Paradiem LLC Sells 20,294 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Paradiem LLC reduced its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 56.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,891 shares of the basic materials company's stock after selling 20,294 shares during the quarter. Paradiem LLC's holdings in CF Industries were worth $1,263,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of CF. Russell Investments Group Ltd. boosted its stake in CF Industries by 37.0% during the fourth quarter. Russell Investments Group Ltd. now owns 183,712 shares of the basic materials company's stock worth $14,605,000 after acquiring an additional 49,588 shares in the last quarter. Truist Financial Corp boosted its stake in CF Industries by 173.6% during the fourth quarter. Truist Financial Corp now owns 20,757 shares of the basic materials company's stock worth $1,650,000 after acquiring an additional 13,171 shares in the last quarter. VCI Wealth Management LLC bought a new position in CF Industries during the fourth quarter worth $752,000. Stevens Capital Management LP bought a new position in CF Industries during the fourth quarter worth $387,000. Finally, Tokio Marine Asset Management Co. Ltd. boosted its stake in CF Industries by 11.6% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,534 shares of the basic materials company's stock worth $440,000 after acquiring an additional 574 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CF shares. Piper Sandler downgraded shares of CF Industries from a "neutral" rating to an "underweight" rating and lowered their price objective for the stock from $87.00 to $82.00 in a report on Thursday, February 29th. 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. Wolfe Research started coverage on shares of CF Industries in a report on Friday, March 1st. They set an "outperform" rating and a $99.00 price objective on the stock. Berenberg Bank upped their price objective on shares of CF Industries from $68.00 to $69.00 and gave the stock a "hold" rating in a report on Wednesday, April 17th. Finally, Bank of America restated a "neutral" rating and set a $88.00 price objective (down previously from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $86.47.

Insider Activity

In related news, EVP Bert A. Frost sold 6,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the sale, the executive vice president now directly owns 64,030 shares of the company's stock, valued at $5,442,550. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.42% of the stock is owned by company insiders.

CF Industries Stock Performance

NYSE:CF traded up $0.03 on Friday, reaching $80.00. 1,380,428 shares of the company's stock were exchanged, compared to its average volume of 2,263,422. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44. The firm has a market cap of $15.02 billion, a price-to-earnings ratio of 10.20, a P/E/G ratio of 2.28 and a beta of 1.03. CF Industries Holdings, Inc. has a 52 week low of $60.08 and a 52 week high of $87.90. The stock has a fifty day simple moving average of $81.60 and a 200-day simple moving average of $79.56.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing analysts' consensus estimates of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the business posted $4.35 earnings per share. CF Industries's revenue was down 39.8% compared to the same quarter last year. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a $0.50 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.50%. CF Industries's dividend payout ratio (DPR) is currently 25.51%.

CF Industries Company 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.