CF Industries Holdings, Inc. (NYSE:CF) Stake Decreased by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC lessened its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,104 shares of the basic materials company’s stock after selling 133 shares during the quarter. Resonant Capital Advisors LLC’s holdings in CF Industries were worth $406,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kentucky Retirement Systems raised its holdings in CF Industries by 0.7% during the third quarter. Kentucky Retirement Systems now owns 15,598 shares of the basic materials company’s stock worth $1,501,000 after purchasing an additional 116 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of CF Industries by 2.5% in the third quarter. Arkadios Wealth Advisors now owns 5,148 shares of the basic materials company’s stock valued at $441,000 after buying an additional 126 shares in the last quarter. Donoghue Forlines LLC increased its holdings in shares of CF Industries by 1.9% in the third quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock valued at $586,000 after buying an additional 130 shares in the last quarter. Janiczek Wealth Management LLC increased its holdings in shares of CF Industries by 36.5% in the third quarter. Janiczek Wealth Management LLC now owns 516 shares of the basic materials company’s stock valued at $44,000 after buying an additional 138 shares in the last quarter. Finally, Eaton Vance Management increased its holdings in shares of CF Industries by 3.4% in the first quarter. Eaton Vance Management now owns 4,727 shares of the basic materials company’s stock valued at $487,000 after buying an additional 157 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Down 0.2 %

Shares of CF stock opened at $79.47 on Friday. The stock has a fifty day moving average price of $81.43 and a 200 day moving average price of $79.74. CF Industries Holdings, Inc. has a one year low of $60.08 and a one year high of $87.90. The stock has a market cap of $14.92 billion, a P/E ratio of 10.14, a price-to-earnings-growth ratio of 2.26 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.12). The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.51 billion. CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The company’s quarterly revenue was down 39.8% on a year-over-year basis. During the same quarter last year, the firm posted $4.35 earnings per share. Analysts predict that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s payout ratio is currently 25.51%.

Insider Activity at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total transaction of $510,000.00. Following the completion of the sale, the executive vice president now owns 64,030 shares of the company’s stock, valued at approximately $5,442,550. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.42% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Barclays raised CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target on the stock in a report on Friday, January 12th. Piper Sandler cut CF Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $87.00 to $82.00 in a report on Thursday, February 29th. Royal Bank of Canada reissued an “outperform” rating and set a $95.00 target price on shares of CF Industries in a research note on Friday, February 16th. Bank of America reissued a “neutral” rating and set a $88.00 target price (down from $96.00) on shares of CF Industries in a research note on Wednesday, April 10th. Finally, Wolfe Research began coverage on shares of CF Industries in a report on Friday, March 1st. They set an “outperform” rating and a $99.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and an average target price of $86.47.

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.