Thrivent Financial for Lutherans Decreases Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Thrivent Financial for Lutherans lowered its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 9.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,175,509 shares of the basic materials company's stock after selling 124,976 shares during the period. Thrivent Financial for Lutherans owned 0.68% of CF Industries worth $100,294,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. increased its stake in shares of CF Industries by 14.2% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 6,924 shares of the basic materials company's stock valued at $594,000 after acquiring an additional 861 shares in the last quarter. CIBC Asset Management Inc increased its stake in shares of CF Industries by 6.0% in the 3rd quarter. CIBC Asset Management Inc now owns 31,203 shares of the basic materials company's stock valued at $2,677,000 after acquiring an additional 1,769 shares in the last quarter. Natixis Advisors LLC increased its stake in shares of CF Industries by 20.0% in the 3rd quarter. Natixis Advisors LLC now owns 266,866 shares of the basic materials company's stock valued at $22,897,000 after acquiring an additional 44,393 shares in the last quarter. AMG National Trust Bank bought a new stake in shares of CF Industries in the 3rd quarter valued at $887,000. Finally, Quest Partners LLC bought a new stake in shares of CF Industries in the 3rd quarter valued at $410,000. Institutional investors and hedge funds own 93.06% of the company's stock.

Analysts Set New Price Targets

CF has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and lowered their price objective for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Scotiabank decreased 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 note on Monday, February 24th. Royal Bank of Canada decreased 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 research note on Tuesday, February 25th. Barclays decreased their price target on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 5th. Finally, Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target for the company in a research note on Monday, February 24th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $89.86.

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Insider Activity at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 shares of the firm'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 $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries 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 $142,500.00. Following the transaction, the executive vice president now directly owns 93,986 shares in the company, valued at $8,928,670. This trade represents a 1.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,889 shares of company stock valued at $1,130,955 over the last three months. 0.42% of the stock is owned by corporate insiders.

CF Industries Price Performance

Shares of CF Industries stock traded down $0.04 on Friday, reaching $76.88. The stock had a trading volume of 7,513,372 shares, compared to its average volume of 2,020,130. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The company has a market cap of $13.03 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. 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 business's 50 day moving average is $84.43 and its two-hundred day moving average is $85.15.

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, topping analysts' consensus estimates 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 the consensus estimate of $1.50 billion. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.50 dividend. 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 is currently 29.54%.

CF Industries Company 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.