CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Headlands Technologies LLC

Headlands Technologies LLC increased its position in CF Industries Holdings, Inc. (NYSE:CF) by 985.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,878 shares of the basic materials company’s stock after purchasing an additional 1,705 shares during the period. Headlands Technologies LLC’s holdings in CF Industries were worth $156,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Westside Investment Management Inc. acquired a new position in CF Industries in the first quarter valued at $25,000. Turtle Creek Wealth Advisors LLC acquired a new position in CF Industries in the 4th quarter valued at about $29,000. Bruce G. Allen Investments LLC purchased a new stake in CF Industries during the 4th quarter valued at approximately $32,000. Meeder Asset Management Inc. acquired a new stake in CF Industries during the 4th quarter worth approximately $36,000. Finally, ORG Partners LLC grew its stake in shares of CF Industries by 62.2% in the 4th quarter. ORG Partners LLC now owns 600 shares of the basic materials company’s stock valued at $48,000 after purchasing an additional 230 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CF. Piper Sandler decreased their price target on CF Industries from $82.00 to $75.00 and set an “underweight” rating for the company in a report on Tuesday, May 7th. Royal Bank of Canada dropped their price target on shares of CF Industries from $90.00 to $85.00 and set an “outperform” rating on the stock in a research note on Monday. Scotiabank reduced their price objective on shares of CF Industries from $86.00 to $80.00 and set a “sector perform” rating for the company in a research report on Monday, May 6th. Berenberg Bank raised their target price on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a report on Wednesday, April 17th. Finally, Wells Fargo & Company cut their price target on shares of CF Industries from $87.00 to $83.00 and set an “overweight” rating for the company in a report on Tuesday. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, CF Industries currently has a consensus rating of “Hold” and an average target price of $83.19.

CF Industries Price Performance

CF stock traded up $0.35 during trading on Wednesday, hitting $73.55. The stock had a trading volume of 163,267 shares, compared to its average volume of 2,339,046. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $87.90. The stock has a market cap of $13.44 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 2.27 and a beta of 0.95. The company’s 50 day moving average price is $74.88 and its two-hundred day moving average price is $77.97. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.55 and a current ratio of 3.94.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). CF Industries had a net margin of 19.03% and a return on equity of 14.08%. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same period in the prior year, the firm earned $2.85 EPS. The business’s quarterly revenue was down 26.9% on a year-over-year basis. On average, sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.19 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.72%. CF Industries’s payout ratio is currently 33.22%.

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.