CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC grew its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 89.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,974 shares of the basic materials company’s stock after acquiring an additional 932 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in CF Industries were worth $168,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CF. Oppenheimer Asset Management Inc. lifted its holdings in shares of CF Industries by 14.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 6,924 shares of the basic materials company’s stock valued at $594,000 after buying an additional 861 shares during the period. Metis Global Partners LLC lifted its holdings in shares of CF Industries by 14.7% in the third quarter. Metis Global Partners LLC now owns 18,679 shares of the basic materials company’s stock valued at $1,603,000 after buying an additional 2,392 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of CF Industries by 6.0% in the third quarter. CIBC Asset Management Inc now owns 31,203 shares of the basic materials company’s stock valued at $2,677,000 after buying an additional 1,769 shares during the period. Natixis Advisors LLC lifted its holdings in shares of CF Industries by 20.0% in the third quarter. Natixis Advisors LLC now owns 266,866 shares of the basic materials company’s stock valued at $22,897,000 after buying an additional 44,393 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of CF Industries by 10.2% in the third quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock valued at $111,582,000 after buying an additional 120,193 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Stock Down 0.4 %

Shares of CF Industries stock opened at $76.55 on Monday. The stock has a 50-day moving average price of $85.55 and a 200 day moving average price of $85.35. The company has a market cap of $12.98 billion, a P/E ratio of 11.31, a P/E/G ratio of 0.37 and a beta of 0.99. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

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

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Insider Transactions at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 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 transaction of $142,500.00. Following the completion of the sale, the executive vice president now directly owns 93,986 shares of the company’s stock, valued at $8,928,670. This trade represents a 1.57 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock valued at $1,130,955 in the last three months. Corporate insiders own 0.42% of the company’s stock.

Wall Street Analysts Forecast Growth

CF has been the subject of several research analyst reports. Oppenheimer cut their price objective on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $82.00 to $75.00 in a report on Friday, January 24th. UBS Group decreased their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. The Goldman Sachs Group assumed coverage on CF Industries in a research report on Thursday. They issued a “neutral” rating and a $86.00 price target for the company. Finally, Piper Sandler increased their price target on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus target price of $89.86.

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.