Private Advisor Group LLC Sells 365 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Private Advisor Group LLC lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 6.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,029 shares of the basic materials company’s stock after selling 365 shares during the period. Private Advisor Group LLC’s holdings in CF Industries were worth $429,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group increased its position in CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock valued at $49,000 after buying an additional 122 shares in the last quarter. Ballentine Partners LLC increased its position in CF Industries by 2.3% during the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock valued at $482,000 after buying an additional 127 shares in the last quarter. Coldstream Capital Management Inc. increased its position in CF Industries by 4.9% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock valued at $247,000 after buying an additional 135 shares in the last quarter. James Investment Research Inc. increased its position in CF Industries by 1.8% during the 4th quarter. James Investment Research Inc. now owns 9,534 shares of the basic materials company’s stock valued at $813,000 after buying an additional 165 shares in the last quarter. Finally, Greenleaf Trust increased its position in CF Industries by 4.7% during the 4th quarter. Greenleaf Trust now owns 3,784 shares of the basic materials company’s stock valued at $323,000 after buying an additional 169 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

CF stock opened at $77.92 on Tuesday. The company has a market cap of $13.21 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of 0.37 and a beta of 0.98. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The stock’s fifty day moving average price is $87.13 and its 200-day moving average price is $85.60.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.57%. CF Industries’s dividend payout ratio is currently 29.54%.

Analyst Upgrades and Downgrades

Several analysts have commented on CF shares. Piper Sandler increased their target price on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Oppenheimer cut their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Scotiabank cut their target price on 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. UBS Group cut their target price on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Finally, Barclays downgraded CF Industries from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $96.00 to $100.00 in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, CF Industries currently has a consensus rating of “Hold” and an average price target of $90.54.

Insider Buying and Selling

In related news, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is owned by company insiders.

CF Industries Company 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.