CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. reduced its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 39.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,430 shares of the basic materials company’s stock after selling 4,273 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in CF Industries were worth $549,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of CF. Pathstone Holdings LLC boosted its holdings in CF Industries by 12.2% during the third quarter. Pathstone Holdings LLC now owns 17,133 shares of the basic materials company’s stock worth $1,470,000 after buying an additional 1,860 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of CF Industries by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock worth $2,004,000 after acquiring an additional 179 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of CF Industries by 16.8% in the 3rd quarter. Cerity Partners LLC now owns 10,051 shares of the basic materials company’s stock worth $862,000 after acquiring an additional 1,449 shares during the period. Penserra Capital Management LLC increased its stake in CF Industries by 10.0% in the 3rd quarter. Penserra Capital Management LLC now owns 5,471 shares of the basic materials company’s stock valued at $468,000 after purchasing an additional 496 shares in the last quarter. Finally, Swedbank AB raised its holdings in CF Industries by 3.8% during the third quarter. Swedbank AB now owns 271,198 shares of the basic materials company’s stock worth $23,269,000 after purchasing an additional 9,815 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on CF shares. Oppenheimer lowered their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Scotiabank dropped their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a report on Monday, February 24th. Royal Bank of Canada reduced their price target on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. UBS Group dropped their price objective on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Finally, The Goldman Sachs Group initiated coverage on CF Industries in a research note on Thursday, March 13th. They issued a “neutral” rating and a $86.00 target price on the stock. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and an average price target of $89.86.

Insider Buying and Selling

In other news, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,889 shares of company stock valued at $1,130,955. 0.48% of the stock is currently owned by company insiders.

CF Industries Stock Performance

NYSE CF opened at $74.99 on Wednesday. The business’s 50-day moving average price is $83.66 and its 200 day moving average price is $85.15. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25. The company has a market capitalization of $12.71 billion, a PE ratio of 11.08, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99.

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

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. CF Industries’s payout ratio is 29.54%.

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.