CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 22.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,061 shares of the basic materials company’s stock after selling 2,957 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in CF Industries were worth $858,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new position in CF Industries in the 4th quarter worth $34,000. Brooklyn Investment Group acquired a new position in CF Industries in the 3rd quarter worth $39,000. Asset Planning Inc bought a new stake in shares of CF Industries in the 4th quarter worth about $44,000. Arlington Trust Co LLC increased its position in shares of CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 460 shares during the last quarter. Finally, Sierra Ocean LLC bought a new stake in shares of CF Industries in the 4th quarter worth about $49,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Down 0.0 %

CF Industries stock opened at $77.10 on Tuesday. The firm has a 50 day simple moving average of $86.29 and a 200-day simple moving average of $85.47. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The stock has a market capitalization of $13.07 billion, a PE ratio of 11.39, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25.

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

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Piper Sandler boosted their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Royal Bank of Canada lowered their price objective on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. UBS Group lowered their price objective on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. Barclays lowered their price objective on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $82.00 to $75.00 in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, CF Industries currently has an average rating of “Hold” and an average target price of $90.15.

Insider Activity

In related news, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the sale, the executive vice president now directly owns 92,486 shares in the company, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now owns 15,871 shares of the company’s stock, 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 worth $1,130,955 over the last three months. Corporate insiders own 0.42% of the company’s stock.

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.