Advisors Asset Management Inc. Sells 11,128 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Advisors Asset Management Inc. trimmed its stake in CF Industries Holdings, Inc. (NYSE:CF) by 25.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,269 shares of the basic materials company’s stock after selling 11,128 shares during the period. Advisors Asset Management Inc.’s holdings in CF Industries were worth $2,753,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Central Pacific Bank Trust Division bought a new stake in shares of CF Industries during the 4th quarter worth approximately $74,000. National Pension Service lifted its stake in shares of CF Industries by 2,848.4% during the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock worth $24,776,000 after acquiring an additional 280,535 shares during the last quarter. Kingsview Wealth Management LLC bought a new stake in shares of CF Industries during the 3rd quarter worth approximately $3,149,000. SBI Securities Co. Ltd. bought a new stake in shares of CF Industries during the 4th quarter worth approximately $51,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of CF Industries by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock worth $494,202,000 after acquiring an additional 225,109 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 value of $144,000.00. Following the sale, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,889 shares of company stock worth $1,130,955 in the last ninety days. 0.42% of the stock is owned by insiders.

CF Industries Trading Down 0.0 %

Shares of NYSE:CF opened at $76.88 on Friday. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The business’s fifty day simple moving average is $84.43 and its 200-day simple moving average is $85.11. The company has a market capitalization of $13.03 billion, a PE ratio of 11.36, a P/E/G ratio of 0.37 and a beta of 0.99. The company has a current ratio of 3.08, a quick ratio of 2.52 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, 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 firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.60%. CF Industries’s dividend payout ratio (DPR) is 29.54%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CF shares. Scotiabank decreased their price target on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. Barclays decreased their target price on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 5th. Piper Sandler lifted their target price on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, January 27th. The Goldman Sachs Group initiated coverage on CF Industries in a research report on Thursday, March 13th. They set a “neutral” rating and a $86.00 target price for the company. Finally, Royal Bank of Canada decreased their target price on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, CF Industries presently has a consensus 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.