Royal London Asset Management Ltd. Reduces Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Royal London Asset Management Ltd. decreased its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 59.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,534 shares of the basic materials company's stock after selling 26,140 shares during the period. Royal London Asset Management Ltd.'s holdings in CF Industries were worth $1,496,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Central Pacific Bank Trust Division purchased a new position in CF Industries during the fourth quarter valued at $74,000. National Pension Service lifted its stake in CF Industries by 2,848.4% in the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company's stock valued at $24,776,000 after buying an additional 280,535 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in CF Industries during the 3rd quarter worth approximately $3,149,000. SBI Securities Co. Ltd. purchased a new stake in CF Industries during the 4th quarter worth approximately $51,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock valued at $494,202,000 after acquiring an additional 225,109 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company's stock.

Insider Buying and Selling

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the company's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. This represents a 1.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Ashraf K. Malik sold 8,889 shares of the company's stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,889 shares of company stock valued at $1,130,955 in the last ninety days. Company insiders own 0.42% of the company's stock.

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CF Industries Trading Down 2.4 %

Shares of NYSE:CF traded down $1.84 during mid-day trading on Tuesday, reaching $74.99. 2,988,463 shares of the company were exchanged, compared to its average volume of 2,017,594. The firm has a market cap of $12.71 billion, a price-to-earnings ratio of 11.08, a P/E/G ratio of 0.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The firm's 50-day simple moving average is $84.06 and its 200 day simple moving average is $85.18.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date was Friday, February 14th. CF Industries's dividend payout ratio (DPR) is currently 29.54%.

Analyst Ratings Changes

Several research analysts recently commented on CF shares. Scotiabank reduced their price objective on CF Industries from $88.00 to $81.00 and set a "sector underperform" rating for the company in a research note on Monday, February 24th. 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 research note on Monday, January 27th. UBS Group dropped their price objective on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday, February 20th. Oppenheimer decreased their target price on shares of CF Industries from $114.00 to $111.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 28th. Finally, The Goldman Sachs Group started coverage on CF Industries in a report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price target for the company. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $89.86.

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.