1,734 Shares in CF Industries Holdings, Inc. (NYSE:CF) Bought by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,734 shares of the basic materials company’s stock, valued at approximately $148,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cibc World Markets Corp increased its stake in CF Industries by 284.5% during the 4th quarter. Cibc World Markets Corp now owns 94,564 shares of the basic materials company’s stock worth $8,068,000 after buying an additional 69,968 shares during the period. Creative Financial Designs Inc. ADV increased its position in shares of CF Industries by 50.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 161 shares during the last quarter. Gallacher Capital Management LLC increased its position in shares of CF Industries by 19.4% in the 4th quarter. Gallacher Capital Management LLC now owns 9,391 shares of the basic materials company’s stock worth $801,000 after purchasing an additional 1,528 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of CF Industries by 2.0% in the 4th quarter. Corient Private Wealth LLC now owns 17,092 shares of the basic materials company’s stock worth $1,458,000 after purchasing an additional 338 shares during the last quarter. Finally, Choate Investment Advisors increased its position in shares of CF Industries by 6.7% in the 4th quarter. Choate Investment Advisors now owns 2,976 shares of the basic materials company’s stock worth $254,000 after purchasing an additional 188 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 1.5 %

CF Industries stock opened at $77.76 on Tuesday. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average price of $85.31 and a two-hundred day moving average price of $85.31. The firm has a market capitalization of $13.18 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date was Friday, February 14th. CF Industries’s payout ratio is 29.54%.

Insider Transactions at CF Industries

In other news, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the sale, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The stock was 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 of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,889 shares of company stock valued at $1,130,955. Company insiders own 0.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CF. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. UBS Group dropped their target price 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. 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. Scotiabank dropped their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research report on Monday, February 24th. Finally, Royal Bank of Canada dropped their target price 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. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and a consensus target price of $89.86.

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.