Canada Pension Plan Investment Board Has $324,000 Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Canada Pension Plan Investment Board decreased its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 81.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,800 shares of the basic materials company's stock after selling 16,512 shares during the period. Canada Pension Plan Investment Board's holdings in CF Industries were worth $324,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. FMR LLC increased its position in CF Industries by 6.6% during the 4th quarter. FMR LLC now owns 8,830,621 shares of the basic materials company's stock worth $753,429,000 after buying an additional 543,876 shares during the period. Charles Schwab Investment Management Inc. increased its position in CF Industries by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock worth $494,202,000 after buying an additional 225,109 shares during the period. Victory Capital Management Inc. increased its position in CF Industries by 7.1% during the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock worth $382,901,000 after buying an additional 299,173 shares during the period. Boston Partners increased its position in CF Industries by 7.0% during the 4th quarter. Boston Partners now owns 3,316,616 shares of the basic materials company's stock worth $283,044,000 after buying an additional 216,395 shares during the period. Finally, Norges Bank bought a new position in CF Industries during the 4th quarter worth $131,350,000. Institutional investors own 93.06% of the company's stock.

CF Industries Trading Up 0.2 %

NYSE CF traded up $0.12 on Tuesday, hitting $79.76. The company's stock had a trading volume of 1,587,234 shares, compared to its average volume of 2,099,168. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $98.25. The company's 50-day moving average is $76.06 and its 200 day moving average is $83.48. The firm has a market cap of $13.52 billion, a PE ratio of 11.78, a PEG ratio of 0.37 and a beta of 0.84.

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

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.51%. CF Industries's payout ratio is 29.54%.

Wall Street Analyst Weigh In

Several research firms have weighed in on CF. Bank of America upgraded CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective on the stock in a research report on Monday, February 24th. Piper Sandler increased their price objective on shares of CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. Morgan Stanley dropped their target price on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a research report on Friday, April 11th. Royal Bank of Canada cut their price target on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Finally, BNP Paribas raised shares of CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $89.29.

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.