First Horizon Advisors Inc. Buys 250 Shares of CF Industries Holdings, Inc. (NYSE:CF)

First Horizon Advisors Inc. lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 16.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,811 shares of the basic materials company’s stock after purchasing an additional 250 shares during the period. First Horizon Advisors Inc.’s holdings in CF Industries were worth $144,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. First Trust Direct Indexing L.P. grew its holdings in shares of CF Industries by 16.8% during the fourth quarter. First Trust Direct Indexing L.P. now owns 2,924 shares of the basic materials company’s stock worth $232,000 after purchasing an additional 421 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of CF Industries by 5.0% during the fourth quarter. Victory Capital Management Inc. now owns 820,599 shares of the basic materials company’s stock worth $65,238,000 after purchasing an additional 39,015 shares during the last quarter. Choreo LLC bought a new stake in shares of CF Industries during the fourth quarter worth $460,000. Russell Investments Group Ltd. boosted its holdings in CF Industries by 37.0% in the fourth quarter. Russell Investments Group Ltd. now owns 183,712 shares of the basic materials company’s stock valued at $14,605,000 after acquiring an additional 49,588 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in CF Industries by 173.6% in the fourth quarter. Truist Financial Corp now owns 20,757 shares of the basic materials company’s stock valued at $1,650,000 after acquiring an additional 13,171 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Transactions at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the sale, the executive vice president now owns 64,030 shares of the company’s stock, valued at approximately $5,442,550. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.42% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on CF shares. Wells Fargo & Company decreased their price target on CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a report on Friday, February 16th. Wolfe Research started coverage on CF Industries in a report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price target on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 price target on shares of CF Industries in a report on Friday, February 16th. Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target on the stock in a report on Friday, January 12th. Finally, Berenberg Bank raised their price target on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a report on Wednesday, April 17th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $85.44.

CF Industries Trading Up 0.6 %

NYSE CF opened at $74.51 on Tuesday. The firm has a market cap of $13.99 billion, a P/E ratio of 12.38, a P/E/G ratio of 2.11 and a beta of 1.02. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.94 and a quick ratio of 3.55. The stock’s 50-day moving average is $81.34 and its 200-day moving average is $79.20. CF Industries Holdings, Inc. has a one year low of $60.08 and a one year high of $87.90.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The company’s revenue for the quarter was down 26.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.85 EPS. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio is currently 33.22%.

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.