Lester Murray Antman dba SimplyRich Makes New Investment in CF Industries Holdings, Inc. (NYSE:CF)

Lester Murray Antman dba SimplyRich acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,001 shares of the basic materials company’s stock, valued at approximately $256,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of CF. Arlington Trust Co LLC raised its stake 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 worth $49,000 after acquiring an additional 460 shares during the last quarter. Savant Capital LLC increased its holdings in shares of CF Industries by 20.3% in the fourth quarter. Savant Capital LLC now owns 5,447 shares of the basic materials company’s stock valued at $465,000 after purchasing an additional 921 shares during the period. Empowered Funds LLC raised its stake in shares of CF Industries by 30.6% in the fourth quarter. Empowered Funds LLC now owns 81,720 shares of the basic materials company’s stock worth $6,972,000 after purchasing an additional 19,156 shares during the last quarter. Vest Financial LLC lifted its holdings in shares of CF Industries by 20.3% during the fourth quarter. Vest Financial LLC now owns 414,376 shares of the basic materials company’s stock worth $35,355,000 after purchasing an additional 69,960 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in CF Industries by 21.3% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 25,382 shares of the basic materials company’s stock valued at $2,166,000 after buying an additional 4,457 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, 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 owns 103,155 shares of the company’s stock, valued at $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the transaction, the vice president now directly owns 22,211 shares in the company, valued at approximately $2,016,314.58. This represents a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock worth $2,355,425 over the last 90 days. 0.42% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target for the company. in a research report on Tuesday, January 21st. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Barclays cut CF Industries from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $96.00 to $100.00 in a report on Tuesday, January 21st. Redburn Atlantic initiated coverage on CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 target price on the stock. Finally, Scotiabank reissued a “sector underperform” rating and issued a $88.00 price target on shares of CF Industries in a report on Friday, January 24th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $92.43.

CF Industries Trading Down 2.3 %

Shares of NYSE:CF opened at $85.03 on Wednesday. The business’s 50 day moving average price is $89.17 and its 200-day moving average price is $85.27. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The firm has a market capitalization of $14.80 billion, a price-to-earnings ratio of 13.45, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52.

CF Industries Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 2.35%. The ex-dividend date is Friday, February 14th. CF Industries’s payout ratio is 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.