30,127 CF Industries Holdings, Inc. $CF Shares Acquired by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC boosted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 325.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 39,391 shares of the basic materials company’s stock after buying an additional 30,127 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in CF Industries were worth $4,885,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC lifted its position in CF Industries by 553.6% during the third quarter. NorthCrest Asset Manangement LLC now owns 103,390 shares of the basic materials company’s stock worth $12,950,000 after acquiring an additional 87,572 shares during the last quarter. Vertrix Wealth Management LLC bought a new stake in shares of CF Industries during the third quarter worth approximately $3,604,000. Balefire LLC boosted its holdings in shares of CF Industries by 36.8% during the third quarter. Balefire LLC now owns 8,197 shares of the basic materials company’s stock worth $976,000 after acquiring an additional 2,207 shares during the period. Wedmont Private Capital grew its position in shares of CF Industries by 409.2% in the third quarter. Wedmont Private Capital now owns 15,654 shares of the basic materials company’s stock valued at $1,962,000 after purchasing an additional 12,580 shares during the last quarter. Finally, Insight Wealth Strategies LLC grew its position in shares of CF Industries by 1.6% in the third quarter. Insight Wealth Strategies LLC now owns 55,706 shares of the basic materials company’s stock valued at $6,417,000 after purchasing an additional 874 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

CF Industries Stock Performance

NYSE:CF traded up $2.69 during mid-day trading on Tuesday, reaching $117.27. 2,595,951 shares of the company’s stock were exchanged, compared to its average volume of 3,274,214. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The firm has a market capitalization of $17.75 billion, a PE ratio of 8.69, a price-to-earnings-growth ratio of 0.22 and a beta of 0.53. The business’s fifty day simple moving average is $123.54 and its two-hundred day simple moving average is $120.59. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing the consensus estimate of $5.63 by ($0.90). The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%. CF Industries’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.37 EPS. Analysts anticipate that CF Industries Holdings, Inc. will post 13.90 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, November 16th. CF Industries’s dividend payout ratio is presently 17.79%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CF shares. set a $115.00 target price on CF Industries and gave the stock a “sector perform” rating in a research note on Monday, October 5th. Sanford C. Bernstein started coverage on CF Industries in a report on Friday, September 25th. They set an “outperform” rating and a $162.00 price target for the company. UBS Group boosted their price target on CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Morgan Stanley reduced their price target on CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 7th. Finally, Scotiabank upped their price objective on CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $121.11.

CF Industries Company Profile

CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.