G&S Capital LLC Has $317,000 Stake in CF Industries Holdings, Inc. (NYSE:CF)

G&S Capital LLC trimmed its position in CF Industries Holdings, Inc. (NYSE:CF) by 48.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,814 shares of the basic materials company’s stock after selling 3,534 shares during the quarter. G&S Capital LLC’s holdings in CF Industries were worth $317,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Turtle Creek Wealth Advisors LLC bought a new stake in shares of CF Industries during the fourth quarter worth $29,000. Bruce G. Allen Investments LLC bought a new stake in shares of CF Industries during the fourth quarter worth $32,000. Meeder Asset Management Inc. bought a new stake in shares of CF Industries during the fourth quarter worth $36,000. ORG Partners LLC lifted its stake in shares of CF Industries by 62.2% during the fourth quarter. ORG Partners LLC now owns 600 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 230 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in shares of CF Industries by 70.1% during the third quarter. Parkside Financial Bank & Trust now owns 621 shares of the basic materials company’s stock valued at $53,000 after acquiring an additional 256 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Up 1.0 %

NYSE:CF opened at $76.23 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.55 and a current ratio of 3.94. The company has a market cap of $13.93 billion, a PE ratio of 12.66, a PEG ratio of 2.39 and a beta of 1.00. CF Industries Holdings, Inc. has a 52-week low of $67.59 and a 52-week high of $87.90. The stock has a 50-day simple moving average of $76.75 and a 200 day simple moving average of $78.66.

CF Industries (NYSE:CF) last posted its quarterly earnings results 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 the consensus estimate of $1.46 billion. CF Industries had a net margin of 19.03% and a return on equity of 14.08%. The firm’s revenue for the quarter was down 26.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.85 earnings per share. On average, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.26 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.62%. CF Industries’s dividend payout ratio is currently 33.22%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CF shares. Piper Sandler cut their price target on CF Industries from $82.00 to $75.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 7th. BMO Capital Markets cut their target price on CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, May 6th. Bank of America reissued a “neutral” rating and issued a $88.00 target price (down previously from $96.00) on shares of CF Industries in a research note on Wednesday, April 10th. Wolfe Research initiated coverage on CF Industries in a research note on Friday, March 1st. They issued an “outperform” rating and a $99.00 target price on the stock. Finally, Berenberg Bank increased their target price on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $85.00.

About CF Industries

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.