BI Asset Management Fondsmaeglerselskab A S Has $11.89 Million Holdings in CF Industries Holdings, Inc. (NYSE:CF)

BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 679.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 139,359 shares of the basic materials company's stock after purchasing an additional 121,474 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned 0.08% of CF Industries worth $11,890,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP boosted its stake in shares of CF Industries by 3.5% during the 4th quarter. First Trust Advisors LP now owns 4,425,518 shares of the basic materials company's stock worth $377,585,000 after acquiring an additional 150,461 shares in the last quarter. Forum Financial Management LP boosted its position in CF Industries by 5.5% during the fourth quarter. Forum Financial Management LP now owns 3,762 shares of the basic materials company's stock worth $321,000 after purchasing an additional 196 shares in the last quarter. Zacks Investment Management purchased a new position in shares of CF Industries in the fourth quarter valued at $1,969,000. NewEdge Advisors LLC boosted its position in shares of CF Industries by 3.0% in the 4th quarter. NewEdge Advisors LLC now owns 12,548 shares of the basic materials company's stock worth $1,071,000 after buying an additional 362 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in CF Industries during the 4th quarter valued at about $609,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CF has been the subject of a number of analyst reports. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price target for the company in a report on Wednesday, April 9th. Piper Sandler raised their price target 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. Oppenheimer lowered shares of CF Industries from an "outperform" rating to a "market perform" rating in a research report on Tuesday. JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and decreased their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Finally, BNP Paribas raised shares of CF Industries to a "strong-buy" rating in a research note on Wednesday, April 9th. One investment 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $89.29.

CF Industries Stock Up 0.6 %

NYSE CF traded up $0.47 during trading on Friday, reaching $77.77. 733,225 shares of the company's stock were exchanged, compared to its average volume of 2,093,165. The firm has a market capitalization of $13.19 billion, a PE ratio of 11.51, a P/E/G ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week 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 company's fifty day simple moving average is $76.24 and its 200-day simple moving average is $83.65.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The firm 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.57%. The ex-dividend date was Friday, February 14th. CF Industries's payout ratio is currently 29.54%.

CF Industries 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.