National Pension Service Sells 79,945 Shares of CF Industries Holdings, Inc. (NYSE:CF)

National Pension Service decreased its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 89.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,849 shares of the basic materials company's stock after selling 79,945 shares during the period. National Pension Service's holdings in CF Industries were worth $845,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Councilmark Asset Management LLC acquired a new stake in shares of CF Industries in the first quarter worth $1,251,000. Quantbot Technologies LP acquired a new stake in CF Industries in the 1st quarter worth $610,000. Swedbank AB bought a new position in shares of CF Industries during the 1st quarter worth about $19,824,000. Envestnet Portfolio Solutions Inc. raised its position in shares of CF Industries by 17.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 50,243 shares of the basic materials company's stock valued at $3,724,000 after buying an additional 7,294 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of CF Industries by 286.0% in the first quarter. Cetera Investment Advisers now owns 34,439 shares of the basic materials company's stock valued at $2,866,000 after buying an additional 25,516 shares during the period. 93.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on CF shares. UBS Group upped their price target on CF Industries from $80.00 to $85.00 and gave the company a "neutral" rating in a report on Monday, August 26th. Piper Sandler upped their target price on CF Industries from $77.00 to $79.00 and gave the company an "underweight" rating in a research note on Friday. Barclays lifted their price target on shares of CF Industries from $90.00 to $96.00 and gave the stock an "overweight" rating in a research note on Friday, October 11th. Scotiabank boosted their price target on shares of CF Industries from $80.00 to $88.00 and gave the company a "sector perform" rating in a report on Monday, August 12th. Finally, Royal Bank of Canada raised their price objective on shares of CF Industries from $95.00 to $100.00 and gave the stock an "outperform" rating in a report on Monday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, CF Industries currently has a consensus rating of "Hold" and an average target price of $88.42.

CF Industries Price Performance

Shares of CF traded down $0.93 on Friday, hitting $83.71. The company's stock had a trading volume of 2,141,035 shares, compared to its average volume of 2,079,872. The company has a market capitalization of $14.57 billion, a PE ratio of 13.34, a PEG ratio of 2.37 and a beta of 0.97. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $90.86. The company has a 50 day moving average price of $83.57 and a 200 day moving average price of $78.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the firm earned $0.85 earnings per share. The business's revenue was up 7.6% on a year-over-year basis. On average, research analysts anticipate that CF Industries Holdings, Inc. will post 6.07 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.39%. CF Industries's dividend payout ratio (DPR) is currently 31.65%.

Insider Activity at CF Industries

In other news, VP Ashraf K. Malik sold 7,201 shares of the business's stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, VP Ashraf K. Malik sold 7,201 shares of CF Industries stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the transaction, the executive vice president now owns 66,268 shares in the company, valued at $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by company 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.