Invesco Ltd. Sells 96,290 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Invesco Ltd. reduced its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,467,887 shares of the basic materials company's stock after selling 96,290 shares during the period. Invesco Ltd. owned 3.14% of CF Industries worth $466,520,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Mizuho Bank Ltd. acquired a new position in shares of CF Industries during the 4th quarter worth about $26,000. Heck Capital Advisors LLC bought a new stake in CF Industries in the fourth quarter valued at approximately $34,000. Creative Financial Designs Inc. ADV raised its holdings in CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after purchasing an additional 161 shares during the period. Asset Planning Inc bought a new position in shares of CF Industries during the fourth quarter worth $44,000. Finally, Arlington Trust Co LLC grew its holdings in shares of 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 during the period. Institutional investors own 93.06% of the company's stock.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries 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 directly owns 92,486 shares of the company's stock, valued at $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.42% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms have weighed in on CF. 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 report on Friday. Scotiabank upgraded CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective for the company in a research report on Wednesday, April 9th. Barclays dropped their target price on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 5th. 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 target for the company. Finally, Oppenheimer lowered their target price on CF Industries from $114.00 to $111.00 and set an "outperform" rating for the company in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $89.20.

CF Industries Stock Up 0.6 %

Shares of CF Industries stock traded up $0.42 on Monday, reaching $72.42. 481,842 shares of the company were exchanged, compared to its average volume of 2,091,076. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average of $77.92 and a 200 day moving average of $84.41. The company has a market capitalization of $12.28 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 0.37 and a beta of 0.84.

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, 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 firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. On average, 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 firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date was Friday, February 14th. CF Industries's payout ratio is currently 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.