Commonwealth of Pennsylvania Public School Empls Retrmt SYS Cuts Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in CF Industries Holdings, Inc. (NYSE:CF) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,002 shares of the basic materials company’s stock after selling 2,272 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in CF Industries were worth $3,157,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new position in CF Industries during the 4th quarter worth approximately $34,000. Brooklyn Investment Group purchased a new stake in shares of CF Industries during the 3rd quarter worth $39,000. Creative Financial Designs Inc. ADV grew its stake in shares of CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 161 shares in the last quarter. Asset Planning Inc purchased a new position in CF Industries in the fourth quarter valued at $44,000. Finally, Arlington Trust Co LLC raised its stake in CF Industries by 422.0% in the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after buying an additional 460 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on CF. UBS Group lowered their price objective on CF Industries from $92.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. The Goldman Sachs Group initiated coverage on CF Industries in a report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price target for the company. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their price objective for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Barclays lowered their target price on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. Finally, Royal Bank of Canada cut their price target on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $89.86.

Insider Activity at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $142,500.00. Following the completion of the transaction, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. This trade represents a 1.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock worth $1,130,955 over the last 90 days. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Performance

NYSE CF opened at $76.89 on Tuesday. The firm has a market cap of $13.04 billion, a P/E ratio of 11.36, a P/E/G ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The business’s 50-day moving average price is $84.06 and its 200 day moving average price is $85.18. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. On average, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.60%. CF Industries’s dividend payout ratio is currently 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.