Winebrenner Capital Management LLC Makes New Investment in CF Industries Holdings, Inc. (NYSE:CF)

Winebrenner Capital Management LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 30,000 shares of the basic materials company’s stock, valued at approximately $2,560,000. CF Industries comprises approximately 2.0% of Winebrenner Capital Management LLC’s investment portfolio, making the stock its 9th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division bought a new position in CF Industries during the fourth quarter worth about $74,000. Kingsview Wealth Management LLC bought a new position in CF Industries during the third quarter worth about $3,149,000. AMG National Trust Bank bought a new stake in shares of CF Industries in the third quarter valued at about $887,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of CF Industries by 14.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company’s stock valued at $14,543,000 after purchasing an additional 21,632 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of CF Industries by 118.7% in the third quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock valued at $1,372,000 after purchasing an additional 8,679 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the transaction, the executive vice president now owns 62,768 shares of the company’s stock, valued at approximately $5,828,636.48. This represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,389 shares of company stock valued at $1,455,965 over the last 90 days. 0.42% of the stock is currently owned by insiders.

CF Industries Price Performance

Shares of NYSE CF opened at $77.90 on Friday. The business’s 50 day moving average price is $87.91 and its two-hundred day moving average price is $85.50. The company has a market cap of $13.56 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 0.39 and a beta of 0.98. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a return on equity of 15.33% and a net margin of 20.52%. On average, analysts predict 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 will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Analyst Ratings Changes

A number of analysts have recently commented on CF shares. Piper Sandler boosted their price target on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, January 27th. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and cut their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Oppenheimer cut their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Barclays lowered CF Industries from an “overweight” rating to an “equal weight” rating and boosted their price target for the company from $96.00 to $100.00 in a report on Tuesday, January 21st. Finally, UBS Group cut their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and a consensus price target of $92.29.

About CF Industries

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.