Impact Partnership Wealth LLC Takes Position in CF Industries Holdings, Inc. (NYSE:CF)

Impact Partnership Wealth LLC purchased a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,552 shares of the basic materials company's stock, valued at approximately $825,000.

Other institutional investors have also recently made changes to their positions in the company. Curat Global LLC bought a new position in CF Industries in the first quarter valued at $25,000. Mizuho Bank Ltd. bought a new position in shares of CF Industries during the fourth quarter valued at about $26,000. Golden State Wealth Management LLC grew its stake in shares of CF Industries by 119.8% during the first quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock valued at $30,000 after buying an additional 206 shares during the last quarter. Heck Capital Advisors LLC bought a new position in shares of CF Industries during the fourth quarter valued at about $34,000. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after buying an additional 161 shares during the last quarter. Institutional investors own 93.06% of the company's stock.

CF Industries Price Performance

NYSE CF traded up $0.81 during trading hours on Friday, reaching $92.60. The company's stock had a trading volume of 2,297,544 shares, compared to its average volume of 2,265,571. The firm's 50-day moving average price is $93.04 and its 200-day moving average price is $85.50. The company has a quick ratio of 2.22, a current ratio of 2.59 and a debt-to-equity ratio of 0.41. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $104.45. The company has a market capitalization of $15.70 billion, a price-to-earnings ratio of 12.20 and a beta of 0.96.

CF Industries (NYSE:CF - Get Free Report) last posted its earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.38. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.53 billion. CF Industries had a net margin of 21.80% and a return on equity of 17.39%. The business's quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.03 EPS. On average, equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.16%. CF Industries's payout ratio is 26.35%.

CF Industries announced that its board has authorized a share buyback program on Wednesday, May 7th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the basic materials company to reacquire up to 14.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

CF has been the subject of a number of analyst reports. Oppenheimer lowered shares of CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. Wells Fargo & Company increased their target price on shares of CF Industries from $105.00 to $108.00 and gave the stock an "overweight" rating in a report on Thursday. Royal Bank Of Canada set a $100.00 target price on shares of CF Industries and gave the stock a "sector perform" rating in a report on Monday, July 14th. UBS Group increased their target price on shares of CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Finally, Morgan Stanley set a $95.00 price target on CF Industries and gave the company an "equal weight" rating in a research report on Thursday, June 26th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, three have given a buy rating and one has given 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 $93.00.

Insider Buying and Selling

In related news, EVP Susan L. Menzel sold 10,000 shares of the stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $100.23, for a total transaction of $1,002,300.00. Following the completion of the sale, the executive vice president owned 87,923 shares of the company's stock, valued at $8,812,522.29. This represents a 10.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.42% of the stock is owned by insiders.

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.