CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Ruffer LLP

Ruffer LLP trimmed its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 12.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 566,458 shares of the basic materials company's stock after selling 80,650 shares during the period. CF Industries accounts for approximately 1.7% of Ruffer LLP's investment portfolio, making the stock its 16th biggest holding. Ruffer LLP owned about 0.33% of CF Industries worth $48,331,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in CF Industries in the 4th quarter worth approximately $34,000. Brooklyn Investment Group acquired a new position in shares of CF Industries in the 3rd quarter valued at $39,000. Asset Planning Inc purchased a new stake in CF Industries during the fourth quarter worth $44,000. Arlington Trust Co LLC grew its position in CF Industries by 422.0% during the fourth 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. Finally, Sierra Ocean LLC purchased a new position in CF Industries in the fourth quarter valued at $49,000. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Price Performance

Shares of CF Industries stock traded down $0.93 on Thursday, hitting $76.78. 2,715,180 shares of the company were exchanged, compared to its average volume of 2,071,065. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $13.02 billion, a price-to-earnings ratio of 11.34, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The company has a 50-day moving average price of $85.97 and a 200 day moving average price of $85.39.

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CF Industries (NYSE:CF - Get Free Report) last issued its 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 return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 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, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date was Friday, February 14th. CF Industries's dividend payout ratio (DPR) is presently 29.54%.

Analyst Upgrades and Downgrades

CF has been the topic of several recent analyst reports. JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and lowered their target price for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective on the stock in a report on Monday, February 24th. Piper Sandler lifted their price target on shares of CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, January 27th. UBS Group dropped their target price on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Finally, Scotiabank reduced their price target on shares of CF Industries from $88.00 to $81.00 and set a "sector underperform" rating for the company in a research report on Monday, February 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $89.86.

Insider Buying and Selling at CF Industries

In other news, VP Ashraf K. Malik sold 8,889 shares of the business's stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares of the company's stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred 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 sale, the executive vice president now owns 92,486 shares of the company's stock, valued at $8,878,656. This trade represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,889 shares of company stock worth $1,130,955 in the last ninety days. 0.42% of the stock is owned by insiders.

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.