Edmond DE Rothschild Holding S.A. Sells 6,950 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Edmond DE Rothschild Holding S.A. decreased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 20.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,159 shares of the basic materials company’s stock after selling 6,950 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in CF Industries were worth $2,317,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. O Shaughnessy Asset Management LLC increased its holdings in CF Industries by 31.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 274,681 shares of the basic materials company’s stock worth $23,436,000 after purchasing an additional 65,987 shares in the last quarter. Brandywine Global Investment Management LLC grew its holdings in shares of CF Industries by 6.2% during the fourth quarter. Brandywine Global Investment Management LLC now owns 322,633 shares of the basic materials company’s stock worth $27,527,000 after buying an additional 18,712 shares in the last quarter. Schroder Investment Management Group raised its position in CF Industries by 228.3% in the 4th quarter. Schroder Investment Management Group now owns 77,266 shares of the basic materials company’s stock valued at $6,493,000 after buying an additional 53,729 shares during the last quarter. MV Capital Management Inc. lifted its stake in CF Industries by 58.5% in the 4th quarter. MV Capital Management Inc. now owns 672 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 248 shares in the last quarter. Finally, Allstate Corp acquired a new position in CF Industries during the 4th quarter worth approximately $460,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the sale, the executive vice president now owns 92,486 shares of the company’s stock, valued at $8,878,656. This trade represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,889 shares of company stock worth $1,130,955. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Up 0.9 %

CF opened at $78.11 on Tuesday. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The stock’s fifty day simple moving average is $82.11 and its 200 day simple moving average is $85.15. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The stock has a market cap of $13.24 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. As a group, 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 disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio is presently 29.54%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CF. Barclays lowered their price objective on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 5th. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their price target for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Royal Bank of Canada decreased their price objective on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Piper Sandler upped their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Finally, The Goldman Sachs Group started coverage on CF Industries in a research note on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price target for the company. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, CF Industries currently has an average rating of “Hold” and a consensus target price 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.