Tredje AP fonden Decreases Stake in CF Industries Holdings, Inc. (NYSE:CF)

Tredje AP fonden reduced its stake in CF Industries Holdings, Inc. (NYSE:CF) by 50.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,020 shares of the basic materials company’s stock after selling 15,019 shares during the period. Tredje AP fonden’s holdings in CF Industries were worth $1,282,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Heck Capital Advisors LLC purchased a new position in CF Industries in the 4th quarter worth approximately $34,000. Brooklyn Investment Group purchased a new position in shares of CF Industries during the third quarter valued at approximately $39,000. Asset Planning Inc purchased a new position in shares of CF Industries during the fourth quarter valued at approximately $44,000. Arlington Trust Co LLC increased its stake 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 valued at $49,000 after buying an additional 460 shares during the period. Finally, Sierra Ocean LLC purchased a new position in shares of CF Industries during the fourth quarter valued at approximately $49,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CF shares. Royal Bank of Canada reduced their target price on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Barclays reduced their target price on CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 5th. The Goldman Sachs Group began coverage on CF Industries in a research report on Thursday. They set a “neutral” rating and a $86.00 price target on the stock. Scotiabank dropped their price target on 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, Piper Sandler lifted their price target on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, CF Industries has a consensus rating of “Hold” and an average target price of $89.86.

CF Industries Trading Down 0.4 %

CF Industries stock opened at $76.55 on Friday. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The business’s fifty day simple moving average is $85.79 and its two-hundred day simple moving average is $85.33. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The company has a market capitalization of $12.98 billion, a price-to-earnings ratio of 11.31, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last announced 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 firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. As a group, equities analysts predict 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 declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s payout ratio is currently 29.54%.

Insider Activity

In related news, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction on Monday, January 13th. The stock was 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 in the company, valued at approximately $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the sale, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,889 shares of company stock valued at $1,130,955 over the last ninety days. 0.42% of the stock is currently owned by corporate insiders.

CF Industries 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.