2 weeks Ago By Defense World Staff
Envestnet Portfolio Solutions Inc. trimmed its holdings in CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 39.
9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,430 shares of the basic materials company’s stock after selling 4,273 shares during the period. Envestnet Portfolio Solutions Inc.
’s holdings in CF Industries were worth $549,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of CF Industries by 459.
4% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company’s stock worth $36,583,000 after acquiring an additional 357,531 shares during the last quarter. Barclays PLC raised its position in CF Industries by 68.
9% in the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock valued at $63,263,000 after purchasing an additional 300,873 shares during the period. FMR LLC lifted its stake 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 purchasing an additional 300,050 shares in the last quarter. Victory Capital Management Inc.
boosted its position in shares of 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 period. Finally, National Pension Service grew its stake in shares of CF Industries by 2,848.4% in the fourth quarter.
National Pension Service now owns 290,384 shares of the basic materials company’s stock valued at $24,776,000 after buying an additional 280,535 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.
Insider Transactions at CF IndustriesIn related news, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.
00, for a total transaction of $144,000.00. Following the completion of the sale, the executive vice president now owns 92,486 shares in the company, valued at $8,878,656.
This represents a 1.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction dated 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 directly owns 15,871 shares of the company’s stock, valued at $1,507,745.
The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Over the last 90 days, insiders have sold 11,889 shares of company stock worth $1,130,955. Corporate insiders own 0.48% of the company’s stock.
Analysts Set New Price TargetsA number of equities analysts recently commented on the company. JPMorgan Chase & Co. cut CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the company from $82.
00 to $75.00 in a report on Friday, January 24th. Scotiabank lowered their price objective on shares of CF Industries from $88.
00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. 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 target price on the stock. Oppenheimer decreased their price target on shares of CF Industries from $114.
00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Finally, Piper Sandler upped their price objective on CF Industries from $105.
00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company.
According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $89.86.Get Our Latest Stock Analysis on CFCF Industries Trading Down 2.
4 %CF opened at $74.99 on Wednesday. The company has a debt-to-equity ratio of 0.
39, a quick ratio of 2.52 and a current ratio of 3.08.
CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.
25. The company has a market cap of $12.71 billion, a P/E ratio of 11.
08, a PEG ratio of 0.37 and a beta of 0.99.
The business’s 50-day simple moving average is $83.66 and its 200-day simple moving average is $85.15.
CF Industries (NYSE:CF – Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $1.50 billion. As a group, equities research analysts expect that CF Industries Holdings, Inc.
will post 5.83 EPS for the current fiscal year. CF Industries Announces DividendThe company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th.
Shareholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.
00 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Friday, February 14th.
CF Industries’s payout ratio is 29.54%. CF Industries Profile (Free Report)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.Recommended StoriesFive stocks we like better than CF IndustriesMost active stocks: Dollar volume vs share volumeInnovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of StartupsHow to Effectively Use the MarketBeat Ratings ScreenerNVIDIA Insiders Sell: This Is What It Means for the Market How to Invest in Blue Chip StocksSpace Stocks Bottoming: Which Are Positioned Best for a Bounce?Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc.
(NYSE:CF – Free Report)..
