CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. reduced its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 59.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,534 shares of the basic materials company’s stock after selling 26,140 shares during the quarter. Royal London Asset Management Ltd.’s holdings in CF Industries were worth $1,496,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Heck Capital Advisors LLC acquired a new position in shares of CF Industries during the 4th quarter worth $34,000. Brooklyn Investment Group acquired a new position in CF Industries during the third quarter worth about $39,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 161 shares in the last quarter. Asset Planning Inc acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $44,000. Finally, Arlington Trust Co LLC increased its stake in shares of CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 460 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Trading Up 0.1 %

Shares of CF stock opened at $76.89 on Tuesday. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The firm’s 50 day moving average price is $84.06 and its two-hundred day moving average price is $85.18. The stock has a market cap of $13.04 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

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

CF Industries Dividend Announcement

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

Insider Buying and Selling

In other news, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction dated 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 directly owns 15,871 shares in the company, valued at $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, 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. In the last ninety days, insiders have sold 11,889 shares of company stock valued at $1,130,955. Corporate insiders own 0.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CF. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $82.00 to $75.00 in a research note on Friday, January 24th. The Goldman Sachs Group began coverage on CF Industries in a research report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price objective on the stock. Piper Sandler lifted 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. Barclays reduced their target price on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 5th. Finally, Bank of America raised shares of 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 analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $89.86.

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.