CF Industries Holdings, Inc. (NYSE:CF) Stock Position Decreased by New York State Teachers Retirement System

New York State Teachers Retirement System lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 23.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,935 shares of the basic materials company's stock after selling 46,486 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of CF Industries worth $13,293,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Victory Capital Management Inc. grew its position in shares of CF Industries by 401.2% during the 2nd quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company's stock valued at $269,729,000 after buying an additional 2,912,942 shares during the last quarter. Boston Partners grew its holdings in shares of CF Industries by 37.5% during the first quarter. Boston Partners now owns 3,063,854 shares of the basic materials company's stock valued at $254,920,000 after purchasing an additional 835,557 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of CF Industries by 7.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company's stock worth $212,823,000 after purchasing an additional 198,246 shares during the period. Earnest Partners LLC lifted its holdings in shares of CF Industries by 2.8% in the 2nd quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company's stock worth $162,584,000 after purchasing an additional 59,674 shares during the last quarter. Finally, Sei Investments Co. boosted its position in CF Industries by 5.1% during the 2nd quarter. Sei Investments Co. now owns 1,422,493 shares of the basic materials company's stock valued at $105,435,000 after purchasing an additional 68,834 shares during the period. Institutional investors own 93.06% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. BMO Capital Markets raised their target price on CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a research note on Friday, August 9th. Redburn Atlantic initiated coverage on shares of CF Industries in a research report on Friday, October 18th. They issued a "neutral" rating and a $77.00 price objective on the stock. UBS Group upped their target price on shares of CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. Scotiabank lifted their price target on CF Industries from $80.00 to $88.00 and gave the company a "sector perform" rating in a report on Monday, August 12th. Finally, Wells Fargo & Company increased their price objective on CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a report on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $87.67.

Insider Buying and Selling

In other news, VP Ashraf K. Malik sold 7,201 shares of the business's 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 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 Securities & Exchange Commission, which can be accessed through the SEC website. In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the transaction, the executive vice president now owns 66,268 shares of the company's stock, valued at $5,964,120. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction that occurred 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 directly owns 29,211 shares of the company's stock, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by company insiders.

CF Industries Price Performance

Shares of NYSE:CF traded up $1.83 during trading hours on Friday, hitting $84.06. 1,569,340 shares of the company's stock traded hands, compared to its average volume of 1,435,177. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.19 and a current ratio of 2.81. The company's fifty day simple moving average is $83.32 and its two-hundred day simple moving average is $78.43. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $90.86. The company has a market cap of $15.17 billion, a price-to-earnings ratio of 13.30, a price-to-earnings-growth ratio of 2.34 and a beta of 0.97.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The firm 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 business posted $0.85 earnings per share. The firm's quarterly revenue was up 7.6% compared to the same quarter last year. As a group, equities analysts anticipate that CF Industries Holdings, Inc. will post 5.86 EPS 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. Investors of record on Friday, November 15th will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.38%. CF Industries's dividend payout ratio (DPR) is 31.65%.

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.