CF Industries Holdings, Inc. (NYSE:CF) Stock Holdings Lessened by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC reduced its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 8.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,159 shares of the basic materials company’s stock after selling 308 shares during the quarter. Verdence Capital Advisors LLC’s holdings in CF Industries were worth $251,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. CWM LLC increased its stake in CF Industries by 15.5% during the 3rd quarter. CWM LLC now owns 2,748 shares of the basic materials company’s stock valued at $236,000 after buying an additional 368 shares during the period. Douglas Lane & Associates LLC acquired a new position in shares of CF Industries in the third quarter worth about $283,000. Marion Wealth Management boosted its holdings in shares of CF Industries by 4.6% in the third quarter. Marion Wealth Management now owns 9,337 shares of the basic materials company’s stock worth $801,000 after buying an additional 408 shares during the period. CX Institutional acquired a new position in shares of CF Industries in the third quarter worth about $3,367,000. Finally, Spectrum Asset Management Inc. NB CA boosted its holdings in shares of CF Industries by 39.9% in the third quarter. Spectrum Asset Management Inc. NB CA now owns 36,639 shares of the basic materials company’s stock worth $3,141,000 after buying an additional 10,454 shares during the period. 93.06% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Bert A. Frost sold 6,000 shares of the business’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total transaction of $510,000.00. Following the transaction, the executive vice president now owns 64,030 shares of the company’s stock, valued at $5,442,550. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.48% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group cut shares of CF Industries from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $95.00 to $83.00 in a report on Wednesday, January 31st. Barclays upgraded shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target for the company in a report on Friday, January 12th. Wolfe Research assumed coverage on shares of CF Industries in a report on Friday, March 1st. They set an “outperform” rating and a $99.00 price target for the company. Wells Fargo & Company decreased their price target on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a report on Friday, February 16th. Finally, Bank of America restated a “neutral” rating and set a $88.00 price target (down from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, CF Industries presently has an average rating of “Hold” and a consensus target price of $86.47.

CF Industries Trading Down 0.3 %

NYSE:CF opened at $78.55 on Wednesday. CF Industries Holdings, Inc. has a 12 month low of $60.08 and a 12 month high of $87.90. The firm has a market cap of $14.75 billion, a price-to-earnings ratio of 10.02, a P/E/G ratio of 2.26 and a beta of 1.03. The company has a quick ratio of 3.44, a current ratio of 3.81 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $81.46 and its 200-day moving average is $79.67.

CF Industries (NYSE:CF) last released its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the prior year, the business earned $4.35 EPS. The company’s revenue for the quarter was down 39.8% compared to the same quarter last year. Equities analysts anticipate that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors 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 yield of 2.55%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio (DPR) is currently 25.51%.

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.