Bank Julius Baer & Co. Ltd Zurich Sells 5,520 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Bank Julius Baer & Co. Ltd Zurich lowered its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 115,953 shares of the basic materials company’s stock after selling 5,520 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned 0.06% of CF Industries worth $9,218,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of CF. VCI Wealth Management LLC bought a new stake in shares of CF Industries in the 4th quarter worth approximately $752,000. Stevens Capital Management LP purchased a new position in shares of CF Industries during the 4th quarter valued at $387,000. Tokio Marine Asset Management Co. Ltd. grew its position in shares of CF Industries by 11.6% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,534 shares of the basic materials company’s stock valued at $440,000 after purchasing an additional 574 shares in the last quarter. GAMMA Investing LLC purchased a new position in shares of CF Industries during the 4th quarter valued at $153,000. Finally, Parkside Financial Bank & Trust grew its position in shares of CF Industries by 1,127.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,624 shares of the basic materials company’s stock valued at $606,000 after purchasing an additional 7,003 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Insiders Place Their Bets

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total value of $510,000.00. Following the sale, the executive vice president now owns 64,030 shares in the company, valued at $5,442,550. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.42% of the company’s stock.

CF Industries Trading Up 0.1 %

CF stock traded up $0.04 during trading on Friday, reaching $80.01. The company had a trading volume of 1,380,427 shares, compared to its average volume of 2,455,620. CF Industries Holdings, Inc. has a 52 week low of $60.08 and a 52 week high of $87.90. The company has a market cap of $15.02 billion, a P/E ratio of 10.21, a PEG ratio of 2.25 and a beta of 1.03. The business has a 50 day moving average of $81.55 and a 200 day moving average of $79.67. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44.

CF Industries (NYSE:CF) last released its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.12). The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.51 billion. CF Industries had a return on equity of 18.44% and a net margin of 23.00%. CF Industries’s quarterly revenue was down 39.8% on a year-over-year basis. During the same period in the previous year, the company earned $4.35 earnings per share. As a group, sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio (DPR) is presently 25.51%.

Analysts Set New Price Targets

A number of research analysts have recently commented on CF shares. Piper Sandler lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $87.00 to $82.00 in a research report on Thursday, February 29th. Wells Fargo & Company cut their target price on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a research report on Friday, February 16th. UBS Group lowered shares of CF Industries from a “buy” rating to a “neutral” rating and cut their target price for the stock from $95.00 to $83.00 in a research report on Wednesday, January 31st. Berenberg Bank upped their target price on shares of CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a research report on Wednesday, April 17th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 target price on shares of CF Industries in a research report on Friday, February 16th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $86.47.

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.