CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund reduced its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 14,916 shares of the basic materials company’s stock after selling 480 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in CF Industries were worth $1,273,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Checchi Capital Advisers LLC boosted its stake in shares of CF Industries by 4.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company’s stock worth $221,000 after purchasing an additional 108 shares during the last quarter. National Pension Service boosted its stake in shares of CF Industries by 2,848.4% during the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock worth $24,776,000 after purchasing an additional 280,535 shares during the last quarter. Sprott Inc. boosted its position in shares of CF Industries by 0.9% in the fourth quarter. Sprott Inc. now owns 196,706 shares of the basic materials company’s stock worth $16,783,000 after acquiring an additional 1,839 shares during the last quarter. Commonwealth Retirement Investments LLC boosted its position in shares of CF Industries by 4.7% in the fourth quarter. Commonwealth Retirement Investments LLC now owns 14,161 shares of the basic materials company’s stock worth $1,208,000 after acquiring an additional 642 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co boosted its position in shares of CF Industries by 47.0% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 41,709 shares of the basic materials company’s stock worth $3,559,000 after acquiring an additional 13,345 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the sale, the executive vice president now owns 93,986 shares of the company’s stock, valued at approximately $8,928,670. This trade represents a 1.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares of the company’s stock, valued at $1,507,745. The trade was a 35.90 % 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 90 days. Company insiders own 0.42% of the company’s stock.

CF Industries Trading Up 1.8 %

CF opened at $80.99 on Friday. The firm has a market capitalization of $13.73 billion, a P/E ratio of 11.96, a P/E/G ratio of 0.37 and a beta of 0.98. The firm’s 50 day moving average is $87.27 and its 200-day moving average is $85.58. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

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

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders 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 currently 29.54%.

Analyst Upgrades and Downgrades

CF has been the topic of several research analyst reports. Piper Sandler raised their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Barclays cut shares of CF Industries from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $96.00 to $100.00 in a research report on Tuesday, January 21st. 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 research report on Monday, February 24th. Royal Bank of Canada decreased 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 research report on Tuesday, February 25th. Finally, UBS Group decreased their target price on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, CF Industries presently has an average rating of “Hold” and an average target price of $90.54.

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.