Kentucky Retirement Systems Has $1.06 Million Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Kentucky Retirement Systems trimmed its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,398 shares of the basic materials company’s stock after selling 170 shares during the period. Kentucky Retirement Systems’ holdings in CF Industries were worth $1,058,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. FMR LLC lifted its holdings in CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after buying an additional 300,050 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of CF Industries by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock worth $477,668,000 after acquiring an additional 22,392 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of CF Industries by 15.1% during the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after acquiring an additional 549,569 shares during the period. Thrivent Financial for Lutherans boosted its holdings in CF Industries by 10.2% in the third quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock valued at $111,582,000 after acquiring an additional 120,193 shares during the last quarter. Finally, AustralianSuper Pty Ltd increased its position in CF Industries by 8.6% in the fourth quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company’s stock worth $101,313,000 after purchasing an additional 93,560 shares during the period. 93.06% of the stock is owned by institutional investors.

CF Industries Trading Down 2.9 %

NYSE CF opened at $77.90 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The stock’s 50-day moving average is $87.91 and its 200-day moving average is $85.67. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. The firm has a market cap of $13.56 billion, a P/E ratio of 11.51, a P/E/G ratio of 0.37 and a beta of 0.98.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping the consensus estimate 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 net margin of 20.52% and a return on equity of 15.50%. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Friday, February 14th. CF Industries’s payout ratio is presently 29.54%.

Analysts Set New Price Targets

A number of research analysts have issued reports on CF shares. UBS Group cut their target price on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday. Oppenheimer reduced their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Royal Bank of Canada cut shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price for the company. in a research report on Tuesday, January 21st. Barclays downgraded CF Industries from an “overweight” rating to an “equal weight” rating and increased their price target for the company from $96.00 to $100.00 in a research note on Tuesday, January 21st. Finally, Scotiabank reaffirmed a “sector underperform” rating and set a $88.00 price objective on shares of CF Industries in a research note on Friday, January 24th. Three investment 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’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $92.29.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The stock was 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 owns 92,486 shares of the company’s stock, valued at $8,878,656. This represents a 1.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The shares were 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 $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,389 shares of company stock worth $1,455,965. Corporate insiders own 0.42% of the company’s stock.

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.