Resonant Capital Advisors LLC Sells 133 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Resonant Capital Advisors LLC decreased its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.5% in the 4th quarter, Holdings Channel reports. The fund owned 5,104 shares of the basic materials company’s stock after selling 133 shares during the quarter. Resonant Capital Advisors LLC’s holdings in CF Industries were worth $406,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Kentucky Retirement Systems lifted its stake in shares of CF Industries by 0.7% during the 3rd quarter. Kentucky Retirement Systems now owns 15,598 shares of the basic materials company’s stock valued at $1,501,000 after buying an additional 116 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in CF Industries by 2.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 5,148 shares of the basic materials company’s stock valued at $441,000 after acquiring an additional 126 shares during the period. Donoghue Forlines LLC lifted its position in shares of CF Industries by 1.9% during the third quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock worth $586,000 after acquiring an additional 130 shares in the last quarter. Janiczek Wealth Management LLC boosted its holdings in shares of CF Industries by 36.5% in the third quarter. Janiczek Wealth Management LLC now owns 516 shares of the basic materials company’s stock worth $44,000 after acquiring an additional 138 shares during the period. Finally, Eaton Vance Management grew its position in shares of CF Industries by 3.4% in the first quarter. Eaton Vance Management now owns 4,727 shares of the basic materials company’s stock valued at $487,000 after purchasing an additional 157 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of NYSE:CF opened at $79.47 on Friday. 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 stock has a market cap of $14.92 billion, a PE ratio of 10.14, a PEG ratio of 2.26 and a beta of 1.03. The company’s fifty day moving average is $81.43 and its 200 day moving average is $79.74. CF Industries Holdings, Inc. has a 52 week low of $60.08 and a 52 week high of $87.90.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (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 company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period last year, the business posted $4.35 earnings per share. The firm’s quarterly revenue was down 39.8% compared to the same quarter last year. Research analysts anticipate that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.52%. CF Industries’s dividend payout ratio (DPR) is currently 25.51%.

Wall Street Analysts Forecast Growth

CF has been the topic of a number of recent research reports. Barclays raised CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price objective on the stock in a report on Friday, January 12th. Piper Sandler downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $87.00 to $82.00 in a report on Thursday, February 29th. Berenberg Bank boosted their price objective on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday. UBS Group lowered 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. Finally, Wolfe Research assumed coverage on shares of CF Industries in a research report on Friday, March 1st. They set an “outperform” rating and a $99.00 price target for the company. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $86.47.

Insider Buying and Selling at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were 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 in the company, valued at $5,442,550. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.42% of the company’s stock.

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.