Peak Retirement Planning Inc. Purchases 6,208 Shares of CF Industries Holdings, Inc. $CF

Peak Retirement Planning Inc. grew its position in CF Industries Holdings, Inc. (NYSE:CF) by 44.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,258 shares of the basic materials company’s stock after acquiring an additional 6,208 shares during the quarter. Peak Retirement Planning Inc.’s holdings in CF Industries were worth $1,817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of CF. Trust Co. of Toledo NA OH bought a new stake in CF Industries in the second quarter worth $26,000. Harbor Capital Advisors Inc. increased its holdings in shares of CF Industries by 78.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after buying an additional 128 shares during the last quarter. True Wealth Design LLC raised its position in shares of CF Industries by 396.2% during the 3rd quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock valued at $35,000 after buying an additional 309 shares in the last quarter. Eastern Bank bought a new position in shares of CF Industries in the 3rd quarter valued at about $35,000. Finally, Root Financial Partners LLC bought a new position in shares of CF Industries in the 3rd quarter valued at about $41,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Performance

Shares of CF Industries stock opened at $89.91 on Tuesday. The company has a quick ratio of 1.99, a current ratio of 2.27 and a debt-to-equity ratio of 0.39. The stock’s fifty day moving average is $81.88 and its two-hundred day moving average is $84.85. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $104.45. The company has a market capitalization of $14.02 billion, a PE ratio of 10.83 and a beta of 0.69.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.13. The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.59 billion. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.The business’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period last year, the company earned $1.55 earnings per share. As a group, analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, February 13th. CF Industries’s payout ratio is 24.10%.

Analysts Set New Price Targets

CF has been the topic of several analyst reports. Wells Fargo & Company initiated coverage on CF Industries in a research note on Tuesday, November 11th. They set an “overweight” rating and a $100.00 price objective on the stock. JPMorgan Chase & Co. cut their target price on CF Industries from $87.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, January 15th. UBS Group lowered their price target on CF Industries from $91.00 to $86.00 and set a “neutral” rating for the company in a research report on Monday, January 12th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. Finally, CIBC assumed coverage on shares of CF Industries in a research note on Tuesday, December 2nd. They issued a “neutral” rating and a $87.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and an average target price of $89.14.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.