Exchange Traded Concepts LLC Sells 135 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Exchange Traded Concepts LLC trimmed its position in CF Industries Holdings, Inc. (NYSE:CF) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,141 shares of the basic materials company’s stock after selling 135 shares during the period. Exchange Traded Concepts LLC’s holdings in CF Industries were worth $97,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group boosted its position in shares of CF Industries by 26.9% during the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 122 shares in the last quarter. Ballentine Partners LLC raised its stake in 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 period. Coldstream Capital Management Inc. raised its stake in CF Industries by 4.9% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock worth $247,000 after buying an additional 135 shares during the period. PNC Financial Services Group Inc. lifted its holdings in CF Industries by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock worth $2,004,000 after acquiring an additional 179 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in CF Industries by 3.0% in the third quarter. Nations Financial Group Inc. IA ADV now owns 8,410 shares of the basic materials company’s stock valued at $722,000 after acquiring an additional 245 shares during the period. Institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the transaction, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,389 shares of company stock worth $2,355,425 over the last quarter. 0.42% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CF. Barclays cut CF Industries from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $96.00 to $100.00 in a report on Tuesday, January 21st. UBS Group upped their price target on shares of CF Industries from $91.00 to $92.00 and gave the company a “neutral” rating in a report on Tuesday, January 28th. Oppenheimer lowered their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Mizuho boosted their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. Finally, Scotiabank reiterated a “sector underperform” rating and set a $88.00 target price on shares of CF Industries in a report on Friday, January 24th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, CF Industries presently has an average rating of “Hold” and a consensus target price of $92.43.

CF Industries Stock Performance

CF opened at $92.24 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The business’s 50-day simple moving average is $89.40 and its 200 day simple moving average is $84.41. The firm has a market capitalization of $16.05 billion, a PE ratio of 14.59, a PEG ratio of 0.74 and a beta of 0.98. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business posted $0.85 EPS. The business’s revenue was up 7.6% compared to the same quarter last year. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 6.31 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.17%. The ex-dividend date is Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is currently 31.65%.

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.