Catalyst Funds Management Pty Ltd Sells 800 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Catalyst Funds Management Pty Ltd trimmed its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 20.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,200 shares of the basic materials company’s stock after selling 800 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in CF Industries were worth $273,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Checchi Capital Advisers LLC lifted its holdings in shares of CF Industries by 4.3% in the 4th quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company’s stock worth $221,000 after purchasing an additional 108 shares in the last quarter. Brooklyn Investment Group lifted its holdings in shares of CF Industries by 26.9% in the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 122 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of CF Industries by 1.8% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company’s stock worth $602,000 after purchasing an additional 126 shares in the last quarter. Ballentine Partners LLC lifted its holdings in shares of CF Industries by 2.3% in the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock worth $482,000 after purchasing an additional 127 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its holdings in shares of CF Industries by 4.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock worth $247,000 after purchasing an additional 135 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

CF Industries Trading Down 0.4 %

Shares of CF Industries stock opened at $76.55 on Monday. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The firm has a market cap of $12.98 billion, a PE ratio of 11.31, a P/E/G ratio of 0.37 and a beta of 0.99. The stock has a fifty day moving average price of $85.55 and a 200-day moving average price of $85.35. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.50 billion. Equities research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is currently 29.54%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Oppenheimer cut their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Bank of America upgraded CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective on the stock in a research note on Monday, February 24th. Piper Sandler raised their price objective on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. The Goldman Sachs Group began coverage on CF Industries in a research note on Thursday. They set a “neutral” rating and a $86.00 price objective on the stock. Finally, Barclays dropped their price objective on CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $89.86.

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.