Russell Investments Group Ltd. Buys 49,588 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Russell Investments Group Ltd. lifted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 37.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 183,712 shares of the basic materials company’s stock after buying an additional 49,588 shares during the period. Russell Investments Group Ltd.’s holdings in CF Industries were worth $14,605,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in CF. Donoghue Forlines LLC grew its holdings in shares of CF Industries by 1.9% during the 3rd quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock worth $586,000 after purchasing an additional 130 shares in the last quarter. Raymond James Trust N.A. boosted its stake in CF Industries by 5.3% during the fourth quarter. Raymond James Trust N.A. now owns 3,507 shares of the basic materials company’s stock worth $279,000 after buying an additional 176 shares in the last quarter. Perigon Wealth Management LLC increased its holdings in CF Industries by 2.9% in the 3rd quarter. Perigon Wealth Management LLC now owns 6,559 shares of the basic materials company’s stock valued at $562,000 after buying an additional 182 shares during the period. Greenleaf Trust raised its stake in shares of CF Industries by 5.7% in the 3rd quarter. Greenleaf Trust now owns 3,680 shares of the basic materials company’s stock valued at $316,000 after buying an additional 197 shares in the last quarter. Finally, WP Advisors LLC lifted its holdings in shares of CF Industries by 8.6% during the 4th quarter. WP Advisors LLC now owns 2,675 shares of the basic materials company’s stock worth $213,000 after acquiring an additional 212 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Up 0.3 %

Shares of NYSE:CF opened at $74.09 on Friday. The company has a quick ratio of 3.44, a current ratio of 3.81 and a debt-to-equity ratio of 0.35. The firm has a market cap of $13.91 billion, a P/E ratio of 12.31, a P/E/G ratio of 2.22 and a beta of 1.02. CF Industries Holdings, Inc. has a 12 month low of $60.08 and a 12 month high of $87.90. The company’s 50-day moving average price is $81.59 and its two-hundred day moving average price is $79.44.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a return on equity of 13.91% and a net margin of 19.03%. CF Industries’s revenue for the quarter was down 26.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.85 earnings per share. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 5.86 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.70%. CF Industries’s dividend payout ratio (DPR) is currently 33.22%.

Analyst Ratings Changes

Several research firms recently issued reports on CF. UBS Group lowered shares of CF Industries from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $95.00 to $83.00 in a research report on Wednesday, January 31st. Royal Bank of Canada reissued an “outperform” rating and issued a $95.00 target price on shares of CF Industries in a report on Friday, February 16th. Piper Sandler lowered CF Industries from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $87.00 to $82.00 in a research note on Thursday, February 29th. Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price objective for the company in a research note on Friday, January 12th. Finally, Wolfe Research started coverage on CF Industries in a report on Friday, March 1st. They set an “outperform” rating and a $99.00 price objective for the company. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $85.14.

Insider Transactions at CF Industries

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total transaction of $510,000.00. Following the transaction, the executive vice president now directly owns 64,030 shares in the company, valued at approximately $5,442,550. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.42% of the stock is currently owned by corporate 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.