CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lowered its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 24.6% during the fourth quarter, Holdings Channel reports. The fund owned 20,664 shares of the basic materials company’s stock after selling 6,734 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in CF Industries were worth $1,643,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Nordea Investment Management AB boosted its holdings in shares of CF Industries by 9.5% in the 3rd quarter. Nordea Investment Management AB now owns 18,942 shares of the basic materials company’s stock valued at $1,635,000 after purchasing an additional 1,636 shares during the last quarter. Teachers Retirement System of The State of Kentucky boosted its holdings in shares of CF Industries by 926.1% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 183,711 shares of the basic materials company’s stock valued at $15,751,000 after purchasing an additional 165,808 shares during the last quarter. Comerica Bank boosted its holdings in shares of CF Industries by 133.8% in the 3rd quarter. Comerica Bank now owns 54,551 shares of the basic materials company’s stock valued at $4,677,000 after purchasing an additional 31,215 shares during the last quarter. Klein Pavlis & Peasley Financial Inc. acquired a new position in shares of CF Industries in the 4th quarter valued at $1,627,000. Finally, Raymond James & Associates boosted its holdings in shares of CF Industries by 25.4% in the 4th quarter. Raymond James & Associates now owns 133,439 shares of the basic materials company’s stock valued at $10,608,000 after purchasing an additional 27,027 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

CF has been the topic of a number of research analyst reports. Scotiabank decreased their price target on shares of CF Industries from $86.00 to $80.00 and set a “sector perform” rating on the stock in a report on Monday, May 6th. UBS Group lowered shares of CF Industries from a “buy” rating to a “neutral” rating and decreased their price target for the company from $95.00 to $83.00 in a report on Wednesday, January 31st. Piper Sandler cut their target price on shares of CF Industries from $82.00 to $75.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 7th. Wolfe Research began coverage on shares of CF Industries in a research note on Friday, March 1st. They issued an “outperform” rating and a $99.00 target price on the stock. Finally, BMO Capital Markets cut their target price on shares of CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, May 6th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $85.00.

CF Industries Stock Performance

CF Industries stock opened at $79.68 on Thursday. CF Industries Holdings, Inc. has a 12-month low of $60.08 and a 12-month high of $87.90. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 13.24, a price-to-earnings-growth ratio of 2.50 and a beta of 1.02. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.94 and a quick ratio of 3.55. The firm’s fifty day moving average price is $79.80 and its 200 day moving average price is $78.81.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.44). CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the firm earned $2.85 EPS. The business’s quarterly revenue was down 26.9% on a year-over-year basis. On average, research analysts forecast that CF Industries Holdings, Inc. will post 5.24 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio is currently 33.22%.

Insiders Place Their Bets

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total transaction of $510,000.00. Following the completion of the transaction, the executive vice president now directly owns 64,030 shares of the company’s stock, valued at approximately $5,442,550. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.48% of the stock is owned by company insiders.

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.