Teachers Retirement System of The State of Kentucky Sells 73,016 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Teachers Retirement System of The State of Kentucky trimmed its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 46.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,133 shares of the basic materials company's stock after selling 73,016 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in CF Industries were worth $7,092,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Norges Bank acquired a new stake in CF Industries during the fourth quarter worth approximately $131,350,000. FMR LLC grew its holdings in CF Industries by 6.6% in the 4th quarter. FMR LLC now owns 8,830,621 shares of the basic materials company's stock valued at $753,429,000 after buying an additional 543,876 shares in the last quarter. Powszechne Towarzystwo Emerytalne Allianz Polska S.A. bought a new position in CF Industries during the 4th quarter worth $37,247,000. Skandinaviska Enskilda Banken AB publ boosted its position in shares of CF Industries by 459.4% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company's stock valued at $36,583,000 after acquiring an additional 357,531 shares during the period. Finally, Barclays PLC increased its position in CF Industries by 68.9% during the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock worth $63,263,000 after acquiring an additional 300,873 shares during the period. 93.06% of the stock is owned by institutional investors.

CF Industries Price Performance

Shares of NYSE CF traded up $1.20 during midday trading on Friday, reaching $78.50. 1,882,840 shares of the company were exchanged, compared to its average volume of 2,097,375. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $98.25. The stock has a market cap of $13.31 billion, a P/E ratio of 11.60, a PEG ratio of 0.37 and a beta of 0.84. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The stock's 50-day moving average price is $76.24 and its 200-day moving average price is $83.65.

CF Industries (NYSE:CF - Get Free Report) last issued its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.55%. CF Industries's dividend payout ratio is presently 29.54%.

Analysts Set New Price Targets

CF has been the topic of several recent research reports. BNP Paribas raised shares of CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Barclays dropped their price objective on CF Industries from $95.00 to $87.00 and set an "equal weight" rating for the company in a report on Tuesday. UBS Group decreased their price target on CF Industries from $90.00 to $79.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. Morgan Stanley dropped their price target on CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a research note on Friday, April 11th. Finally, JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and decreased their target price for the company from $82.00 to $75.00 in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $89.29.

CF Industries Company 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.