CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lowered its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 14.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,439 shares of the basic materials company’s stock after selling 565 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in CF Industries were worth $273,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of CF Industries by 0.4% in the first quarter. Vanguard Group Inc. now owns 25,747,358 shares of the basic materials company’s stock valued at $2,653,523,000 after purchasing an additional 94,482 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of CF Industries by 34.2% in the third quarter. Bank of New York Mellon Corp now owns 5,213,654 shares of the basic materials company’s stock valued at $447,019,000 after purchasing an additional 1,329,677 shares in the last quarter. Geode Capital Management LLC grew its position in shares of CF Industries by 2.6% in the first quarter. Geode Capital Management LLC now owns 4,662,248 shares of the basic materials company’s stock valued at $340,437,000 after purchasing an additional 117,827 shares in the last quarter. Morgan Stanley grew its position in shares of CF Industries by 101.0% in the fourth quarter. Morgan Stanley now owns 4,014,385 shares of the basic materials company’s stock valued at $342,026,000 after purchasing an additional 2,017,325 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of CF Industries by 4.3% in the third quarter. Northern Trust Corp now owns 3,644,100 shares of the basic materials company’s stock valued at $312,445,000 after purchasing an additional 151,148 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target for the company in a research report on Friday, January 12th. Wolfe Research assumed coverage on CF Industries in a research report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price objective for the company. Piper Sandler lowered CF Industries from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $87.00 to $82.00 in a research report on Thursday, February 29th. Wells Fargo & Company lowered their price objective on CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a research report on Friday, February 16th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 price objective on shares of CF Industries in a research report on Friday, February 16th. Two investment 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’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $89.20.

CF Industries Trading Down 0.0 %

CF opened at $78.07 on Tuesday. CF Industries Holdings, Inc. has a 52 week low of $60.08 and a 52 week high of $87.90. The business has a fifty day simple moving average of $81.28 and a 200-day simple moving average of $79.84. The firm has a market cap of $14.66 billion, a P/E ratio of 9.96, a P/E/G ratio of 2.23 and a beta of 1.03. The company has a quick ratio of 3.44, a current ratio of 3.81 and a debt-to-equity ratio of 0.35.

CF Industries (NYSE:CF) last released its 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). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The company had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter last year, the business posted $4.35 earnings per share. The company’s revenue for the quarter was down 39.8% on a year-over-year basis. On average, equities analysts expect that CF Industries Holdings, Inc. will post 5.85 earnings per share for the current year.

CF Industries Increases Dividend

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

Insider Buying and Selling

In related news, EVP Bert A. Frost sold 6,000 shares of the business’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total transaction 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 approximately $5,442,550. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.48% of the stock is currently owned by insiders.

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.