Resonant Capital Advisors LLC Sells 116 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Resonant Capital Advisors LLC lowered its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,278 shares of the basic materials company’s stock after selling 116 shares during the quarter. Resonant Capital Advisors LLC’s holdings in CF Industries were worth $365,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. FMR LLC boosted its holdings in shares of CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after buying an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. lifted its position in CF Industries by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock worth $477,668,000 after acquiring an additional 22,392 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in CF Industries by 15.1% during the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after acquiring an additional 549,569 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of CF Industries by 10.2% in the third quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock worth $111,582,000 after purchasing an additional 120,193 shares during the period. Finally, AustralianSuper Pty Ltd lifted its position in shares of CF Industries by 2.4% during the 3rd quarter. AustralianSuper Pty Ltd now owns 1,093,885 shares of the basic materials company’s stock worth $93,855,000 after purchasing an additional 25,701 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Up 0.3 %

Shares of CF opened at $92.50 on Tuesday. The stock has a 50 day simple moving average of $89.50 and a 200-day simple moving average of $84.63. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The stock has a market cap of $16.10 billion, a PE ratio of 14.64, a PEG ratio of 0.74 and a beta of 0.98. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.50 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.16%. CF Industries’s dividend payout ratio is presently 31.65%.

Analyst Upgrades and Downgrades

CF has been the topic of several recent analyst reports. UBS Group lifted their price target on CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 28th. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price on the stock. in a research report on Tuesday, January 21st. Oppenheimer reduced their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Scotiabank restated a “sector underperform” rating and set a $88.00 price objective on shares of CF Industries in a report on Friday, January 24th. Finally, Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a research note on Wednesday, October 16th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $92.43.

Insider Activity

In other news, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the sale, the executive vice president now owns 103,155 shares in the company, valued at approximately $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Ashraf K. Malik sold 7,000 shares of CF Industries stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the transaction, the vice president now directly owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This represents a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,389 shares of company stock worth $2,355,425. Corporate insiders own 0.42% of the company’s stock.

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.