Raymond James & Associates Has $10.61 Million Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Raymond James & Associates grew its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 25.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 133,439 shares of the basic materials company's stock after purchasing an additional 27,027 shares during the period. Raymond James & Associates owned about 0.07% of CF Industries worth $10,608,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Coppell Advisory Solutions Corp. acquired a new stake in shares of CF Industries during the fourth quarter worth $26,000. Clear Street Markets LLC raised its holdings in shares of CF Industries by 92.5% during the first quarter. Clear Street Markets LLC now owns 385 shares of the basic materials company's stock worth $28,000 after acquiring an additional 185 shares during the period. ORG Partners LLC raised its holdings in shares of CF Industries by 428.6% during the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company's stock worth $32,000 after acquiring an additional 300 shares during the period. Bruce G. Allen Investments LLC acquired a new stake in shares of CF Industries during the fourth quarter worth $32,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of CF Industries during the first quarter worth $42,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Barclays upgraded shares of CF Industries from an "underweight" rating to an "equal weight" rating and set a $85.00 price objective on the stock in a report on Friday, January 12th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $95.00 target price on shares of CF Industries in a research report on Friday, February 16th. Wells Fargo & Company decreased their target price on shares of CF Industries from $98.00 to $97.00 and set an "overweight" rating for the company in a research report on Friday, February 16th. Wolfe Research began coverage on shares of CF Industries in a research report on Friday, March 1st. They issued an "outperform" rating and a $99.00 target price for the company. Finally, Piper Sandler downgraded shares of CF Industries from a "neutral" rating to an "underweight" rating and decreased their target price for the company from $87.00 to $82.00 in a research report on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $90.19.

CF Industries Stock Performance

Shares of CF traded down $1.08 during midday trading on Friday, reaching $85.10. The stock had a trading volume of 2,755,304 shares, compared to its average volume of 2,474,424. The firm has a 50 day simple moving average of $80.90 and a 200-day simple moving average of $80.09. CF Industries Holdings, Inc. has a one year low of $60.08 and a one year high of $87.90. The firm has a market cap of $15.98 billion, a PE ratio of 10.85, a P/E/G ratio of 2.40 and a beta of 1.03. The company has a current ratio of 3.81, a quick ratio of 3.44 and a debt-to-equity ratio of 0.35.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.12). The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.51 billion. CF Industries had a return on equity of 18.44% and a net margin of 23.00%. The business's quarterly revenue was down 39.8% on a year-over-year basis. During the same period in the previous year, the firm posted $4.35 EPS. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.79 EPS for the current year.

CF Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 15th were issued a dividend of $0.50 per share. This is an increase from CF Industries's previous quarterly dividend of $0.40. The ex-dividend date was Wednesday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.35%. CF Industries's payout ratio is presently 25.51%.

Insider Buying and Selling

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the completion of the sale, the executive vice president now owns 64,030 shares in the company, valued at approximately $5,442,550. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.42% of the stock is currently owned by insiders.

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.