Hohimer Wealth Management LLC Takes Position in CF Industries Holdings, Inc. $CF

Hohimer Wealth Management LLC bought a new position in CF Industries Holdings, Inc. (NYSE:CF) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,170 shares of the basic materials company’s stock, valued at approximately $733,000.

A number of other large investors have also added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. lifted its holdings in shares of CF Industries by 78.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock valued at $26,000 after buying an additional 128 shares during the period. True Wealth Design LLC grew its holdings in shares of CF Industries by 396.2% in the third quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 309 shares during the period. Eastern Bank purchased a new stake in CF Industries during the third quarter valued at $35,000. Peterson Wealth Services lifted its holdings in CF Industries by 451.3% in the third quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock valued at $40,000 after acquiring an additional 361 shares during the period. Finally, Root Financial Partners LLC bought a new position in CF Industries in the third quarter valued at about $41,000. Institutional investors own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CF. Royal Bank Of Canada boosted their price target on CF Industries from $95.00 to $100.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Wells Fargo & Company raised their price objective on shares of CF Industries from $100.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. The Goldman Sachs Group restated a “neutral” rating and set a $103.00 target price on shares of CF Industries in a research report on Friday, February 20th. HSBC reduced their target price on shares of CF Industries from $95.00 to $91.00 and set a “hold” rating for the company in a report on Monday, November 24th. Finally, Wolfe Research upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and a consensus price target of $95.53.

CF Industries Trading Up 2.4%

Shares of NYSE:CF opened at $99.46 on Friday. The stock has a 50 day moving average of $88.34 and a 200 day moving average of $85.54. The company has a market cap of $15.51 billion, a PE ratio of 11.05 and a beta of 0.70. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $105.27. The company has a current ratio of 3.37, a quick ratio of 2.93 and a debt-to-equity ratio of 0.41.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.06. The business had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.78 billion. CF Industries had a net margin of 20.54% and a return on equity of 19.84%. The company’s revenue for the quarter was up 22.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.89 earnings per share. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, February 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.0%. CF Industries’s payout ratio is 22.22%.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 3,215 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $97.00, for a total value of $311,855.00. Following the completion of the sale, the executive vice president owned 87,861 shares in the company, valued at approximately $8,522,517. This represents a 3.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.42% of the company’s stock.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.