Tobam Sells 10,713 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Tobam reduced its stake in CF Industries Holdings, Inc. (NYSE:CF) by 91.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,036 shares of the basic materials company’s stock after selling 10,713 shares during the period. Tobam’s holdings in CF Industries were worth $88,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Wolff Wiese Magana LLC bought a new position in CF Industries during the third quarter worth about $28,000. Heck Capital Advisors LLC acquired a new stake in shares of CF Industries in the 4th quarter valued at approximately $34,000. Brooklyn Investment Group bought a new position in CF Industries during the 3rd quarter worth approximately $39,000. Catalyst Capital Advisors LLC grew its holdings in CF Industries by 262.6% during the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 478 shares during the period. Finally, Versant Capital Management Inc increased its stake in CF Industries by 6,690.0% in the fourth quarter. Versant Capital Management Inc now owns 679 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 669 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Royal Bank of Canada lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price on the stock. in a report on Tuesday, January 21st. Barclays downgraded CF Industries from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $96.00 to $100.00 in a report on Tuesday, January 21st. Bank of America cut CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective on the stock. in a report on Wednesday, October 16th. Finally, UBS Group increased their target price on CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 28th. Three analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $92.43.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the business’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 transaction of $144,000.00. Following the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at $8,878,656. The trade was a 1.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now owns 103,155 shares in the company, valued at approximately $9,077,640. This represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,389 shares of company stock valued at $2,355,425. 0.48% of the stock is owned by insiders.

CF Industries Stock Performance

Shares of CF opened at $83.96 on Friday. The stock has a market capitalization of $14.61 billion, a price-to-earnings ratio of 13.28, a PEG ratio of 0.74 and a beta of 0.97. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The firm has a fifty day simple moving average of $89.44 and a 200 day simple moving average of $84.91. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Friday, February 14th. CF Industries’s payout ratio is 31.65%.

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.