9,462 Shares in CF Industries Holdings, Inc. (NYSE:CF) Acquired by VCI Wealth Management LLC

VCI Wealth Management LLC acquired a new position in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 9,462 shares of the basic materials company’s stock, valued at approximately $752,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC bought a new position in CF Industries in the 4th quarter worth approximately $29,000. ORG Partners LLC boosted its holdings in CF Industries by 428.6% in the 3rd quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 300 shares during the period. Bruce G. Allen Investments LLC bought a new position in CF Industries in the 4th quarter valued at $32,000. Meeder Asset Management Inc. bought a new position in CF Industries in the 4th quarter valued at $36,000. Finally, Larson Financial Group LLC bought a new position in CF Industries in the 3rd quarter valued at $50,000. 93.06% of the stock is owned by institutional investors.

Insider Activity

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

CF Industries Trading Up 0.9 %

NYSE:CF traded up $0.73 during trading hours on Thursday, reaching $79.98. The company’s stock had a trading volume of 1,507,267 shares, compared to its average volume of 2,469,058. The firm has a market capitalization of $15.01 billion, a price-to-earnings ratio of 10.20, a PEG ratio of 2.23 and a beta of 1.03. The firm has a 50-day simple moving average of $81.49 and a 200-day simple moving average of $79.67. CF Industries Holdings, Inc. has a 1 year low of $60.08 and a 1 year high of $87.90. 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 (NYSE:CF) last released its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the firm posted $4.35 EPS. CF Industries’s revenue was down 39.8% compared to the same quarter last year. Research analysts expect that CF Industries Holdings, Inc. will post 5.86 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Tuesday, May 14th. CF Industries’s payout ratio is 25.51%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CF. Piper Sandler downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their price target for the company from $87.00 to $82.00 in a report on Thursday, February 29th. UBS Group downgraded 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. 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. Royal Bank of Canada reissued an “outperform” rating and issued a $95.00 price target on shares of CF Industries in a report on Friday, February 16th. Finally, Wells Fargo & Company dropped their price objective on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a report on Friday, February 16th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $86.47.

CF Industries 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.