Total Wealth Planning & Management Inc. bought a new stake in CF Industries Holdings, Inc. (NYSE:CF – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,556 shares of the basic materials company’s stock, valued at approximately $352,000.
Several other hedge funds and other institutional investors have also bought and sold shares of CF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in CF Industries by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock valued at $1,368,000 after buying an additional 518 shares during the period. Jones Financial Companies Lllp lifted its holdings in CF Industries by 161.1% in the first quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock valued at $928,000 after buying an additional 7,324 shares during the period. Woodline Partners LP lifted its holdings in CF Industries by 40.7% in the first quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock valued at $1,149,000 after buying an additional 4,252 shares during the period. Focus Partners Wealth lifted its holdings in CF Industries by 21.8% in the first quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock valued at $278,000 after buying an additional 638 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in CF Industries by 141.6% in the first quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock valued at $62,000 after buying an additional 463 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.
CF Industries Price Performance
Shares of NYSE CF opened at $117.75 on Friday. The firm’s 50-day moving average price is $123.25 and its 200-day moving average price is $102.55. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The firm has a market capitalization of $18.09 billion, a P/E ratio of 10.58 and a beta of 0.38. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39.
CF Industries Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.7%. CF Industries’s payout ratio is presently 17.97%.
Analyst Ratings Changes
Several research firms recently issued reports on CF. BNP Paribas Exane boosted their target price on shares of CF Industries from $95.00 to $140.00 and gave the company a “neutral” rating in a report on Wednesday, March 25th. Mizuho boosted their target price on shares of CF Industries from $100.00 to $105.00 and gave the company an “underperform” rating in a report on Tuesday, March 31st. Barclays upped their price objective on shares of CF Industries from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Zacks Research upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, April 24th. Finally, Bank of America upped their price objective on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $119.00.
Check Out Our Latest Stock Report on CF
Insider Buying and Selling at CF Industries
In other news, VP Erik M. Mayer sold 1,500 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $124.69, for a total transaction of $187,035.00. Following the completion of the sale, the vice president directly owned 6,341 shares of the company’s stock, valued at $790,659.29. The trade was a 19.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Richard A. Hoker sold 3,499 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $125.38, for a total transaction of $438,704.62. Following the sale, the vice president directly owned 31,036 shares of the company’s stock, valued at approximately $3,891,293.68. The trade was a 10.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 40,824 shares of company stock valued at $5,333,817. Insiders own 0.51% of the company’s stock.
About CF Industries
CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.
Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.
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