Korea Investment CORP Increases Position in CF Industries Holdings, Inc. $CF

Korea Investment CORP lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 14.6% in the third quarter, HoldingsChannel.com reports. The fund owned 319,639 shares of the basic materials company’s stock after acquiring an additional 40,664 shares during the period. Korea Investment CORP’s holdings in CF Industries were worth $28,672,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in CF Industries by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock worth $1,368,000 after purchasing an additional 518 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of CF Industries by 161.1% during the 1st quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock valued at $928,000 after purchasing an additional 7,324 shares during the last quarter. Woodline Partners LP raised its stake in shares of CF Industries by 40.7% during the 1st quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock worth $1,149,000 after purchasing an additional 4,252 shares during the period. Focus Partners Wealth raised its stake in shares of CF Industries by 21.8% during the 1st quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock worth $278,000 after purchasing an additional 638 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of CF Industries by 141.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after buying an additional 463 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Trading Down 4.0%

Shares of CF opened at $111.13 on Tuesday. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $121.80. The business has a 50-day moving average of $92.08 and a 200 day moving average of $86.56. The firm has a market cap of $17.08 billion, a P/E ratio of 12.35 and a beta of 0.68. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.93 and a current ratio of 3.37.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.53 by $0.06. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.78 billion. CF Industries had a net margin of 20.54% and a return on equity of 19.84%. The company’s revenue was up 22.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.89 earnings per share. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, February 13th. CF Industries’s dividend payout ratio is presently 22.22%.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 7,200 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $111.00, for a total value of $799,200.00. Following the completion of the transaction, the executive vice president directly owned 73,803 shares of the company’s stock, valued at approximately $8,192,133. This trade represents a 8.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michael Patrick Mcgrane sold 3,666 shares of CF Industries stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $116.50, for a total transaction of $427,089.00. Following the completion of the transaction, the senior vice president owned 19,161 shares of the company’s stock, valued at $2,232,256.50. This represents a 16.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 47,118 shares of company stock worth $5,280,588 in the last ninety days. Insiders own 0.71% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. BMO Capital Markets increased their price target on shares of CF Industries from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. Royal Bank Of Canada lifted their price objective on shares of CF Industries from $95.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. Wells Fargo & Company boosted their target price on shares of CF Industries from $100.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Rothschild & Co Redburn set a $72.00 target price on shares of CF Industries in a research report on Wednesday, February 4th. Finally, BNP Paribas Exane raised their price target on shares of CF Industries from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus price target of $96.87.

Key Stories Impacting CF Industries

Here are the key news stories impacting CF Industries this week:

• Positive Sentiment: Local PR/community engagement: CF Industries was highlighted for its participation and wins at the Sarnia Canstruction fundraiser — modest reputational/ESG positive. CF Industries cleans up at Sarnia Canstruction fundraiser awards
• Neutral Sentiment: Media recap of insider activity: American Banking News published a summary of the insider sales; useful for context but largely a repeat of SEC disclosures. Insider Selling: CF Industries (NYSE:CF) EVP Sells $415,236.26 in Stock
• Negative Sentiment: Large EVP sale — Bert A. Frost sold 10,000 shares on Mar. 6 at ~$119 and 5,534 shares on Mar. 9 at ~$116 (total >15k shares; proceeds ≈ $1.83M in those filings). Investors often view repeated sales by senior execs as a negative signal about near-term outlook or as portfolio diversification. SEC filing — Bert A. Frost
• Negative Sentiment: Multiple other officer sales: VP Richard A. Hoker (6,184 sh @ ~$109), VP Ashraf K. Malik (2,439 sh @ ~$111), VP Erik M. Mayer (2,200 sh @ ~$116), EVP Susan L. Menzel (7,200 sh @ ~$111) and SVP Michael P. McGrane (3,666 sh @ ~$116) — combined reported proceeds across these filings bring total disclosed insider sales this week to roughly $4.26M. These represent meaningful percentage reductions in several officers’ holdings. SEC filing — Richard A. Hoker SEC filing — Ashraf K. Malik SEC filing — Erik M. Mayer SEC filing — Susan L. Menzel SEC filing — Michael P. McGrane

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.