CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA decreased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 15.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,727 shares of the basic materials company’s stock after selling 30,085 shares during the quarter. Pictet Asset Management Holding SA owned about 0.09% of CF Industries worth $13,628,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division purchased a new stake in shares of CF Industries in the fourth quarter worth about $74,000. Korea Investment CORP boosted its holdings in CF Industries by 88.5% in the 4th quarter. Korea Investment CORP now owns 150,374 shares of the basic materials company’s stock worth $12,830,000 after acquiring an additional 70,585 shares during the period. National Pension Service boosted its holdings in CF Industries by 2,848.4% in the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock worth $24,776,000 after acquiring an additional 280,535 shares during the period. SBI Securities Co. Ltd. purchased a new stake in shares of CF Industries during the fourth quarter valued at approximately $51,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock worth $494,202,000 after purchasing an additional 225,109 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Trading Up 1.9 %

Shares of NYSE CF opened at $79.62 on Wednesday. The company has a market cap of $13.50 billion, a price-to-earnings ratio of 11.76, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The stock’s 50 day simple moving average is $81.83 and its 200 day simple moving average is $85.15. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. 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 announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 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 company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. Equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s payout ratio is currently 29.54%.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the transaction, the executive vice president now directly owns 93,986 shares in the company, valued at approximately $8,928,670. This trade represents a 1.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction 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 sale, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on CF shares. Royal Bank of Canada cut their price target on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Bank of America upgraded CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price for the company in a research note on Monday, February 24th. UBS Group dropped their price target on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. The Goldman Sachs Group started coverage on shares of CF Industries in a research note on Thursday, March 13th. They set a “neutral” rating and a $86.00 price objective on the stock. Finally, Scotiabank cut their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research note on Monday, February 24th. Two 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, the stock presently has an average rating of “Hold” and an average 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.