IFM Investors Pty Ltd Sells 10,420 Shares of CF Industries Holdings, Inc. (NYSE:CF)

IFM Investors Pty Ltd lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 27.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,849 shares of the basic materials company's stock after selling 10,420 shares during the period. IFM Investors Pty Ltd's holdings in CF Industries were worth $2,389,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in shares of CF Industries by 7,617.5% during the third quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company's stock worth $375,440,000 after purchasing an additional 431,910 shares during the last quarter. Heartland Bank & Trust Co bought a new stake in shares of CF Industries during the third quarter worth about $215,000. Albert D Mason Inc. bought a new stake in shares of CF Industries during the third quarter worth about $221,000. Allspring Global Investments Holdings LLC grew its holdings in shares of CF Industries by 9.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 693,276 shares of the basic materials company's stock worth $59,483,000 after purchasing an additional 60,405 shares during the last quarter. Finally, Vest Financial LLC grew its holdings in shares of CF Industries by 10.4% during the third quarter. Vest Financial LLC now owns 344,416 shares of the basic materials company's stock worth $29,551,000 after purchasing an additional 32,567 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CF has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their price objective on CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 24th. Bank of America lowered CF Industries from a "neutral" rating to an "underperform" rating and set a $83.00 price objective on the stock. in a research note on Wednesday, October 16th. Royal Bank of Canada lifted their price objective on CF Industries from $85.00 to $95.00 and gave the stock an "outperform" rating in a research note on Monday, August 12th. Barclays lifted their price objective on CF Industries from $90.00 to $96.00 and gave the stock an "overweight" rating in a research note on Friday, October 11th. Finally, Scotiabank lifted their price objective on CF Industries from $80.00 to $88.00 and gave the stock a "sector perform" rating in a research note on Monday, August 12th. Two 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.com, the stock has an average rating of "Hold" and a consensus target price of $87.67.

CF Industries Stock Down 1.5 %

Shares of NYSE CF traded down $1.28 during midday trading on Monday, hitting $81.91. 1,906,098 shares of the stock traded hands, compared to its average volume of 2,080,669. The company has a market cap of $14.97 billion, a PE ratio of 13.61, a P/E/G ratio of 2.49 and a beta of 0.95. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $90.86. The business has a 50 day moving average price of $83.12 and a two-hundred day moving average price of $78.31. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, beating the consensus estimate of $1.80 by $0.50. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The company's quarterly revenue was down 11.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.70 earnings per share. On average, equities analysts predict that CF Industries Holdings, Inc. will post 5.84 EPS for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.44%. CF Industries's dividend payout ratio is 33.22%.

Insider Activity

In related news, VP Ashraf K. Malik sold 7,201 shares of the company'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 approximately $2,629,574.22. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, VP Ashraf K. Malik sold 7,201 shares of the company'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 approximately $2,629,574.22. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Susan L. Menzel sold 2,000 shares of the company's stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the sale, the executive vice president now owns 66,268 shares of the company's stock, valued at $5,964,120. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company's stock.

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.