Donald L. Hagan LLC Invests $982,000 in CF Industries Holdings, Inc. (NYSE:CF)

Donald L. Hagan LLC purchased a new position in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,346 shares of the basic materials company’s stock, valued at approximately $982,000.

A number of other institutional investors have also recently made changes to their positions in CF. Kentucky Retirement Systems increased its holdings in shares of CF Industries by 0.7% in the 3rd quarter. Kentucky Retirement Systems now owns 15,598 shares of the basic materials company’s stock valued at $1,501,000 after acquiring an additional 116 shares during the last quarter. Arkadios Wealth Advisors increased its stake in CF Industries by 2.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 5,148 shares of the basic materials company’s stock valued at $441,000 after purchasing an additional 126 shares in the last quarter. Donoghue Forlines LLC increased its stake in CF Industries by 1.9% in the 3rd quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock valued at $586,000 after purchasing an additional 130 shares in the last quarter. Janiczek Wealth Management LLC increased its stake in CF Industries by 36.5% in the 3rd quarter. Janiczek Wealth Management LLC now owns 516 shares of the basic materials company’s stock valued at $44,000 after purchasing an additional 138 shares in the last quarter. Finally, Eaton Vance Management increased its position in CF Industries by 3.4% during the first quarter. Eaton Vance Management now owns 4,727 shares of the basic materials company’s stock worth $487,000 after buying an additional 157 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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

Wall Street Analysts Forecast Growth

A number of research analysts have commented on CF shares. UBS Group cut CF Industries from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $95.00 to $83.00 in a research note on Wednesday, January 31st. Wolfe Research started coverage on CF Industries in a research note on Friday, March 1st. They issued an “outperform” rating and a $99.00 target price for the company. Royal Bank of Canada reissued an “outperform” rating and set a $95.00 price target on shares of CF Industries in a report on Friday, February 16th. Piper Sandler lowered CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $87.00 to $82.00 in a report on Thursday, February 29th. Finally, Wells Fargo & Company dropped their price target on CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a research note on Friday, February 16th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus target price of $90.19.

CF Industries Price Performance

CF Industries stock traded up $0.60 on Friday, reaching $83.21. The company’s stock had a trading volume of 2,325,219 shares, compared to its average volume of 3,462,958. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.44 and a current ratio of 3.81. The company has a market cap of $15.62 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 2.37 and a beta of 1.03. The business’s fifty day moving average price is $80.13 and its 200 day moving average price is $80.02. CF Industries Holdings, Inc. has a twelve month low of $60.08 and a twelve month high of $87.90.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (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 analyst estimates of $1.51 billion. CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The company’s revenue was down 39.8% compared to the same quarter last year. During the same period last year, the company earned $4.35 EPS. Equities analysts expect that CF Industries Holdings, Inc. will post 5.81 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.40%. This is a boost 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 (DPR) is presently 25.51%.

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.