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

Amundi reduced its position in CF Industries Holdings, Inc. (NYSE:CF) by 22.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 853,017 shares of the basic materials company’s stock after selling 242,945 shares during the quarter. Amundi’s holdings in CF Industries were worth $73,706,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new position in shares of CF Industries during the fourth quarter worth about $34,000. Brooklyn Investment Group acquired a new position in shares of CF Industries during the third quarter worth about $39,000. Asset Planning Inc acquired a new position in shares of CF Industries during the fourth quarter worth about $44,000. Arlington Trust Co LLC grew its position in shares of CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after buying an additional 460 shares in the last quarter. Finally, Sierra Ocean LLC acquired a new position in shares of CF Industries during the fourth quarter worth about $49,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the sale, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. This represents a 1.57 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s 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 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 position. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock worth $1,130,955 over the last 90 days. 0.42% of the stock is currently owned by insiders.

CF Industries Price Performance

Shares of NYSE CF opened at $76.83 on Wednesday. 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 Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25. The stock has a 50 day moving average of $86.12 and a two-hundred day moving average of $85.45. The stock has a market cap of $13.03 billion, a P/E ratio of 11.35, a P/E/G ratio of 0.37 and a beta of 0.99.

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

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.60%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Analyst Ratings Changes

A number of brokerages have recently commented on CF. Piper Sandler boosted their price objective on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Scotiabank decreased their target price on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. Barclays decreased their target price on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 5th. JPMorgan Chase & Co. cut 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 note on Friday, January 24th. Finally, Bank of America upgraded CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price for the company in a research note on Monday, February 24th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $90.15.

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.