CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Swiss National Bank

Swiss National Bank trimmed its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 6.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 509,600 shares of the basic materials company’s stock after selling 33,000 shares during the quarter. Swiss National Bank owned 0.29% of CF Industries worth $43,479,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CF. Heck Capital Advisors LLC acquired a new position in shares of CF Industries during the 4th quarter worth about $34,000. Brooklyn Investment Group acquired a new position in shares of CF Industries during the 3rd quarter worth about $39,000. Asset Planning Inc acquired a new position in shares of CF Industries during the 4th quarter worth about $44,000. Arlington Trust Co LLC boosted its position 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 acquiring an additional 460 shares in the last quarter. Finally, Sierra Ocean LLC acquired a new position in shares of CF Industries during the 4th quarter worth about $49,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the 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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares in the company, valued at approximately $8,928,670. This trade represents a 1.57 % 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 worth $1,130,955 in the last quarter. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Performance

Shares of CF stock opened at $76.55 on Monday. The company has a market cap 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. 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 stock has a 50 day simple moving average of $85.55 and a 200-day simple moving average of $85.35. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25.

CF Industries (NYSE:CF) last released 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. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. 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 dividend payout ratio is currently 29.54%.

Wall Street Analysts Forecast Growth

CF has been the subject of several research reports. Scotiabank reduced their target price on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a report on Monday, February 24th. Oppenheimer reduced their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Piper Sandler boosted their target price on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, January 27th. UBS Group reduced their target price on CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, February 20th. Finally, JPMorgan Chase & Co. downgraded 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 report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $89.86.

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.