CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Greenleaf Trust

Greenleaf Trust lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 3.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,545 shares of the basic materials company’s stock after selling 135 shares during the quarter. Greenleaf Trust’s holdings in CF Industries were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. CWM LLC boosted its position in shares of CF Industries by 15.5% during the 3rd quarter. CWM LLC now owns 2,748 shares of the basic materials company’s stock worth $236,000 after purchasing an additional 368 shares in the last quarter. CX Institutional purchased a new stake in CF Industries during the third quarter worth about $3,367,000. Spectrum Asset Management Inc. NB CA grew its position in CF Industries by 39.9% during the third quarter. Spectrum Asset Management Inc. NB CA now owns 36,639 shares of the basic materials company’s stock worth $3,141,000 after buying an additional 10,454 shares during the period. Czech National Bank grew its holdings in CF Industries by 46.1% in the third quarter. Czech National Bank now owns 33,724 shares of the basic materials company’s stock valued at $2,891,000 after purchasing an additional 10,642 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its stake in CF Industries by 0.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 77,557 shares of the basic materials company’s stock valued at $6,650,000 after acquiring an additional 336 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Transactions at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total transaction of $510,000.00. Following the sale, the executive vice president now directly owns 64,030 shares in the company, valued at approximately $5,442,550. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.48% of the company’s stock.

CF Industries Stock Performance

NYSE CF opened at $79.25 on Thursday. The business’s 50-day simple moving average is $81.46 and its 200-day simple moving average is $79.67. The firm has a market capitalization of $14.88 billion, a P/E ratio of 10.11, a P/E/G ratio of 2.24 and a beta of 1.03. CF Industries Holdings, Inc. has a 1-year low of $60.08 and a 1-year high of $87.90. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44.

CF Industries (NYSE:CF) last released its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.12). CF Industries had a return on equity of 18.44% and a net margin of 23.00%. The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the prior year, the firm earned $4.35 earnings per share. CF Industries’s quarterly revenue was down 39.8% compared to the same quarter last year. Equities analysts predict that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio is presently 25.51%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CF shares. Barclays upgraded shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 target price for the company in a research report on Friday, January 12th. Piper Sandler lowered CF Industries from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $87.00 to $82.00 in a research note on Thursday, February 29th. Berenberg Bank lifted their price objective on CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a research report on Wednesday, April 17th. UBS Group lowered shares of CF Industries from a “buy” rating to a “neutral” rating and reduced their target price for the company from $95.00 to $83.00 in a report on Wednesday, January 31st. Finally, Wells Fargo & Company lowered their price target on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a report on Friday, February 16th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $86.47.

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.