CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by iSAM Funds UK Ltd

iSAM Funds UK Ltd lessened its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 41.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,611 shares of the basic materials company's stock after selling 4,733 shares during the quarter. iSAM Funds UK Ltd's holdings in CF Industries were worth $564,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CF. Korea Investment CORP increased its stake in shares of CF Industries by 88.5% during the fourth quarter. Korea Investment CORP now owns 150,374 shares of the basic materials company's stock worth $12,830,000 after purchasing an additional 70,585 shares in the last quarter. National Pension Service increased its stake in shares of CF Industries by 2,848.4% during the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company's stock worth $24,776,000 after purchasing an additional 280,535 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of CF Industries during the fourth quarter worth about $51,000. Charles Schwab Investment Management Inc. increased its stake in shares of CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock worth $494,202,000 after purchasing an additional 225,109 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of CF Industries by 14.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company's stock worth $14,543,000 after purchasing an additional 21,632 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company's stock.

CF Industries Stock Performance

NYSE:CF opened at $87.60 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The firm has a market capitalization of $14.85 billion, a price-to-earnings ratio of 12.94, a PEG ratio of 0.37 and a beta of 0.94. The company's 50-day moving average is $77.60 and its two-hundred day moving average is $83.39. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.47 by $0.38. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the business posted $1.03 EPS. The business's revenue for the quarter was up 13.1% compared to the same quarter last year. Analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries declared that its Board of Directors has approved a stock repurchase program on Wednesday, May 7th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the basic materials company to repurchase up to 14.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a $0.50 dividend. The ex-dividend date is Thursday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.28%. CF Industries's dividend payout ratio is currently 26.35%.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of research reports. Piper Sandler boosted 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. Royal Bank of Canada lowered their price target on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Wells Fargo & Company boosted their price target on shares of CF Industries from $96.00 to $98.00 and gave the stock an "overweight" rating in a research report on Monday, May 12th. Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target on the stock in a research report on Monday, February 24th. Finally, BNP Paribas upgraded shares of CF Industries to a "strong-buy" rating in a research report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $90.21.

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.

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