Peak Retirement Planning Inc. Buys Shares of 9,262 CF Industries Holdings, Inc. (NYSE:CF)

Peak Retirement Planning Inc. bought a new position in CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 9,262 shares of the basic materials company’s stock, valued at approximately $791,000.

Several other institutional investors have also modified their holdings of CF. Barclays PLC raised its position in shares of CF Industries by 68.9% during the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock valued at $63,263,000 after buying an additional 300,873 shares during the period. Park Avenue Securities LLC acquired a new stake in CF Industries during the fourth quarter worth $226,000. Ballentine Partners LLC raised its position in CF Industries by 2.3% in the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock valued at $482,000 after purchasing an additional 127 shares during the period. Atomi Financial Group Inc. acquired a new position in shares of CF Industries in the 4th quarter valued at $216,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of CF Industries by 3.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,876 shares of the basic materials company’s stock valued at $1,440,000 after purchasing an additional 487 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

NYSE:CF opened at $89.00 on Friday. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25. The company has a fifty day simple moving average of $78.55 and a two-hundred day simple moving average of $83.50. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The company has a market cap of $15.09 billion, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 0.37 and a beta of 0.94.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.38. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.53 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. CF Industries’s revenue was up 13.1% compared to the same quarter last year. During the same period last year, the business posted $1.03 earnings per share. As a group, equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries announced that its Board of Directors has authorized a stock buyback plan on Wednesday, May 7th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the basic materials company to reacquire up to 14.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend is Thursday, May 15th. CF Industries’s dividend payout ratio is presently 26.35%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Scotiabank raised CF Industries from a “sector underperform” rating to a “sector perform” rating and set a $81.00 price objective for the company in a research report on Wednesday, April 9th. UBS Group lifted their price target on shares of CF Industries from $79.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday, May 8th. Wells Fargo & Company boosted their price target on shares of CF Industries from $96.00 to $98.00 and gave the company an “overweight” rating in a research note on Monday, May 12th. Barclays upped their price objective on shares of CF Industries from $87.00 to $91.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and dropped their target price for the company from $82.00 to $75.00 in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $90.21.

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.