Forvis Mazars Wealth Advisors LLC Has $858,000 Stake in CF Industries Holdings, Inc. (NYSE:CF)

Forvis Mazars Wealth Advisors LLC lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,056 shares of the basic materials company’s stock after selling 488 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in CF Industries were worth $858,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CF. Victory Capital Management Inc. raised its stake in CF Industries by 15.1% in the 3rd quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after acquiring an additional 549,569 shares during the period. Barclays PLC boosted its position in CF Industries by 68.9% during the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock worth $63,263,000 after purchasing an additional 300,873 shares during the period. FMR LLC increased its holdings in shares of CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after purchasing an additional 300,050 shares during the last quarter. Yaupon Capital Management LP bought a new position in shares of CF Industries in the third quarter valued at about $17,437,000. Finally, Allianz Asset Management GmbH lifted its stake in shares of CF Industries by 30.5% during the 4th quarter. Allianz Asset Management GmbH now owns 827,407 shares of the basic materials company’s stock worth $70,594,000 after buying an additional 193,487 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 3,500 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total value of $325,010.00. Following the sale, the executive vice president now owns 62,768 shares of the company’s stock, valued at $5,828,636.48. The trade was a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now owns 15,871 shares of the company’s stock, valued at $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,389 shares of company stock worth $1,455,965 over the last quarter. Corporate insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of a number of research reports. Barclays lowered shares of CF Industries from an “overweight” rating to an “equal weight” rating and upped their price target for the company from $96.00 to $100.00 in a research note on Tuesday, January 21st. UBS Group decreased their target price on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday. Oppenheimer reduced their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $82.00 to $75.00 in a report on Friday, January 24th. Finally, Royal Bank of Canada downgraded CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price for the company. in a report on Tuesday, January 21st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $92.29.

CF Industries Price Performance

CF stock opened at $77.90 on Monday. The company’s 50-day moving average price is $87.91 and its two-hundred day moving average price is $85.67. The firm has a market cap of $13.56 billion, a P/E ratio of 11.51, a P/E/G ratio of 0.37 and a beta of 0.98. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. On average, analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.57%. CF Industries’s dividend payout ratio (DPR) is currently 29.54%.

CF Industries 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.