CSM Advisors LLC Makes New $7.16 Million Investment in CF Industries Holdings, Inc. (NYSE:CF)

CSM Advisors LLC bought a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 83,857 shares of the basic materials company's stock, valued at approximately $7,155,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of CF. Fuller & Thaler Asset Management Inc. grew its holdings in CF Industries by 34.0% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 7,158 shares of the basic materials company's stock valued at $611,000 after buying an additional 1,815 shares in the last quarter. MGO One Seven LLC grew its holdings in shares of CF Industries by 87.8% in the fourth quarter. MGO One Seven LLC now owns 5,383 shares of the basic materials company's stock valued at $459,000 after purchasing an additional 2,516 shares during the period. Quantessence Capital LLC acquired a new stake in CF Industries during the fourth quarter worth about $446,000. State of Tennessee Department of Treasury raised its stake in CF Industries by 66.3% during the fourth quarter. State of Tennessee Department of Treasury now owns 81,818 shares of the basic materials company's stock worth $6,981,000 after purchasing an additional 32,607 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in CF Industries by 97.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 12,688 shares of the basic materials company's stock valued at $1,083,000 after purchasing an additional 6,246 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Scotiabank raised shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price target on the stock in a research report on Wednesday, April 9th. JPMorgan Chase & Co. downgraded CF Industries from a "neutral" rating to an "underweight" rating and reduced their target price for the company from $82.00 to $75.00 in a research report on Friday, January 24th. Bank of America upgraded CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target for the company in a report on Monday, February 24th. Oppenheimer lowered shares of CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. Finally, Piper Sandler increased their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $89.29.

CF Industries Trading Up 1.0 %

NYSE CF traded up $0.79 on Monday, hitting $79.26. 897,014 shares of the company were exchanged, compared to its average volume of 2,097,895. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $98.25. The company's 50 day moving average price is $76.15 and its 200-day moving average price is $83.54. The firm has a market capitalization of $13.44 billion, a P/E ratio of 11.70, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results 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 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 the consensus estimate of $1.50 billion. Analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm 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 of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.52%. CF Industries's dividend payout ratio (DPR) is 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.