Altshuler Shaham Ltd Sells 237 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Altshuler Shaham Ltd reduced its stake in CF Industries Holdings, Inc. (NYSE:CF) by 29.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 564 shares of the basic materials company’s stock after selling 237 shares during the period. Altshuler Shaham Ltd’s holdings in CF Industries were worth $45,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Donoghue Forlines LLC grew its stake in shares of CF Industries by 1.9% in the 3rd quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock valued at $586,000 after purchasing an additional 130 shares during the period. Raymond James Trust N.A. grew its stake in shares of CF Industries by 5.3% in the 4th quarter. Raymond James Trust N.A. now owns 3,507 shares of the basic materials company’s stock valued at $279,000 after purchasing an additional 176 shares during the period. Perigon Wealth Management LLC grew its stake in shares of CF Industries by 2.9% in the 3rd quarter. Perigon Wealth Management LLC now owns 6,559 shares of the basic materials company’s stock valued at $562,000 after purchasing an additional 182 shares during the period. Greenleaf Trust grew its stake in shares of CF Industries by 5.7% in the 3rd quarter. Greenleaf Trust now owns 3,680 shares of the basic materials company’s stock valued at $316,000 after purchasing an additional 197 shares during the period. Finally, WP Advisors LLC grew its stake in shares of CF Industries by 8.6% in the 4th quarter. WP Advisors LLC now owns 2,675 shares of the basic materials company’s stock valued at $213,000 after purchasing an additional 212 shares during the period. 93.06% of the stock is currently owned by institutional investors.

CF Industries Trading Down 2.3 %

Shares of CF stock traded down $1.75 during trading hours on Wednesday, reaching $73.24. The company had a trading volume of 3,092,499 shares, compared to its average volume of 2,460,476. The company has a 50 day moving average of $81.11 and a 200 day moving average of $79.11. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.94 and a quick ratio of 3.55. The firm has a market cap of $13.39 billion, a price-to-earnings ratio of 12.17, a P/E/G ratio of 2.11 and a beta of 1.02. CF Industries Holdings, Inc. has a 1-year low of $60.08 and a 1-year high of $87.90.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). The company had revenue of $1.47 billion during 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 business’s revenue for the quarter was down 26.9% compared to the same quarter last year. During the same period last year, the company earned $2.85 EPS. On average, equities research analysts anticipate that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date is Tuesday, May 14th. CF Industries’s dividend payout ratio is currently 33.22%.

Insider Activity at CF Industries

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on CF shares. Wells Fargo & Company decreased their price target on CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a research report on Friday, February 16th. BMO Capital Markets decreased their price target on CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday. Piper Sandler decreased their price target on CF Industries from $82.00 to $75.00 and set an “underweight” rating on the stock in a research report on Tuesday. Royal Bank of Canada restated an “outperform” rating and set a $95.00 price target on shares of CF Industries in a research report on Friday, February 16th. Finally, Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target on the stock in a research report on Friday, January 12th. Two research 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. According to data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $85.00.

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.