Aviva PLC Trims Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Aviva PLC decreased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 77.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,883 shares of the basic materials company's stock after selling 371,972 shares during the quarter. Aviva PLC owned about 0.06% of CF Industries worth $9,290,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Mizuho Bank Ltd. acquired a new stake in CF Industries in the 4th quarter valued at about $26,000. Heck Capital Advisors LLC acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $34,000. Creative Financial Designs Inc. ADV lifted its position in CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after buying an additional 161 shares in the last quarter. Asset Planning Inc acquired a new position in CF Industries during the fourth quarter worth $44,000. Finally, Arlington Trust Co LLC grew its holdings in CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after buying an additional 460 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CF shares. The Goldman Sachs Group started coverage on shares of CF Industries in a report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price objective for the company. Piper Sandler raised their price target on shares of CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, January 27th. JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and reduced their price target for the company from $82.00 to $75.00 in a research report on Friday, January 24th. UBS Group lowered their price objective on CF Industries from $92.00 to $90.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. Finally, Morgan Stanley reduced their target price on CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Friday. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $89.20.

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Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the business's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.42% of the company's stock.

CF Industries Stock Up 0.5 %

Shares of CF Industries stock traded up $0.33 during trading hours on Monday, reaching $72.33. 305,689 shares of the company were exchanged, compared to its average volume of 2,090,493. The firm has a market cap of $12.26 billion, a PE ratio of 10.68, a PEG ratio of 0.37 and a beta of 0.84. The stock's fifty day moving average is $77.92 and its 200 day moving average is $84.41. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. As a group, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.77%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend payout ratio (DPR) is presently 29.54%.

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.