3,240 Shares in CF Industries Holdings, Inc. (NYSE:CF) Acquired by SVB Wealth LLC

SVB Wealth LLC acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, Holdings Channel.com reports. The fund acquired 3,240 shares of the basic materials company’s stock, valued at approximately $276,000.

A number of other institutional investors have also made changes to their positions in CF. Farther Finance Advisors LLC raised its position in shares of CF Industries by 16.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,326 shares of the basic materials company’s stock valued at $285,000 after purchasing an additional 467 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new position in CF Industries during the 3rd quarter valued at $1,153,000. QRG Capital Management Inc. grew its holdings in CF Industries by 8.5% during the 3rd quarter. QRG Capital Management Inc. now owns 10,884 shares of the basic materials company’s stock worth $934,000 after acquiring an additional 855 shares in the last quarter. Catalyst Capital Advisors LLC increased its position in shares of CF Industries by 262.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 478 shares during the last quarter. Finally, Fiera Capital Corp acquired a new stake in shares of CF Industries in the 3rd quarter valued at about $494,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Oppenheimer lowered their price objective on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Piper Sandler raised their price objective on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. Barclays decreased their price objective on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday. Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price on the stock in a report on Monday, February 24th. Finally, Royal Bank of Canada decreased their price target on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $90.15.

CF Industries Price Performance

Shares of CF opened at $76.32 on Thursday. The firm has a market capitalization of $12.94 billion, a price-to-earnings ratio of 11.27, a price-to-earnings-growth ratio of 0.37 and a beta of 0.98. The stock’s fifty day moving average is $86.93 and its 200-day moving average is $85.56. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s payout ratio is currently 29.54%.

Insider Activity

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the sale, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is owned by company insiders.

CF Industries 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.