WR Wealth Planners LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 76.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 653 shares of the basic materials company’s stock after buying an additional 282 shares during the period. WR Wealth Planners LLC’s holdings in CF Industries were worth $56,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in CF. FMR LLC boosted its position in shares of CF Industries by 3.8% during the 3rd 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of CF Industries by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock valued at $477,668,000 after purchasing an additional 22,392 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of CF Industries by 15.1% during 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 purchasing an additional 549,569 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of CF Industries by 10.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock valued at $111,582,000 after purchasing an additional 120,193 shares in the last quarter. Finally, AustralianSuper Pty Ltd boosted its position in shares of CF Industries by 8.6% during the 4th quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company’s stock valued at $101,313,000 after purchasing an additional 93,560 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.
CF Industries Price Performance
CF opened at $80.99 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 11.96, a P/E/G ratio of 0.37 and a beta of 0.98. The firm’s fifty day moving average price is $87.27 and its two-hundred day moving average price is $85.58. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.
CF Industries Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio is 29.54%.
Wall Street Analysts Forecast Growth
CF has been the topic of several research analyst reports. Bank of America upgraded CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price on the stock in a research report on Monday, February 24th. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and cut their price target for the stock from $82.00 to $75.00 in a report on Friday, January 24th. UBS Group reduced their price objective on CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Oppenheimer reduced their price objective 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. Finally, Royal Bank of Canada cut their target price on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $90.54.
Check Out Our Latest Stock Analysis on CF Industries
Insiders Place Their Bets
In related news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This trade represents a 1.60 % 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 valued at $1,455,965 in the last three months. 0.42% 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.
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