CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Venturi Wealth Management LLC

Venturi Wealth Management LLC raised its position in CF Industries Holdings, Inc. (NYSE:CF) by 1,609.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,213 shares of the basic materials company’s stock after buying an additional 3,025 shares during the period. Venturi Wealth Management LLC’s holdings in CF Industries were worth $274,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Central Pacific Bank Trust Division purchased a new position in CF Industries in the fourth quarter valued at about $74,000. Kingsview Wealth Management LLC purchased a new position in shares of CF Industries during the 3rd quarter valued at approximately $3,149,000. AMG National Trust Bank purchased a new position in shares of CF Industries during the 3rd quarter valued at approximately $887,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of CF Industries by 14.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company’s stock worth $14,543,000 after buying an additional 21,632 shares in the last quarter. Finally, Quantinno Capital Management LP increased its stake in shares of CF Industries by 118.7% in the third quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock worth $1,372,000 after buying an additional 8,679 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares of the company’s stock, valued at $8,928,670. The trade was a 1.57 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,389 shares of company stock worth $1,455,965. Company insiders own 0.42% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on CF. Scotiabank reiterated a “sector underperform” rating and set a $88.00 price objective on shares of CF Industries in a research note on Friday, January 24th. Barclays cut shares of CF Industries from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $96.00 to $100.00 in a research report on Tuesday, January 21st. Royal Bank of Canada lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a report on Tuesday, January 21st. Oppenheimer reduced their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Finally, Piper Sandler lifted their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $92.29.

CF Industries Price Performance

Shares of CF opened at $80.22 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The company has a market cap of $13.96 billion, a P/E ratio of 12.69, a PEG ratio of 0.39 and a beta of 0.98. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The stock has a fifty day moving average price of $88.14 and a 200 day moving average price of $85.46.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. On average, research analysts forecast that CF Industries Holdings, Inc. will post 6.31 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.49%. CF Industries’s dividend payout ratio (DPR) is presently 31.65%.

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.