Edmond DE Rothschild Holding S.A. Sells 6,950 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Edmond DE Rothschild Holding S.A. lessened its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 20.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,159 shares of the basic materials company's stock after selling 6,950 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in CF Industries were worth $2,317,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of CF Industries during the fourth quarter worth about $131,350,000. Powszechne Towarzystwo Emerytalne Allianz Polska S.A. purchased a new position in CF Industries in the 4th quarter worth approximately $37,247,000. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of CF Industries by 459.4% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company's stock worth $36,583,000 after buying an additional 357,531 shares during the last quarter. Barclays PLC raised its position in shares of CF Industries by 68.9% during the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock valued at $63,263,000 after buying an additional 300,873 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of CF Industries by 7.1% during the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock worth $382,901,000 after acquiring an additional 299,173 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Remove Ads

CF Industries Trading Down 8.7 %

NYSE CF traded down $6.95 on Friday, hitting $72.91. The company's stock had a trading volume of 4,001,482 shares, compared to its average volume of 2,083,132. The firm has a market cap of $12.36 billion, a P/E ratio of 10.77, a PEG ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The company's 50-day simple moving average is $80.94 and its 200 day simple moving average is $85.05. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating 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 business had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.50 billion. Research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.74%. The ex-dividend date was Friday, February 14th. CF Industries's dividend payout ratio is currently 29.54%.

Insider Activity

In related news, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This trade represents a 1.60 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the business'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 $844,455.00. Following the sale, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock worth $1,130,955 in the last quarter. 0.42% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CF has been the subject of several research analyst reports. The Goldman Sachs Group started coverage on CF Industries in a research note on Thursday, March 13th. They set a "neutral" rating and a $86.00 price target for the company. Barclays cut their target price on 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. UBS Group decreased their price target on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Bank of America raised shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective for the company in a research note on Monday, February 24th. Finally, Oppenheimer reduced their target price on shares of CF Industries from $114.00 to $111.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. Two 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $89.86.

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.