Kovitz Investment Group Partners LLC Invests $380,000 in CF Industries Holdings, Inc. (NYSE:CF)

Kovitz Investment Group Partners LLC bought a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 4,452 shares of the basic materials company's stock, valued at approximately $380,000.

Several other institutional investors have also modified their holdings of CF. Barclays PLC increased its holdings in shares of CF Industries by 68.9% during the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock worth $63,263,000 after buying an additional 300,873 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its stake in shares of CF Industries by 8.7% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 28,364 shares of the basic materials company's stock valued at $2,434,000 after purchasing an additional 2,270 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of CF Industries during the 3rd quarter worth $993,000. Tidal Investments LLC boosted its stake in CF Industries by 94.7% during the third quarter. Tidal Investments LLC now owns 40,616 shares of the basic materials company's stock worth $3,485,000 after buying an additional 19,760 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of CF Industries by 13.4% during the third quarter. Franklin Resources Inc. now owns 245,742 shares of the basic materials company's stock valued at $21,380,000 after acquiring an additional 29,101 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Piper Sandler lifted their target price on shares of CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, January 27th. Oppenheimer downgraded CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. BNP Paribas upgraded CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and cut their price target for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. Finally, Royal Bank of Canada lowered their price objective on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $89.29.

CF Industries Stock Performance

CF stock traded up $0.63 on Tuesday, hitting $81.55. The company's stock had a trading volume of 867,188 shares, compared to its average volume of 2,094,064. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The stock has a market cap of $13.82 billion, a price-to-earnings ratio of 12.05, a price-to-earnings-growth ratio of 0.37 and a beta of 0.94. The firm has a 50 day moving average of $76.21 and a two-hundred day moving average of $83.29.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. Equities analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.45%. The ex-dividend date is Thursday, May 15th. CF Industries's payout ratio 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.