RIA Advisory Group LLC Purchases Shares of 3,463 CF Industries Holdings, Inc. (NYSE:CF)

RIA Advisory Group LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,463 shares of the basic materials company’s stock, valued at approximately $275,000.

A number of other institutional investors have also made changes to their positions in CF. Coppell Advisory Solutions Corp. acquired a new position in shares of CF Industries during the fourth quarter worth $26,000. Clear Street Markets LLC lifted its position in shares of CF Industries by 92.5% during the first quarter. Clear Street Markets LLC now owns 385 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 185 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new position in shares of CF Industries during the fourth quarter worth $29,000. ORG Partners LLC raised its holdings in CF Industries by 428.6% in the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 300 shares in the last quarter. Finally, Bruce G. Allen Investments LLC acquired a new stake in CF Industries in the fourth quarter valued at $32,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CF shares. Wolfe Research started coverage on shares of CF Industries in a report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price target on the stock. Barclays raised shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target on the stock in a report on Friday, January 12th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $95.00 price target on shares of CF Industries in a report on Friday, February 16th. Berenberg Bank upped their price target on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a report on Wednesday. Finally, UBS Group cut shares of CF Industries from a “buy” rating to a “neutral” rating and cut their price target for the company from $95.00 to $83.00 in a report on Wednesday, January 31st. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $87.94.

CF Industries Stock Performance

Shares of CF Industries stock traded down $0.12 during trading on Friday, hitting $79.47. 1,503,894 shares of the stock were exchanged, compared to its average volume of 2,520,984. The stock’s fifty day moving average is $81.40 and its 200 day moving average is $79.77. The stock has a market cap of $14.92 billion, a PE ratio of 10.14, a P/E/G ratio of 2.21 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.44 and a current ratio of 3.81. CF Industries Holdings, Inc. has a 12 month low of $60.08 and a 12 month high of $87.90.

CF Industries (NYSE:CF) last released its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.12). The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.51 billion. CF Industries had a return on equity of 18.44% and a net margin of 23.00%. The firm’s revenue was down 39.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.35 EPS. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.52%. CF Industries’s dividend payout ratio is currently 25.51%.

Insider Transactions at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of the stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the completion of the transaction, the executive vice president now owns 64,030 shares in the company, valued at approximately $5,442,550. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.42% of the company’s stock.

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.