Newbridge Financial Services Group Inc. Has $34,000 Stake in CF Industries Holdings, Inc. (NYSE:CF)

Newbridge Financial Services Group Inc. decreased its position in CF Industries Holdings, Inc. (NYSE:CF) by 51.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 426 shares of the basic materials company’s stock after selling 446 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in CF Industries were worth $34,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CF. Turtle Creek Wealth Advisors LLC bought a new stake in shares of CF Industries in the fourth quarter valued at approximately $29,000. Bruce G. Allen Investments LLC bought a new stake in shares of CF Industries in the fourth quarter valued at approximately $32,000. Meeder Asset Management Inc. bought a new stake in shares of CF Industries in the fourth quarter valued at approximately $36,000. ORG Partners LLC boosted its stake in shares of CF Industries by 62.2% in the fourth quarter. ORG Partners LLC now owns 600 shares of the basic materials company’s stock valued at $48,000 after buying an additional 230 shares during the period. Finally, Parkside Financial Bank & Trust boosted its stake in shares of CF Industries by 70.1% in the third quarter. Parkside Financial Bank & Trust now owns 621 shares of the basic materials company’s stock valued at $53,000 after buying an additional 256 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Stock Performance

NYSE CF opened at $73.56 on Wednesday. The company has a market capitalization of $13.45 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 2.34 and a beta of 1.00. CF Industries Holdings, Inc. has a twelve month low of $67.59 and a twelve month high of $87.90. The stock has a fifty day simple moving average of $77.26 and a 200 day simple moving average of $78.70. The company has a quick ratio of 3.55, a current ratio of 3.94 and a debt-to-equity ratio of 0.37.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a net margin of 19.03% and a return on equity of 14.08%. The business’s revenue for the quarter was down 26.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.85 earnings per share. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.23 EPS for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.72%. CF Industries’s payout ratio is currently 33.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on CF shares. Wolfe Research started coverage on CF Industries in a research note on Friday, March 1st. They set an “outperform” rating and a $99.00 target price for the company. Berenberg Bank upped their target price on CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a research note on Wednesday, April 17th. Piper Sandler cut their target price on CF Industries from $82.00 to $75.00 and set an “underweight” rating for the company in a research note on Tuesday, May 7th. Bank of America restated 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, BMO Capital Markets cut their target price on CF Industries from $100.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, May 6th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $85.00.

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.