CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC cut its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 3.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,441,518 shares of the basic materials company's stock after selling 139,443 shares during the period. Geode Capital Management LLC owned 2.55% of CF Industries worth $379,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of CF. Swedbank AB boosted its stake in shares of CF Industries by 9.7% during the 2nd quarter. Swedbank AB now owns 261,383 shares of the basic materials company's stock worth $19,374,000 after purchasing an additional 23,144 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of CF Industries by 462.1% during the second quarter. Assenagon Asset Management S.A. now owns 85,229 shares of the basic materials company's stock valued at $6,317,000 after buying an additional 70,067 shares during the period. Blue Trust Inc. grew its stake in shares of CF Industries by 57.1% during the second quarter. Blue Trust Inc. now owns 6,531 shares of the basic materials company's stock valued at $484,000 after buying an additional 2,375 shares during the last quarter. Raymond James & Associates raised its holdings in shares of CF Industries by 8.2% in the second quarter. Raymond James & Associates now owns 132,958 shares of the basic materials company's stock worth $9,855,000 after buying an additional 10,094 shares during the period. Finally, Donald L. Hagan LLC lifted its stake in shares of CF Industries by 17.6% during the 2nd quarter. Donald L. Hagan LLC now owns 14,294 shares of the basic materials company's stock worth $1,059,000 after acquiring an additional 2,142 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

Insiders Place Their Bets

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 owns 29,211 shares of the company's stock, valued at approximately $2,629,574.22. This trade represents a 19.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Susan L. Menzel sold 3,500 shares of CF Industries stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total transaction of $325,010.00. Following the sale, the executive vice president now owns 62,768 shares of the company's stock, valued at $5,828,636.48. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,701 shares of company stock valued at $2,052,704. 0.42% of the stock is currently owned by insiders.

CF Industries Stock Down 0.7 %

Shares of CF traded down $0.63 during trading hours on Friday, hitting $89.50. The company had a trading volume of 1,368,435 shares, compared to its average volume of 2,045,655. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $15.57 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $94.46. The company's fifty day moving average price is $86.71 and its two-hundred day moving average price is $80.70.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the previous year, the company posted $0.85 earnings per share. The firm's revenue was up 7.6% on a year-over-year basis. As a group, equities analysts forecast that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.50 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.00 annualized dividend and a yield of 2.23%. CF Industries's dividend payout ratio (DPR) is 31.65%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CF shares. Royal Bank of Canada increased their target price on CF Industries from $95.00 to $100.00 and gave the stock an "outperform" rating in a research note on Monday, November 4th. Barclays raised their price target on shares of CF Industries from $90.00 to $96.00 and gave the stock an "overweight" rating in a research note on Friday, October 11th. UBS Group boosted their price objective on shares of CF Industries from $80.00 to $85.00 and gave the company a "neutral" rating in a research report on Monday, August 26th. 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 research report on Wednesday, October 16th. Finally, Wells Fargo & Company boosted their price target on CF Industries from $88.00 to $92.00 and gave the company an "overweight" rating in a report on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $90.38.

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.