Wilmington Savings Fund Society FSB Reduces Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Wilmington Savings Fund Society FSB lowered its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,434 shares of the basic materials company’s stock after selling 144 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in CF Industries were worth $976,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Vest Financial LLC lifted its position in CF Industries by 20.3% during the fourth quarter. Vest Financial LLC now owns 414,376 shares of the basic materials company’s stock valued at $35,355,000 after purchasing an additional 69,960 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of CF Industries by 21.3% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 25,382 shares of the basic materials company’s stock valued at $2,166,000 after buying an additional 4,457 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. grew its stake in shares of CF Industries by 7.9% during the 4th quarter. Klein Pavlis & Peasley Financial Inc. now owns 28,730 shares of the basic materials company’s stock valued at $2,451,000 after acquiring an additional 2,100 shares during the period. Choreo LLC increased its holdings in CF Industries by 11.5% in the 4th quarter. Choreo LLC now owns 8,199 shares of the basic materials company’s stock worth $695,000 after acquiring an additional 848 shares in the last quarter. Finally, Confluence Wealth Services Inc. bought a new stake in CF Industries during the 4th quarter worth approximately $989,000. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

CF has been the subject of a number of recent analyst reports. Oppenheimer dropped their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Scotiabank reaffirmed a “sector underperform” rating and issued a $88.00 target price on shares of CF Industries in a report on Friday, January 24th. Piper Sandler raised their price target on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a research note on Wednesday, October 16th. Finally, UBS Group lifted their target price on CF Industries from $91.00 to $92.00 and gave the company a “neutral” rating in a research note on Tuesday, January 28th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, CF Industries currently has an average rating of “Hold” and an average price target of $92.43.

CF Industries Stock Performance

NYSE:CF opened at $87.00 on Tuesday. The company has a market cap of $15.14 billion, a price-to-earnings ratio of 13.77, a PEG ratio of 0.39 and a beta of 0.98. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The stock’s 50 day simple moving average is $89.36 and its two-hundred day simple moving average is $85.20. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend is Friday, February 14th. CF Industries’s payout ratio is 31.65%.

Insider Buying and Selling at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the sale, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. This represents a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Bert A. Frost sold 3,000 shares of CF Industries stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the completion of the transaction, the executive vice president now owns 103,155 shares of the company’s stock, valued at approximately $9,077,640. This trade represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,389 shares of company stock worth $2,355,425 over the last 90 days. 0.42% of the stock is owned by insiders.

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.