CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Sarasin & Partners LLP

Sarasin & Partners LLP lessened its stake in CF Industries Holdings, Inc. (NYSE:CF) by 20.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,000 shares of the basic materials company’s stock after selling 5,000 shares during the quarter. Sarasin & Partners LLP’s holdings in CF Industries were worth $1,716,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CF. Victory Capital Management Inc. grew its holdings in shares of CF Industries by 401.2% during the second quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock worth $269,729,000 after buying an additional 2,912,942 shares in the last quarter. Boston Partners grew its holdings in shares of CF Industries by 37.5% during the first quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock worth $254,920,000 after buying an additional 835,557 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of CF Industries by 7.4% during the second quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company’s stock worth $212,823,000 after buying an additional 198,246 shares in the last quarter. Earnest Partners LLC grew its holdings in shares of CF Industries by 2.8% during the second quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock worth $162,584,000 after buying an additional 59,674 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of CF Industries by 68.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,546,331 shares of the basic materials company’s stock worth $122,933,000 after buying an additional 630,264 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling

In related news, VP Ashraf K. Malik sold 7,201 shares of CF Industries stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares in the company, valued at approximately $2,629,574.22. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Susan L. Menzel sold 2,000 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.00, for a total transaction of $180,000.00. Following the sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at approximately $5,964,120. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on CF shares. Barclays upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $80.00 to $90.00 in a report on Friday, August 16th. Mizuho raised their target price on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday. Royal Bank of Canada raised their target price on shares of CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. UBS Group raised their target price on shares of CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, August 26th. Finally, Scotiabank raised their target price on shares of CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $88.09.

CF Industries Stock Down 0.4 %

Shares of CF traded down $0.33 during mid-day trading on Friday, reaching $87.94. 127,762 shares of the stock traded hands, compared to its average volume of 2,117,659. The firm has a market cap of $15.87 billion, a price-to-earnings ratio of 15.71, a P/E/G ratio of 2.49 and a beta of 0.95. The stock has a fifty day simple moving average of $81.54 and a 200 day simple moving average of $78.22. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $90.86. The company has a quick ratio of 4.19, a current ratio of 4.70 and a debt-to-equity ratio of 0.37.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.50. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The business’s quarterly revenue was down 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.70 earnings per share. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.84 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.27%. CF Industries’s dividend payout ratio (DPR) is presently 35.59%.

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.