Nomura Holdings Inc. Sells 59,960 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Nomura Holdings Inc. trimmed its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 93.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,174 shares of the basic materials company's stock after selling 59,960 shares during the period. Nomura Holdings Inc.'s holdings in CF Industries were worth $332,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC bought a new stake in shares of CF Industries during the 4th quarter worth $29,000. Bruce G. Allen Investments LLC bought a new stake in shares of CF Industries during the 4th quarter worth $32,000. Meeder Asset Management Inc. bought a new stake in shares of CF Industries during the 4th quarter worth $36,000. ORG Partners LLC boosted its holdings in shares of CF Industries by 62.2% during the 4th quarter. ORG Partners LLC now owns 600 shares of the basic materials company's stock worth $48,000 after buying an additional 230 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of CF Industries by 70.1% during the 3rd quarter. Parkside Financial Bank & Trust now owns 621 shares of the basic materials company's stock worth $53,000 after buying an additional 256 shares during the period. 93.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on CF shares. Scotiabank reduced their price target on shares of CF Industries from $86.00 to $80.00 and set a "sector perform" rating for the company in a report on Monday, May 6th. BMO Capital Markets reduced their price target on shares of CF Industries from $100.00 to $95.00 and set an "outperform" rating for the company in a report on Monday, May 6th. Wolfe Research started coverage on shares of CF Industries in a report on Friday, March 1st. They issued an "outperform" rating and a $99.00 price target for the company. Piper Sandler reduced their price target on shares of CF Industries from $82.00 to $75.00 and set an "underweight" rating for the company in a report on Tuesday, May 7th. Finally, Bank of America reissued a "neutral" rating and issued a $88.00 price target (down from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $85.00.

CF Industries Price Performance

Shares of CF stock traded down $1.02 during mid-day trading on Friday, reaching $73.11. The company's stock had a trading volume of 5,844,724 shares, compared to its average volume of 2,059,020. The company has a market cap of $13.36 billion, a P/E ratio of 12.14, a PEG ratio of 2.37 and a beta of 1.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.55 and a current ratio of 3.94. The firm's 50-day moving average is $76.88 and its two-hundred day moving average is $78.70. CF Industries Holdings, Inc. has a 1-year low of $67.59 and a 1-year high of $87.90.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.47 by ($0.44). The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The company's revenue for the quarter was down 26.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.85 EPS. On average, research analysts predict that CF Industries Holdings, Inc. will post 5.2 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 15th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date was Tuesday, May 14th. CF Industries's dividend payout ratio (DPR) is currently 33.22%.

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.