Voya Investment Management LLC Sells 4,622 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Voya Investment Management LLC lowered its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 485,619 shares of the basic materials company's stock after selling 4,622 shares during the quarter. Voya Investment Management LLC owned approximately 0.28% of CF Industries worth $41,433,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Barclays PLC increased its stake in 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 during the period. Pine Valley Investments Ltd Liability Co boosted its position in CF Industries by 8.7% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 28,364 shares of the basic materials company's stock valued at $2,434,000 after buying an additional 2,270 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of CF Industries in the third quarter valued at about $993,000. Tidal Investments LLC raised its stake in shares of CF Industries by 94.7% during the third quarter. Tidal Investments LLC now owns 40,616 shares of the basic materials company's stock valued at $3,485,000 after acquiring an additional 19,760 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of CF Industries by 13.4% during the third quarter. Franklin Resources Inc. now owns 245,742 shares of the basic materials company's stock worth $21,380,000 after purchasing an additional 29,101 shares during the period. Institutional investors own 93.06% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CF. Scotiabank upgraded shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price target on the stock in a report on Wednesday, April 9th. Royal Bank of Canada decreased their price target on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. The Goldman Sachs Group initiated coverage on CF Industries in a research report on Thursday, March 13th. They set a "neutral" rating and a $86.00 price objective on the stock. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research report on Tuesday, April 22nd. Finally, Barclays reduced their price target on CF Industries from $95.00 to $87.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $89.29.

CF Industries Stock Up 0.2 %

Shares of NYSE:CF traded up $0.12 during trading on Tuesday, reaching $79.76. 1,587,234 shares of the stock traded hands, compared to its average volume of 2,102,676. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. The stock has a market cap of $13.52 billion, a P/E ratio of 11.78, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. The stock has a 50-day moving average of $76.06 and a two-hundred day moving average of $83.48. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF - Get Free Report) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 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 analyst estimates of $1.50 billion. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.51%. CF Industries's payout ratio is 29.54%.

About CF Industries

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.