MOKAN Wealth Management Inc. Purchases Shares of 6,435 CF Industries Holdings, Inc. (NYSE:CF)

MOKAN Wealth Management Inc. purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,435 shares of the basic materials company’s stock, valued at approximately $549,000.

A number of other hedge funds also recently bought and sold shares of CF. FMR LLC lifted its stake in shares of CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after buying an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of CF Industries by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock valued at $477,668,000 after buying an additional 22,392 shares during the period. Victory Capital Management Inc. lifted its stake in shares of CF Industries by 15.1% in the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after buying an additional 549,569 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of CF Industries by 10.2% in the third quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock valued at $111,582,000 after buying an additional 120,193 shares during the period. Finally, AustralianSuper Pty Ltd lifted its stake in shares of CF Industries by 8.6% in the fourth quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company’s stock valued at $101,313,000 after buying an additional 93,560 shares during the period. 93.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Royal Bank of Canada cut shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target for the company. in a research note on Tuesday, January 21st. Piper Sandler raised their price target on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. Barclays cut shares of CF Industries from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $96.00 to $100.00 in a research note on Tuesday, January 21st. Finally, UBS Group raised their price target on shares of CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 28th. Three analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $92.43.

Insider Transactions at CF Industries

In other news, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total transaction of $325,010.00. Following the completion of the sale, the executive vice president now directly owns 62,768 shares in the company, valued at $5,828,636.48. This represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the sale, the vice president now owns 22,211 shares of the company’s stock, valued at approximately $2,016,314.58. This trade represents a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,389 shares of company stock valued at $2,355,425. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Up 1.2 %

Shares of CF opened at $82.45 on Friday. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. The firm has a market cap of $14.35 billion, a P/E ratio of 13.05, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98. The firm’s 50-day simple moving average is $88.69 and its 200 day simple moving average is $85.33. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 31.65%.

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.