CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 3.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,410 shares of the basic materials company’s stock after buying an additional 245 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in CF Industries were worth $722,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CF. Concurrent Investment Advisors LLC grew its holdings in shares of CF Industries by 4.5% in the first quarter. Concurrent Investment Advisors LLC now owns 3,236 shares of the basic materials company’s stock valued at $269,000 after purchasing an additional 140 shares during the period. Bleakley Financial Group LLC increased its holdings in shares of CF Industries by 4.8% during the 1st quarter. Bleakley Financial Group LLC now owns 3,089 shares of the basic materials company’s stock worth $257,000 after buying an additional 141 shares during the last quarter. First Horizon Advisors Inc. raised its position in shares of CF Industries by 8.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock valued at $139,000 after buying an additional 146 shares during the period. Massmutual Trust Co. FSB ADV lifted its holdings in CF Industries by 28.1% in the second quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock valued at $56,000 after acquiring an additional 167 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in 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 acquiring an additional 191 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares in the company, valued at approximately $2,629,574.22. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, VP Ashraf K. Malik sold 7,201 shares of CF Industries stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the transaction, the vice president now directly owns 29,211 shares in the company, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at $5,964,120. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

CF has been the topic of several research analyst reports. Piper Sandler boosted their price objective on shares of CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a report on Friday, November 8th. Mizuho raised their target price on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Wells Fargo & Company boosted their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 24th. Royal Bank of Canada upped their target price on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Finally, Scotiabank raised their price target on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, CF Industries has an average rating of “Hold” and an average price target of $88.42.

CF Industries Price Performance

Shares of NYSE CF opened at $85.21 on Thursday. The stock’s 50-day simple moving average is $83.82 and its 200-day simple moving average is $78.75. The firm has a market capitalization of $14.83 billion, a PE ratio of 13.48, a price-to-earnings-growth ratio of 2.22 and a beta of 0.97. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $90.86. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business posted $0.85 EPS. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. As a group, equities research analysts forecast that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries’s dividend payout ratio (DPR) is 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.