Tower Research Capital LLC TRC Purchases 6,246 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Tower Research Capital LLC TRC raised its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 97.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 12,688 shares of the basic materials company's stock after acquiring an additional 6,246 shares during the period. Tower Research Capital LLC TRC's holdings in CF Industries were worth $1,083,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

CF has been the topic of several recent analyst reports. Piper Sandler raised their price objective on CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, January 27th. Barclays dropped their price target on shares of CF Industries from $95.00 to $87.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. UBS Group decreased their price objective on shares of CF Industries from $90.00 to $79.00 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. BNP Paribas upgraded CF Industries to a "strong-buy" rating in a research note on Wednesday, April 9th. Finally, Royal Bank of Canada decreased their price target on CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $89.29.

CF Industries Trading Down 2.4 %

Shares of CF traded down $1.92 during mid-day trading on Wednesday, reaching $77.87. The company's stock had a trading volume of 796,205 shares, compared to its average volume of 2,653,811. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25. The stock has a market cap of $13.20 billion, a PE ratio of 11.50, a P/E/G ratio of 0.37 and a beta of 0.84. The company's fifty day moving average price is $76.05 and its two-hundred day moving average price is $83.45. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF - Get Free Report) last issued its earnings results 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. The company had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. On average, analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.57%. CF Industries's dividend 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.