CF Industries Holdings, Inc. (NYSE:CF) Position Lowered by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd decreased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 1.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,214 shares of the basic materials company’s stock after selling 169 shares during the quarter. Gulf International Bank UK Ltd’s holdings in CF Industries were worth $1,298,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Heck Capital Advisors LLC bought a new position in shares of CF Industries during the fourth quarter worth about $34,000. Brooklyn Investment Group bought a new position in shares of CF Industries during the third quarter worth about $39,000. Asset Planning Inc bought a new position in shares of CF Industries during the fourth quarter worth about $44,000. Arlington Trust Co LLC lifted its position in shares of CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 460 shares during the last quarter. Finally, Sierra Ocean LLC bought a new position in shares of CF Industries during the fourth quarter worth about $49,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of NYSE:CF opened at $80.99 on Friday. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $13.73 billion, a P/E ratio of 11.96, a PEG ratio of 0.37 and a beta of 0.98. The firm’s 50 day moving average is $87.27 and its two-hundred day moving average is $85.58.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. Analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.47%. CF Industries’s dividend payout ratio is presently 29.54%.

Analysts Set New Price Targets

Several equities analysts have recently commented on CF shares. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Oppenheimer cut their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Scotiabank cut their target price on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a report on Monday, February 24th. Royal Bank of Canada cut their target price on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Finally, Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 target price on the stock in a report on Monday, February 24th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $90.54.

Insider Activity at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now owns 15,871 shares in the company, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,389 shares of company stock worth $1,455,965 over the last quarter. 0.42% of the stock is currently owned by company insiders.

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.