Duality Advisers LP Has $1.89 Million Stake in CF Industries Holdings, Inc. (NYSE:CF)

Duality Advisers LP raised its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 189.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 23,713 shares of the basic materials company’s stock after acquiring an additional 15,517 shares during the period. Duality Advisers LP’s holdings in CF Industries were worth $1,885,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Arkadios Wealth Advisors increased its holdings in shares of CF Industries by 2.5% during the third quarter. Arkadios Wealth Advisors now owns 5,148 shares of the basic materials company’s stock worth $441,000 after buying an additional 126 shares in the last quarter. Donoghue Forlines LLC grew its stake in shares of CF Industries by 1.9% during the third quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock valued at $586,000 after purchasing an additional 130 shares during the last quarter. Raymond James Trust N.A. grew its stake in shares of CF Industries by 5.3% during the fourth quarter. Raymond James Trust N.A. now owns 3,507 shares of the basic materials company’s stock valued at $279,000 after purchasing an additional 176 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of CF Industries by 2.9% during the third quarter. Perigon Wealth Management LLC now owns 6,559 shares of the basic materials company’s stock valued at $562,000 after purchasing an additional 182 shares during the last quarter. Finally, Greenleaf Trust grew its stake in shares of CF Industries by 5.7% during the third quarter. Greenleaf Trust now owns 3,680 shares of the basic materials company’s stock valued at $316,000 after purchasing an additional 197 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Stock Performance

Shares of CF opened at $78.79 on Tuesday. The firm has a 50-day moving average of $81.43 and a 200-day moving average of $79.69. CF Industries Holdings, Inc. has a one year low of $60.08 and a one year high of $87.90. The company has a market cap of $14.79 billion, a PE ratio of 10.05, a price-to-earnings-growth ratio of 2.26 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44.

CF Industries (NYSE:CF) 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, equities analysts forecast that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Tuesday, May 14th. CF Industries’s payout ratio is 25.51%.

Wall Street Analyst Weigh In

Several research firms have recently commented on CF. Piper Sandler cut shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $87.00 to $82.00 in a research note on Thursday, February 29th. UBS Group cut shares of CF Industries from a “buy” rating to a “neutral” rating and decreased their price target for the company from $95.00 to $83.00 in a research note on Wednesday, January 31st. Wells Fargo & Company decreased their price target on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a research note on Friday, February 16th. Royal Bank of Canada reissued an “outperform” rating and set a $95.00 price target on shares of CF Industries in a research note on Friday, February 16th. Finally, Wolfe Research assumed coverage on shares of CF Industries in a research note on Friday, March 1st. They issued an “outperform” rating and a $99.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $86.47.

Insider Buying and Selling

In related 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 transaction of $510,000.00. Following the completion of the sale, the executive vice president now owns 64,030 shares of the company’s stock, valued at approximately $5,442,550. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.48% 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.