CF Industries Holdings, Inc. (NYSE:CF) Stock Holdings Lowered by Amalgamated Bank

Amalgamated Bank trimmed its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,317 shares of the basic materials company’s stock after selling 1,190 shares during the period. Amalgamated Bank’s holdings in CF Industries were worth $3,841,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CF. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of CF Industries in the fourth quarter valued at $29,000. ORG Partners LLC raised its position in CF Industries by 428.6% during the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock valued at $32,000 after buying an additional 300 shares during the period. Bruce G. Allen Investments LLC purchased a new stake in CF Industries in the 4th quarter worth about $32,000. Meeder Asset Management Inc. purchased a new position in CF Industries during the 4th quarter valued at about $36,000. Finally, Larson Financial Group LLC acquired a new position in shares of CF Industries in the 3rd quarter valued at about $50,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Berenberg Bank boosted their price objective on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Bank of America restated a “neutral” rating and set a $88.00 price target (down from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Scotiabank cut their price objective on CF Industries from $86.00 to $80.00 and set a “sector perform” rating for the company in a report on Monday. BMO Capital Markets lowered their target price on CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Wells Fargo & Company cut their price target on CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a research note on Friday, February 16th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $85.00.

Insider Buying and Selling at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the business’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total transaction of $510,000.00. Following the transaction, the executive vice president now owns 64,030 shares in the company, valued at approximately $5,442,550. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.48% of the company’s stock.

CF Industries Stock Performance

NYSE:CF opened at $74.31 on Friday. The firm has a market capitalization of $13.58 billion, a PE ratio of 12.34, a PEG ratio of 2.11 and a beta of 1.02. The company has a current ratio of 3.94, a quick ratio of 3.55 and a debt-to-equity ratio of 0.37. CF Industries Holdings, Inc. has a 1 year low of $60.08 and a 1 year high of $87.90. The firm’s fifty day simple moving average is $80.98 and its 200 day simple moving average is $79.07.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the firm posted $2.85 earnings per share. The company’s revenue for the quarter was down 26.9% on a year-over-year basis. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.69%. The ex-dividend date is Tuesday, May 14th. CF Industries’s payout ratio is currently 33.22%.

CF Industries 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.