Natixis Advisors L.P. Reduces Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Natixis Advisors L.P. reduced its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,991 shares of the basic materials company’s stock after selling 5,663 shares during the period. Natixis Advisors L.P.’s holdings in CF Industries were worth $13,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in CF. Turtle Creek Wealth Advisors LLC acquired a new position in shares of CF Industries during the fourth quarter valued at about $29,000. ORG Partners LLC increased its stake in CF Industries by 428.6% during the 3rd quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 300 shares in the last quarter. Bruce G. Allen Investments LLC acquired a new position in CF Industries during the 4th quarter valued at approximately $32,000. Meeder Asset Management Inc. purchased a new position in shares of CF Industries in the fourth quarter worth $36,000. Finally, Larson Financial Group LLC acquired a new stake in shares of CF Industries during the third quarter worth $50,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of the stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total transaction of $510,000.00. Following the completion of the transaction, the executive vice president now owns 64,030 shares of the company’s stock, valued at $5,442,550. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank of Canada reissued an “outperform” rating and issued a $95.00 target price on shares of CF Industries in a research report on Friday, February 16th. Berenberg Bank lifted their target price on CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a report on Wednesday, April 17th. Bank of America reiterated a “neutral” rating and issued a $88.00 price target (down previously from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Wolfe Research initiated coverage on shares of CF Industries in a research note on Friday, March 1st. They set an “outperform” rating and a $99.00 price objective for the company. Finally, Scotiabank cut their price objective on shares of CF Industries from $86.00 to $80.00 and set a “sector perform” rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $85.00.

CF Industries Stock Performance

CF opened at $74.99 on Wednesday. The firm has a market capitalization of $13.71 billion, a PE ratio of 12.46, a PEG ratio of 2.11 and a beta of 1.02. The company has a current ratio of 3.94, a quick ratio of 3.55 and a debt-to-equity ratio of 0.37. CF Industries Holdings, Inc. has a twelve month low of $60.08 and a twelve month high of $87.90. The firm’s 50-day moving average price is $81.24 and its 200 day moving average price is $79.15.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.44). The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a net margin of 19.03% and a return on equity of 14.08%. The company’s revenue was down 26.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.85 EPS. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.86 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be given a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.67%. CF Industries’s dividend payout ratio is currently 33.22%.

CF Industries Company 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.