Bleakley Financial Group LLC Acquires 234 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Bleakley Financial Group LLC lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 8.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,948 shares of the basic materials company’s stock after buying an additional 234 shares during the quarter. Bleakley Financial Group LLC’s holdings in CF Industries were worth $234,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Coppell Advisory Solutions Corp. bought a new stake in CF Industries in the 4th quarter worth $26,000. Clear Street Markets LLC grew its holdings in CF Industries by 92.5% in the 1st quarter. Clear Street Markets LLC now owns 385 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 185 shares during the last quarter. ORG Partners LLC grew its holdings in CF Industries by 428.6% in the 3rd quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 300 shares during the last quarter. Bruce G. Allen Investments LLC bought a new stake in CF Industries in the 4th quarter worth $32,000. Finally, Meeder Asset Management Inc. bought a new stake in CF Industries in the 4th quarter worth $36,000. Institutional investors own 93.06% of the company’s stock.

Insiders Place Their Bets

In other CF Industries 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 value of $510,000.00. Following the completion of the transaction, the executive vice president now directly owns 64,030 shares of the company’s stock, valued at $5,442,550. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.48% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of a number of recent analyst reports. Bank of America reissued a “neutral” rating and issued a $88.00 price target (down previously from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $95.00 target price on shares of CF Industries in a research report on Friday, February 16th. Piper Sandler cut shares of CF Industries from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $87.00 to $82.00 in a research report on Thursday, February 29th. Wolfe Research initiated coverage on shares of CF Industries in a research report on Friday, March 1st. They issued an “outperform” rating and a $99.00 target price for the company. Finally, UBS Group cut shares of CF Industries from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $95.00 to $83.00 in a research report on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $89.20.

CF Industries Trading Down 0.0 %

Shares of NYSE CF opened at $78.07 on Tuesday. CF Industries Holdings, Inc. has a 1 year low of $60.08 and a 1 year high of $87.90. The stock has a market cap of $14.66 billion, a P/E ratio of 9.96, a price-to-earnings-growth ratio of 2.23 and a beta of 1.03. The firm has a 50-day moving average of $81.28 and a 200 day moving average of $79.84. 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 issued its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.12). The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.51 billion. CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The company’s revenue was down 39.8% on a year-over-year basis. During the same period last year, the business earned $4.35 earnings per share. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.85 EPS for the current fiscal year.

CF Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 15th were issued a $0.50 dividend. The ex-dividend date was Wednesday, February 14th. This is a boost from CF Industries’s previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 2.56%. CF Industries’s payout ratio is 25.51%.

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.