2,669 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by Planned Solutions Inc.

Planned Solutions Inc. acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, HoldingsChannel reports. The fund acquired 2,669 shares of the basic materials company’s stock, valued at approximately $212,000.

Other hedge funds have also modified their holdings of the company. Coppell Advisory Solutions Corp. acquired a new position in shares of CF Industries during the 4th quarter worth about $26,000. ORG Partners LLC raised its holdings in CF Industries by 428.6% during the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 300 shares in the last quarter. Clear Street Markets LLC lifted its position in shares of CF Industries by 92.5% during the 1st quarter. Clear Street Markets LLC now owns 385 shares of the basic materials company’s stock worth $28,000 after buying an additional 185 shares during the last quarter. Bruce G. Allen Investments LLC acquired a new position in shares of CF Industries in the 4th quarter valued at $32,000. Finally, Gyon Technologies Capital Management LP purchased a new position in shares of CF Industries in the 4th quarter valued at $43,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on CF. Wolfe Research began coverage on CF Industries in a research report on Friday, March 1st. They set an “outperform” rating and a $99.00 price target on the stock. Barclays raised CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 target price on the stock in a report on Friday, January 12th. Piper Sandler cut shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their price target for the stock from $87.00 to $82.00 in a report on Thursday, February 29th. Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 price objective on shares of CF Industries in a research note on Friday, February 16th. Finally, Wells Fargo & Company decreased their target price on CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a research report on Friday, February 16th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $90.19.

Insider Buying and Selling

In related news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.42% of the company’s stock.

CF Industries Trading Up 1.0 %

Shares of CF stock opened at $82.62 on Thursday. The firm has a market capitalization of $15.51 billion, a PE ratio of 10.54, a price-to-earnings-growth ratio of 2.35 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.44 and a current ratio of 3.81. CF Industries Holdings, Inc. has a 1 year low of $60.08 and a 1 year high of $87.90. The stock has a fifty day moving average of $79.80 and a two-hundred day moving average of $79.99.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter last year, the business posted $4.35 earnings per share. The firm’s revenue for the quarter was down 39.8% compared to the same quarter last year. As a group, research analysts expect that CF Industries Holdings, Inc. will post 5.81 EPS for the current year.

CF Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date was Wednesday, February 14th. This is an increase from CF Industries’s previous quarterly dividend of $0.40. CF Industries’s dividend payout ratio is 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.