CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Advisors Asset Management Inc.

Advisors Asset Management Inc. lowered its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 25.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 32,269 shares of the basic materials company’s stock after selling 11,128 shares during the quarter. Advisors Asset Management Inc.’s holdings in CF Industries were worth $2,753,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. FMR LLC lifted its holdings in shares of CF Industries by 3.8% in the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after buying an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of CF Industries by 4.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock valued at $494,202,000 after buying an additional 225,109 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of CF Industries by 7.1% in the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company’s stock valued at $382,901,000 after buying an additional 299,173 shares during the period. AustralianSuper Pty Ltd raised its holdings in CF Industries by 8.6% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company’s stock worth $101,313,000 after purchasing an additional 93,560 shares during the period. Finally, Allianz Asset Management GmbH raised its holdings in CF Industries by 30.5% in the 4th quarter. Allianz Asset Management GmbH now owns 827,407 shares of the basic materials company’s stock worth $70,594,000 after purchasing an additional 193,487 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CF. UBS Group reduced their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, February 20th. Piper Sandler upped 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. Oppenheimer reduced their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Scotiabank reduced their price target on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a report on Monday, February 24th. Finally, Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price target for the company in a report on Monday, February 24th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and an average price target of $89.86.

Insider Buying and Selling

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

CF Industries Price Performance

CF stock opened at $76.88 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The business has a 50 day simple moving average of $84.43 and a 200-day simple moving average of $85.11. The firm has a market capitalization of $13.03 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. Equities research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm 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 of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.60%. CF Industries’s payout ratio is 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.