Peak Retirement Planning Inc. Makes New $791,000 Investment in CF Industries Holdings, Inc. (NYSE:CF)

Peak Retirement Planning Inc. bought a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,262 shares of the basic materials company's stock, valued at approximately $791,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Checchi Capital Advisers LLC boosted its holdings in CF Industries by 4.3% in the fourth quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock valued at $221,000 after acquiring an additional 108 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in CF Industries by 2.1% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company's stock worth $495,000 after purchasing an additional 120 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in CF Industries by 1.8% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock valued at $602,000 after purchasing an additional 126 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in CF Industries by 4.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 3,009 shares of the basic materials company's stock worth $257,000 after buying an additional 126 shares in the last quarter. Finally, Ballentine Partners LLC boosted its stake in shares of CF Industries by 2.3% during the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company's stock worth $482,000 after buying an additional 127 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CF has been the topic of a number of recent research reports. Oppenheimer downgraded CF Industries from an "outperform" rating to a "market perform" rating in a research report on Tuesday, April 22nd. BNP Paribas raised CF Industries to a "strong-buy" rating in a research report on Wednesday, April 9th. Piper Sandler lifted their price target on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, January 27th. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective on the stock in a report on Monday, February 24th. Finally, Scotiabank upgraded CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective on the stock in a research report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $90.21.

CF Industries Price Performance

NYSE CF traded up $2.69 on Tuesday, hitting $91.58. 2,545,384 shares of the company's stock were exchanged, compared to its average volume of 2,139,455. The stock has a 50-day moving average of $78.78 and a 200-day moving average of $83.53. The stock has a market cap of $15.53 billion, a price-to-earnings ratio of 13.53, a P/E/G ratio of 0.37 and a beta of 0.94. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF - Get Free Report) last posted its earnings results on Wednesday, May 7th. The basic materials company reported $1.85 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.38. The firm had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.53 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.03 earnings per share. 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 declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.18%. CF Industries's dividend payout ratio (DPR) is presently 26.35%.

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

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.