FORA Capital LLC Has $2.19 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

FORA Capital LLC decreased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 30.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,689 shares of the basic materials company's stock after selling 11,265 shares during the quarter. FORA Capital LLC's holdings in CF Industries were worth $2,192,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Checchi Capital Advisers LLC boosted its stake in shares of CF Industries by 4.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock worth $221,000 after purchasing an additional 108 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its stake in CF Industries by 2.1% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company's stock worth $495,000 after buying an additional 120 shares in the last quarter. Brooklyn Investment Group lifted its position in CF Industries by 26.9% during the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after buying an additional 122 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in CF Industries by 1.8% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock valued at $602,000 after buying an additional 126 shares during the period. Finally, Coldstream Capital Management Inc. increased its stake in CF Industries by 4.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 3,009 shares of the basic materials company's stock worth $257,000 after buying an additional 126 shares during the period. 93.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CF. Wells Fargo & Company boosted their price objective on shares of CF Industries from $96.00 to $98.00 and gave the stock an "overweight" rating in a research report on Monday. Oppenheimer cut shares of CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. Morgan Stanley cut their target price on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a research note on Friday, April 11th. Piper Sandler upped their price target on shares of CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, January 27th. Finally, Bank of America raised 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. One 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. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $90.21.

CF Industries Price Performance

CF Industries stock traded down $2.42 during midday trading on Wednesday, reaching $85.31. The company's stock had a trading volume of 1,002,016 shares, compared to its average volume of 2,124,097. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $98.25. The firm has a market capitalization of $14.46 billion, a PE ratio of 12.60, a P/E/G ratio of 0.37 and a beta of 0.94. The stock's 50 day simple moving average is $76.84 and its 200 day simple moving average is $83.26.

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

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.34%. CF Industries's dividend payout ratio (DPR) is currently 26.35%.

CF Industries declared that its board has authorized a stock repurchase program on Wednesday, May 7th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the basic materials company to repurchase up to 14.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

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.