85.19. The stock has a market cap of $13.03 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS 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 for the quarter, compared to analyst estimates of $1.50 billion. Sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.60%. CF Industries’s dividend payout ratio (DPR) is currently 29.54%.

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.