Natixis Sells 4,780 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Natixis lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 24.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,115 shares of the basic materials company's stock after selling 4,780 shares during the period. Natixis' holdings in CF Industries were worth $1,290,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ossiam raised its position in CF Industries by 558.8% in the fourth quarter. Ossiam now owns 3,518 shares of the basic materials company's stock worth $300,000 after acquiring an additional 2,984 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its holdings in CF Industries by 679.2% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 139,359 shares of the basic materials company's stock worth $11,890,000 after purchasing an additional 121,474 shares during the period. First Trust Advisors LP grew its holdings in CF Industries by 3.5% during the fourth quarter. First Trust Advisors LP now owns 4,425,518 shares of the basic materials company's stock valued at $377,585,000 after purchasing an additional 150,461 shares during the period. Forum Financial Management LP increased its position in CF Industries by 5.5% in the fourth quarter. Forum Financial Management LP now owns 3,762 shares of the basic materials company's stock worth $321,000 after buying an additional 196 shares in the last quarter. Finally, Zacks Investment Management purchased a new stake in CF Industries in the fourth quarter worth about $1,969,000. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Stock Up 0.6 %

Shares of CF opened at $75.60 on Wednesday. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. The company has a market cap of $12.82 billion, a PE ratio of 11.17, a P/E/G ratio of 0.37 and a beta of 0.84. The business has a fifty day moving average of $76.48 and a 200 day moving average of $83.78.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 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 for the quarter, compared to the consensus estimate of $1.50 billion. On average, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend payout ratio (DPR) is 29.54%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Barclays lowered their price target on shares of CF Industries from $95.00 to $87.00 and set an "equal weight" rating on the stock in a report on Tuesday. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday. Royal Bank of Canada lowered their price objective on CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Morgan Stanley cut their target price on CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a research report on Friday, April 11th. Finally, Piper Sandler boosted their price target on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $89.29.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.