Machina Capital S.A.S. Sells 4,695 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Machina Capital S.A.S. cut its stake in CF Industries Holdings, Inc. (NYSE:CF) by 65.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,486 shares of the basic materials company’s stock after selling 4,695 shares during the period. Machina Capital S.A.S.’s holdings in CF Industries were worth $212,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of CF. Heck Capital Advisors LLC bought a new stake in CF Industries in the 4th quarter valued at $34,000. Brooklyn Investment Group bought a new stake in CF Industries in the 3rd quarter valued at $39,000. Asset Planning Inc bought a new stake in CF Industries in the 4th quarter valued at $44,000. Arlington Trust Co LLC boosted its holdings in CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 460 shares during the period. Finally, Sierra Ocean LLC bought a new stake in CF Industries in the 4th quarter valued at $49,000. 93.06% of the stock is owned by institutional investors.

CF Industries Trading Up 0.9 %

Shares of CF stock opened at $77.28 on Monday. 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 $13.10 billion, a P/E ratio of 11.42, a P/E/G ratio of 0.37 and a beta of 0.99. The firm has a 50-day moving average price of $86.43 and a 200 day moving average price of $85.48. 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 (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $1.50 billion. Research analysts forecast 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 was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio is presently 29.54%.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of research reports. Scotiabank reduced their price target on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a report on Monday, February 24th. JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $82.00 to $75.00 in a research report on Friday, January 24th. UBS Group decreased 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, February 20th. Royal Bank of Canada decreased their target price on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Finally, Oppenheimer decreased their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $90.15.

Insiders Place Their Bets

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through 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 transaction of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,889 shares of company stock valued at $1,130,955. Insiders own 0.42% of the company’s stock.

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.