CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by First Trust Direct Indexing L.P.

First Trust Direct Indexing L.P. lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 16.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,924 shares of the basic materials company’s stock after acquiring an additional 421 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in CF Industries were worth $232,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of CF Industries during the fourth quarter worth $29,000. ORG Partners LLC increased its stake in shares of CF Industries by 428.6% in the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 300 shares during the period. Bruce G. Allen Investments LLC bought a new stake in CF Industries in the 4th quarter valued at $32,000. Meeder Asset Management Inc. bought a new stake in shares of CF Industries in the 4th quarter worth approximately $36,000. Finally, Larson Financial Group LLC bought a new position in CF Industries in the third quarter worth $50,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the completion of the sale, the executive vice president now directly owns 64,030 shares of the company’s stock, valued at $5,442,550. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.48% of the stock is currently owned by corporate insiders.

CF Industries Stock Up 0.6 %

CF Industries stock opened at $74.99 on Wednesday. The company has a fifty day simple moving average of $81.24 and a 200 day simple moving average of $79.15. The company has a current ratio of 3.94, a quick ratio of 3.55 and a debt-to-equity ratio of 0.37. CF Industries Holdings, Inc. has a 1-year low of $60.08 and a 1-year high of $87.90. The company has a market cap of $13.71 billion, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 2.11 and a beta of 1.02.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $1.03 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.44). CF Industries had a net margin of 19.03% and a return on equity of 14.08%. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same period last year, the company posted $2.85 earnings per share. The business’s revenue for the quarter was down 26.9% on a year-over-year basis. Research analysts anticipate that CF Industries Holdings, Inc. will post 5.86 earnings per share 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. Investors 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 yield of 2.67%. CF Industries’s dividend payout ratio (DPR) is currently 33.22%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CF. Wolfe Research assumed coverage on shares of CF Industries in a research note on Friday, March 1st. They issued an “outperform” rating and a $99.00 price objective for the company. Wells Fargo & Company dropped their target price on CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a report on Friday, February 16th. UBS Group lowered CF Industries from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $95.00 to $83.00 in a research note on Wednesday, January 31st. Royal Bank of Canada restated an “outperform” rating and issued a $95.00 target price on shares of CF Industries in a research note on Friday, February 16th. Finally, Scotiabank reduced their price target on shares of CF Industries from $86.00 to $80.00 and set a “sector perform” rating on the stock in a research report on Monday. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $85.00.

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.