CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lessened its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 17.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 156,149 shares of the basic materials company's stock after selling 33,094 shares during the quarter. Teachers Retirement System of The State of Kentucky owned approximately 0.09% of CF Industries worth $13,398,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of CF. Victory Capital Management Inc. boosted its position in 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 acquiring an additional 2,912,942 shares in the last quarter. International Assets Investment Management LLC boosted its position in CF Industries by 7,617.5% during the 3rd quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company's stock valued at $375,440,000 after acquiring an additional 431,910 shares in the last quarter. Barclays PLC boosted its position in shares of CF Industries by 68.9% in the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock worth $63,263,000 after purchasing an additional 300,873 shares in the last quarter. FMR LLC boosted its position in shares of CF Industries by 3.8% in the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company's stock worth $711,003,000 after purchasing an additional 300,050 shares in the last quarter. Finally, LSV Asset Management boosted its position in shares of CF Industries by 154.3% in the 2nd quarter. LSV Asset Management now owns 408,703 shares of the basic materials company's stock worth $30,293,000 after purchasing an additional 248,003 shares in the last quarter. Institutional investors own 93.06% of the company's stock.

Insider Buying and Selling

In related news, VP Ashraf K. Malik sold 7,000 shares of the company's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the transaction, the vice president now owns 22,211 shares of the company's stock, valued at approximately $2,016,314.58. This represents a 23.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 3,500 shares of the company's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the transaction, the executive vice president now directly owns 62,768 shares of the company's stock, valued at $5,828,636.48. The trade was a 5.28 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 22,701 shares of company stock valued at $2,052,704. 0.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Wells Fargo & Company raised their price objective on CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 24th. UBS Group raised their price objective on CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. Piper Sandler raised their price objective on CF Industries from $77.00 to $79.00 and gave the stock an "underweight" rating in a research report on Friday, November 8th. Oppenheimer started coverage on CF Industries in a research report on Thursday. They issued an "outperform" rating and a $114.00 price objective for the company. Finally, Mizuho lifted their price target on CF Industries from $76.00 to $93.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, CF Industries currently has an average rating of "Hold" and a consensus target price of $90.38.

CF Industries Stock Performance

Shares of CF stock traded up $0.29 on Thursday, hitting $90.11. The company had a trading volume of 1,305,905 shares, compared to its average volume of 2,048,477. The firm has a market cap of $15.68 billion, a P/E ratio of 14.26, a price-to-earnings-growth ratio of 2.33 and a beta of 0.98. The company has a 50-day moving average price of $86.72 and a 200-day moving average price of $80.61. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $94.46.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.50. The business had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company's revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.85 EPS. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.22%. CF Industries's payout ratio is 31.65%.

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.