CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Ruffer LLP

Ruffer LLP lessened its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 12.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 566,458 shares of the basic materials company’s stock after selling 80,650 shares during the quarter. CF Industries makes up 1.7% of Ruffer LLP’s holdings, making the stock its 16th biggest position. Ruffer LLP owned about 0.33% of CF Industries worth $48,331,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Checchi Capital Advisers LLC raised its position in shares of CF Industries by 4.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company’s stock worth $221,000 after purchasing an additional 108 shares during the last quarter. Brooklyn Investment Group raised its position in CF Industries by 26.9% in the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 122 shares during the period. Oppenheimer Asset Management Inc. raised 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 during the period. Ballentine Partners LLC grew its stake in shares of CF Industries by 2.3% in the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock worth $482,000 after acquiring an additional 127 shares in the last quarter. Finally, Coldstream Capital Management Inc. grew its stake in shares of CF Industries by 4.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock worth $247,000 after acquiring an additional 135 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Royal Bank of Canada lowered their target price on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Barclays cut their price target on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday. Piper Sandler upped their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Scotiabank lowered their price target on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $90.15.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $142,500.00. Following the completion of the sale, the executive vice president now directly owns 93,986 shares in the company, valued at $8,928,670. The trade was a 1.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares of the company’s stock, valued at $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is owned by corporate insiders.

CF Industries Price Performance

CF opened at $77.28 on Friday. The company has a fifty day simple moving average of $86.43 and a 200 day simple moving average of $85.45. The firm has a market cap of $13.10 billion, a price-to-earnings ratio of 11.42, a PEG ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month 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) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.40. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.59%. CF Industries’s dividend payout ratio is presently 29.54%.

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.