CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC trimmed its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 8.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,222 shares of the basic materials company’s stock after selling 959 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in CF Industries were worth $813,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Coppell Advisory Solutions Corp. acquired a new stake in CF Industries in the fourth quarter valued at $26,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of CF Industries in the fourth quarter valued at about $29,000. ORG Partners LLC boosted its holdings in CF Industries by 428.6% during the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock worth $32,000 after buying an additional 300 shares in the last quarter. Clear Street Markets LLC grew its position in 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 buying an additional 185 shares during the period. Finally, Bruce G. Allen Investments LLC purchased a new position in CF Industries in the fourth quarter valued at about $32,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Down 3.4 %

Shares of NYSE:CF opened at $78.10 on Monday. CF Industries Holdings, Inc. has a 12-month low of $60.08 and a 12-month high of $87.90. The stock’s 50-day moving average price is $81.24 and its two-hundred day moving average price is $79.90. The company has a current ratio of 3.81, a quick ratio of 3.44 and a debt-to-equity ratio of 0.35. The firm has a market cap of $14.66 billion, a price-to-earnings ratio of 9.96, a PEG ratio of 2.23 and a beta of 1.03.

CF Industries (NYSE:CF) last released its earnings results 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). The company had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.51 billion. CF Industries had a net margin of 23.00% and a return on equity of 18.44%. CF Industries’s revenue for the quarter was down 39.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.35 earnings per share. On average, research analysts forecast that CF Industries Holdings, Inc. will post 5.85 EPS for the current year.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.56%. This is an increase from CF Industries’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Wednesday, February 14th. CF Industries’s dividend payout ratio is presently 25.51%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CF. UBS Group cut CF Industries from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $95.00 to $83.00 in a report on Wednesday, January 31st. Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target for the company in a research report on Friday, January 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 price objective on shares of CF Industries in a research report on Friday, February 16th. Wells Fargo & Company dropped their target price 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. Finally, Bank of America reaffirmed a “neutral” rating and issued a $88.00 price target (down previously from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $89.20.

Insider Buying and Selling

In other news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the transaction, the executive vice president now directly owns 64,030 shares of the company’s stock, valued at approximately $5,442,550. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.48% of the company’s stock.

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.