Janiczek Wealth Management LLC raised its stake in shares of CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 186.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 378 shares of the basic materials company’s stock after purchasing an additional 246 shares during the quarter. Janiczek Wealth Management LLC’s holdings in CF Industries were worth $26,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of CF. Desjardins Global Asset Management Inc. increased its stake in CF Industries by 401.4% in the first quarter. Desjardins Global Asset Management Inc. now owns 361 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 289 shares during the last quarter. Coppell Advisory Solutions Corp. purchased a new position in shares of CF Industries during the 4th quarter valued at about $26,000. Clear Street Markets LLC lifted its position in CF Industries by 92.5% in the 1st quarter. Clear Street Markets LLC now owns 385 shares of the basic materials company’s stock worth $28,000 after buying an additional 185 shares during the last quarter. Lindbrook Capital LLC boosted its stake in CF Industries by 56.1% in the first quarter. Lindbrook Capital LLC now owns 420 shares of the basic materials company’s stock worth $30,000 after buying an additional 151 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its position in CF Industries by 48.6% during the first quarter. AdvisorNet Financial Inc now owns 474 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 155 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on CF. HSBC lowered their price objective on shares of CF Industries from $85.00 to $83.00 and set a “hold” rating for the company in a report on Wednesday, July 26th. Bank of America raised their price objective on CF Industries from $95.00 to $98.00 in a research note on Monday, August 7th. StockNews.com started coverage on CF Industries in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Stifel Nicolaus reduced their price target on CF Industries from $76.00 to $74.00 in a research report on Friday, June 30th. Finally, Barclays downgraded CF Industries from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $80.00 to $85.00 in a research report on Monday, August 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus price target of $91.06.
Insider Transactions at CF Industries
In other CF Industries news, EVP Douglas C. Barnard sold 9,700 shares of the firm’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $80.37, for a total transaction of $779,589.00. Following the completion of the sale, the executive vice president now directly owns 15,089 shares in the company, valued at approximately $1,212,702.93. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.42% of the stock is owned by insiders.
CF Industries Trading Down 1.0 %
Shares of NYSE CF opened at $81.25 on Tuesday. CF Industries Holdings, Inc. has a 1 year low of $60.08 and a 1 year high of $112.44. The company has a debt-to-equity ratio of 0.35, a current ratio of 6.55 and a quick ratio of 6.03. The firm has a 50-day moving average of $78.89 and a 200 day moving average of $73.78. The stock has a market cap of $15.68 billion, a P/E ratio of 6.73, a price-to-earnings-growth ratio of 1.75 and a beta of 1.04.
CF Industries (NYSE:CF – Get Free Report) last issued its quarterly earnings results on Wednesday, August 2nd. The basic materials company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.55. CF Industries had a return on equity of 31.18% and a net margin of 27.36%. The firm had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.85 billion. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 7.99 EPS for the current fiscal year.
CF Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, August 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.97%. CF Industries’s payout ratio is presently 13.25%.
CF Industries Company Profile
CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.
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