CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. lessened its stake in CF Industries Holdings, Inc. (NYSE:CF) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,155 shares of the basic materials company’s stock after selling 128 shares during the period. Sumitomo Life Insurance Co.’s holdings in CF Industries were worth $269,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC purchased a new stake in shares of CF Industries during the third quarter worth approximately $28,000. Brooklyn Investment Group acquired a new position in CF Industries in the 3rd quarter valued at $39,000. Quent Capital LLC raised its position in CF Industries by 132.1% during the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after buying an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC lifted its stake in shares of CF Industries by 262.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 478 shares during the period. Finally, Versant Capital Management Inc boosted its holdings in shares of CF Industries by 6,690.0% in the fourth quarter. Versant Capital Management Inc now owns 679 shares of the basic materials company’s stock valued at $58,000 after acquiring an additional 669 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity at CF Industries

In other news, EVP Susan L. Menzel sold 3,500 shares of CF Industries stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the sale, the executive vice president now owns 62,768 shares of the company’s stock, valued at $5,828,636.48. The trade was a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the transaction, the executive vice president now owns 103,155 shares in the company, valued at $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,389 shares of company stock valued at $2,355,425. 0.42% of the stock is owned by insiders.

CF Industries Stock Down 0.3 %

Shares of NYSE CF opened at $92.22 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The firm’s 50-day moving average is $89.35 and its two-hundred day moving average is $84.18. 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 $16.05 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 0.71 and a beta of 0.98.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating 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 firm 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 firm earned $0.85 EPS. CF Industries’s quarterly revenue was up 7.6% on a year-over-year basis. Equities analysts anticipate that CF Industries Holdings, Inc. will post 6.37 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.17%. CF Industries’s dividend payout ratio is presently 31.65%.

Analyst Ratings Changes

CF has been the subject of several analyst reports. Oppenheimer cut their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday. Royal Bank of Canada cut CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target for the company. in a report on Tuesday, January 21st. Mizuho upped their price objective on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Redburn Atlantic assumed coverage on CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. Finally, Piper Sandler boosted their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday. Three analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $92.43.

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.