Menora Mivtachim Holdings LTD. Sells 879,136 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Menora Mivtachim Holdings LTD. lowered its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 51.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 815,634 shares of the basic materials company's stock after selling 879,136 shares during the quarter. Menora Mivtachim Holdings LTD. owned 0.47% of CF Industries worth $69,590,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Mizuho Bank Ltd. acquired a new stake in CF Industries during the fourth quarter worth about $26,000. Heck Capital Advisors LLC acquired a new position in shares of CF Industries in the fourth quarter valued at $34,000. Creative Financial Designs Inc. ADV boosted its stake in CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after buying an additional 161 shares in the last quarter. Asset Planning Inc bought a new position in shares of CF Industries during the 4th quarter worth about $44,000. Finally, Arlington Trust Co LLC increased its stake in CF Industries by 422.0% in the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after acquiring an additional 460 shares during the period. 93.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on CF. Scotiabank upgraded CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective on the stock in a research note on Wednesday, April 9th. JPMorgan Chase & Co. lowered CF Industries from a "neutral" rating to an "underweight" rating and dropped their price objective for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a research note on Monday, February 24th. The Goldman Sachs Group initiated coverage on shares of CF Industries in a report on Thursday, March 13th. They set a "neutral" rating and a $86.00 price target for the company. Finally, Royal Bank of Canada decreased their price objective on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, nine have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, CF Industries has an average rating of "Hold" and an average price target of $89.86.

CF Industries Trading Up 1.1 %

NYSE CF traded up $0.80 during trading hours on Friday, hitting $74.90. The company's stock had a trading volume of 2,282,775 shares, compared to its average volume of 2,105,592. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $98.25. The firm has a market capitalization of $12.70 billion, a P/E ratio of 11.06, a PEG ratio of 0.37 and a beta of 0.84. 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 fifty day moving average of $76.92 and a 200 day moving average of $84.10.

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 return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

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

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.