CF Industries Holdings, Inc. (NYSE:CF) Shares Acquired by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust boosted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 1,127.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 7,624 shares of the basic materials company’s stock after purchasing an additional 7,003 shares during the period. Parkside Financial Bank & Trust’s holdings in CF Industries were worth $606,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors increased its position 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 acquiring an additional 126 shares during the period. Donoghue Forlines LLC increased its position in CF Industries by 1.9% during the 3rd quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock worth $586,000 after purchasing an additional 130 shares during the period. Raymond James Trust N.A. increased its position in CF Industries by 5.3% during the 4th quarter. Raymond James Trust N.A. now owns 3,507 shares of the basic materials company’s stock worth $279,000 after purchasing an additional 176 shares during the period. Perigon Wealth Management LLC increased its position in CF Industries by 2.9% during the 3rd quarter. Perigon Wealth Management LLC now owns 6,559 shares of the basic materials company’s stock worth $562,000 after purchasing an additional 182 shares during the period. Finally, Greenleaf Trust increased its position in CF Industries by 5.7% during the 3rd quarter. Greenleaf Trust now owns 3,680 shares of the basic materials company’s stock worth $316,000 after purchasing an additional 197 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Transactions at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president now directly owns 64,030 shares in the company, valued at approximately $5,442,550. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on CF shares. Bank of America reissued a “neutral” rating and set a $88.00 price target (down previously from $96.00) on shares of CF Industries in a research note on Wednesday, April 10th. Wolfe Research initiated coverage on CF Industries in a research note on Friday, March 1st. They set an “outperform” rating and a $99.00 price target on the stock. Wells Fargo & Company reduced their target price 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. Berenberg Bank upped their target price on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. Finally, Barclays raised CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 target price on the stock in a research note on Friday, January 12th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $86.47.

CF Industries Trading Down 0.3 %

CF traded down $0.25 during trading on Tuesday, hitting $78.55. The company’s stock had a trading volume of 913,408 shares, compared to its average volume of 2,485,177. The firm’s 50 day moving average price is $81.43 and its 200-day moving average price is $79.69. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44. The stock has a market cap of $14.75 billion, a PE ratio of 10.05, a PEG ratio of 2.26 and a beta of 1.03. 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 released its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 18.44% and a net margin of 23.00%. The company’s quarterly revenue was down 39.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.35 earnings per share. On average, analysts expect that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.55%. CF Industries’s payout ratio is 25.51%.

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.