Catalyst Funds Management Pty Ltd Sells 800 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Catalyst Funds Management Pty Ltd lowered its stake in CF Industries Holdings, Inc. (NYSE:CF) by 20.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,200 shares of the basic materials company’s stock after selling 800 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in CF Industries were worth $273,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ raised its holdings in shares of CF Industries by 459.4% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company’s stock valued at $36,583,000 after purchasing an additional 357,531 shares during the last quarter. Barclays PLC increased its holdings in CF Industries by 68.9% during the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock worth $63,263,000 after buying an additional 300,873 shares during the last quarter. FMR LLC increased its holdings in CF Industries by 3.8% during the third 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 during the last quarter. Victory Capital Management Inc. increased its holdings in CF Industries by 7.1% during the fourth quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company’s stock worth $382,901,000 after buying an additional 299,173 shares during the last quarter. Finally, National Pension Service increased its holdings in CF Industries by 2,848.4% during the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock worth $24,776,000 after buying an additional 280,535 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on CF shares. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Oppenheimer decreased their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Royal Bank of Canada decreased their price objective on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Barclays reduced their target price on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 5th. Finally, Piper Sandler boosted their target price on shares of CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $89.86.

CF Industries Trading Down 0.4 %

CF opened at $76.55 on Monday. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25. The company has a 50-day simple moving average of $85.55 and a 200 day simple moving average of $85.35. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $12.98 billion, a price-to-earnings ratio of 11.31, a P/E/G ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.61%. CF Industries’s dividend payout ratio (DPR) is currently 29.54%.

Insider Transactions at CF Industries

In other 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 value 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction that occurred on 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 $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is currently owned by insiders.

CF Industries Company 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.