Buckhead Capital Management LLC Trims Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Buckhead Capital Management LLC decreased its position in CF Industries Holdings, Inc. (NYSE:CF) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,842 shares of the basic materials company’s stock after selling 1,035 shares during the quarter. Buckhead Capital Management LLC’s holdings in CF Industries were worth $3,058,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CF. Central Pacific Bank Trust Division purchased a new position in shares of CF Industries in the fourth quarter valued at approximately $74,000. Kingsview Wealth Management LLC acquired a new stake in CF Industries during the 3rd quarter worth approximately $3,149,000. AMG National Trust Bank purchased a new position in CF Industries in the 3rd quarter valued at approximately $887,000. Quantinno Capital Management LP grew its stake in shares of CF Industries by 118.7% in the third quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock worth $1,372,000 after acquiring an additional 8,679 shares in the last quarter. Finally, Pacer Advisors Inc. increased its position in shares of CF Industries by 28.4% during the fourth quarter. Pacer Advisors Inc. now owns 17,170 shares of the basic materials company’s stock worth $1,465,000 after acquiring an additional 3,801 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the transaction, the executive vice president now owns 103,155 shares of the company’s stock, valued at $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were 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 $8,878,656. This trade represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock valued at $2,355,425 over the last quarter. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Performance

Shares of CF stock opened at $81.44 on Friday. The stock’s 50-day moving average is $88.81 and its two-hundred day moving average is $85.21. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The firm has a market cap of $14.17 billion, a price-to-earnings ratio of 12.89, a PEG ratio of 0.39 and a beta of 0.98.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.46%. CF Industries’s dividend payout ratio is presently 31.65%.

Wall Street Analyst Weigh In

CF has been the subject of a number of recent research reports. Barclays lowered CF Industries from an “overweight” rating to an “equal weight” rating and lifted their target price for the company from $96.00 to $100.00 in a report on Tuesday, January 21st. Royal Bank of Canada downgraded CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a research report on Tuesday, January 21st. Scotiabank reaffirmed a “sector underperform” rating and issued a $88.00 target price on shares of CF Industries in a report on Friday, January 24th. Redburn Atlantic began coverage on shares of CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 price target for the company. Finally, JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and dropped their price objective for the company from $82.00 to $75.00 in a research report on Friday, January 24th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price 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.