CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by Wahed Invest LLC

Wahed Invest LLC raised its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,281 shares of the basic materials company’s stock after buying an additional 154 shares during the period. Wahed Invest LLC’s holdings in CF Industries were worth $261,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC acquired a new stake in CF Industries in the fourth quarter valued at $29,000. Bruce G. Allen Investments LLC purchased a new position in shares of CF Industries during the fourth quarter worth about $32,000. Meeder Asset Management Inc. purchased a new position in shares of CF Industries during the fourth quarter worth about $36,000. ORG Partners LLC grew its holdings in shares of CF Industries by 62.2% during the fourth quarter. ORG Partners LLC now owns 600 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 230 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in shares of CF Industries by 70.1% during the third quarter. Parkside Financial Bank & Trust now owns 621 shares of the basic materials company’s stock worth $53,000 after purchasing an additional 256 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on CF shares. Berenberg Bank raised their price objective on CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a report on Wednesday, April 17th. Piper Sandler lowered their price objective on CF Industries from $82.00 to $75.00 and set an “underweight” rating on the stock in a report on Tuesday, May 7th. BMO Capital Markets dropped their target price on CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, May 6th. Bank of America reissued a “neutral” rating and issued a $88.00 price target (down from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Finally, Wolfe Research began coverage on CF Industries in a report on Friday, March 1st. They set an “outperform” rating and a $99.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and a consensus price target of $85.00.

CF Industries Trading Up 1.0 %

NYSE:CF opened at $74.02 on Tuesday. The company has a market capitalization of $13.53 billion, a PE ratio of 12.30, a price-to-earnings-growth ratio of 2.34 and a beta of 1.00. The company has a quick ratio of 3.55, a current ratio of 3.94 and a debt-to-equity ratio of 0.37. CF Industries Holdings, Inc. has a 52-week low of $67.59 and a 52-week high of $87.90. The stock has a fifty day simple moving average of $77.41 and a 200-day simple moving average of $78.72.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.44). The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The company’s quarterly revenue was down 26.9% compared to the same quarter last year. During the same period last year, the firm earned $2.85 EPS. On average, equities research analysts expect that CF Industries Holdings, Inc. will post 5.23 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.70%. The ex-dividend date was Tuesday, May 14th. CF Industries’s dividend payout ratio (DPR) is presently 33.22%.

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.