EP Wealth Advisors LLC Acquires Shares of 4,614 CF Industries Holdings, Inc. (NYSE:CF)

EP Wealth Advisors LLC bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,614 shares of the basic materials company’s stock, valued at approximately $396,000.

A number of other institutional investors have also recently bought and sold shares of the company. Wolff Wiese Magana LLC bought a new stake in CF Industries in the third quarter valued at approximately $28,000. Brooklyn Investment Group bought a new position in CF Industries in the 3rd quarter valued at about $39,000. Quent Capital LLC lifted its position in CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC grew its position in shares of CF Industries by 262.6% in the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 478 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in shares of CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 191 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Up 0.3 %

NYSE:CF opened at $90.11 on Friday. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $94.46. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The firm’s 50 day moving average is $86.72 and its 200 day moving average is $80.61. The stock has a market capitalization of $15.68 billion, a PE ratio of 14.26, a price-to-earnings-growth ratio of 2.33 and a beta of 0.98.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.85 EPS. Sell-side analysts expect that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date was Friday, November 15th. CF Industries’s payout ratio is presently 31.65%.

Insider Transactions at CF Industries

In related news, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the transaction, the executive vice president now owns 66,268 shares of the company’s stock, valued at $5,964,120. This represents a 2.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ashraf K. Malik sold 7,201 shares of the company’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the transaction, the vice president now owns 29,211 shares of the company’s stock, valued at $2,629,574.22. The trade was a 19.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 22,701 shares of company stock valued at $2,052,704. 0.42% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of recent research reports. Barclays boosted their price objective on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Wells Fargo & Company increased their price target on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Piper Sandler lifted their price objective on CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a report on Friday, November 8th. Oppenheimer started coverage on CF Industries in a research note on Thursday. They issued an “outperform” rating and a $114.00 price target for the company. Finally, Mizuho increased their price objective on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $90.38.

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.