CF Industries Holdings, Inc. $CF Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al cut its position in CF Industries Holdings, Inc. (NYSE:CF) by 3.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 396,802 shares of the basic materials company’s stock after selling 15,300 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in CF Industries were worth $45,712,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Himension Capital Singapore PTE. LTD. purchased a new position in shares of CF Industries during the 1st quarter valued at $25,000. Virtus Advisers LLC purchased a new position in CF Industries during the second quarter worth about $25,000. Continuum Advisory LLC purchased a new position in CF Industries during the second quarter worth about $28,000. Keating Financial Advisory Services Inc. bought a new position in CF Industries in the 2nd quarter worth about $29,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in shares of CF Industries in the 3rd quarter valued at about $35,000. 93.06% of the stock is owned by institutional investors.

CF Industries Price Performance

Shares of CF Industries stock opened at $123.27 on Friday. The firm has a market capitalization of $18.66 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The business’s 50-day moving average price is $123.47 and its 200-day moving average price is $115.96.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter in the previous year, the firm earned $2.37 EPS. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 13.68 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, November 16th. CF Industries’s payout ratio is presently 17.79%.

Analysts Set New Price Targets

CF has been the subject of a number of research analyst reports. Scotiabank lifted their price target on CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Morgan Stanley lowered their target price on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 7th. Rothschild & Co Redburn raised shares of CF Industries from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $98.00 to $110.00 in a research note on Monday, September 28th. Royal Bank Of Canada lowered their price objective on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating on the stock in a research report on Friday, July 17th. Finally, Sanford C. Bernstein assumed coverage on shares of CF Industries in a report on Friday, September 25th. They set an “outperform” rating and a $162.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, CF Industries currently has an average rating of “Hold” and a consensus target price of $121.94.

About CF Industries

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.