Amalgamated Bank Decreases Position in CF Industries Holdings, Inc. (NYSE:CF)

Amalgamated Bank trimmed its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 41.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,742 shares of the basic materials company's stock after selling 24,799 shares during the period. Amalgamated Bank's holdings in CF Industries were worth $3,067,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. boosted its position in CF Industries by 401.2% during the second quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company's stock valued at $269,729,000 after acquiring an additional 2,912,942 shares during the last quarter. Boston Partners boosted its position in shares of CF Industries by 37.5% during the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company's stock worth $254,920,000 after purchasing an additional 835,557 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of CF Industries by 7.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company's stock worth $212,823,000 after purchasing an additional 198,246 shares in the last quarter. Earnest Partners LLC boosted its position in shares of CF Industries by 2.8% during the 2nd quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company's stock worth $162,584,000 after purchasing an additional 59,674 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of CF Industries by 5.1% during the 2nd quarter. Sei Investments Co. now owns 1,422,493 shares of the basic materials company's stock worth $105,435,000 after purchasing an additional 68,834 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the firm's stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the transaction, the vice president now directly owns 29,211 shares of the company's stock, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the firm's stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the transaction, the vice president now directly owns 29,211 shares of the company's stock, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the sale, the executive vice president now directly owns 66,268 shares of the company's stock, valued at $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.42% of the company's stock.

CF Industries Stock Performance

CF traded up $1.37 on Monday, hitting $85.08. The company's stock had a trading volume of 1,766,201 shares, compared to its average volume of 2,078,436. The company's 50 day simple moving average is $83.62 and its 200-day simple moving average is $78.68. The firm has a market cap of $14.81 billion, a P/E ratio of 13.46, a price-to-earnings-growth ratio of 2.28 and a beta of 0.97. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $90.86. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.05 by $0.50. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. CF Industries's revenue for the quarter was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $0.85 EPS. Analysts forecast that CF Industries Holdings, Inc. will post 6.19 EPS for the current year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries's payout ratio is 31.65%.

Analyst Ratings Changes

A number of research firms recently weighed in on CF. Bank of America lowered shares of CF Industries from a "neutral" rating to an "underperform" rating and set a $83.00 target price on the stock. in a report on Wednesday, October 16th. Wells Fargo & Company increased their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an "overweight" rating in a research note on Tuesday, September 24th. Piper Sandler increased their price objective on shares of CF Industries from $77.00 to $79.00 and gave the company an "underweight" rating in a research note on Friday. Barclays increased their price objective on shares of CF Industries from $90.00 to $96.00 and gave the company an "overweight" rating in a research note on Friday, October 11th. Finally, Redburn Atlantic initiated coverage on shares of CF Industries in a research note on Friday, October 18th. They issued a "neutral" rating and a $77.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $88.42.

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.