Forvis Mazars Wealth Advisors LLC Has $858,000 Stake in CF Industries Holdings, Inc. (NYSE:CF)

Forvis Mazars Wealth Advisors LLC lowered its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 4.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 10,056 shares of the basic materials company’s stock after selling 488 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in CF Industries were worth $858,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. lifted its stake in shares of CF Industries by 15.1% in the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after buying an additional 549,569 shares in the last quarter. Barclays PLC raised its holdings in shares of CF Industries by 68.9% in the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock worth $63,263,000 after acquiring an additional 300,873 shares during the last quarter. FMR LLC raised its holdings in shares of CF Industries by 3.8% in the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after acquiring an additional 300,050 shares during the last quarter. Yaupon Capital Management LP bought a new position in CF Industries in the 3rd quarter valued at about $17,437,000. Finally, Allianz Asset Management GmbH boosted its stake in CF Industries by 30.5% during the 4th quarter. Allianz Asset Management GmbH now owns 827,407 shares of the basic materials company’s stock valued at $70,594,000 after purchasing an additional 193,487 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CF. UBS Group dropped their target price on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday. Oppenheimer cut their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the company from $82.00 to $75.00 in a report on Friday, January 24th. Barclays cut shares of CF Industries from an “overweight” rating to an “equal weight” rating and boosted their price target for the stock from $96.00 to $100.00 in a report on Tuesday, January 21st. Finally, Scotiabank reiterated a “sector underperform” rating and issued a $88.00 price objective on shares of CF Industries in a research note on Friday, January 24th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $92.29.

Insiders Place Their Bets

In other news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the transaction, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,389 shares of company stock worth $1,455,965 in the last three months. 0.42% of the stock is currently owned by corporate insiders.

CF Industries Price Performance

CF Industries stock opened at $77.90 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. The firm has a market capitalization of $13.56 billion, a P/E ratio of 11.51, a PEG ratio of 0.37 and a beta of 0.98. The business has a fifty day moving average price of $87.91 and a 200-day moving average price of $85.67.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. As a group, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date is Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

About CF Industries

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.