CF Industries Holdings, Inc. $CF Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,287,979 shares of the basic materials company’s stock after selling 98,029 shares during the quarter. Geode Capital Management LLC’s holdings in CF Industries were worth $330,368,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CF. Worldquant Millennium Advisors LLC acquired a new position in CF Industries during the second quarter valued at approximately $96,560,000. Caisse de depot et placement du Quebec lifted its position in CF Industries by 52.4% during the third quarter. Caisse de depot et placement du Quebec now owns 1,775,106 shares of the basic materials company’s stock valued at $159,227,000 after buying an additional 610,259 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in CF Industries by 22.2% during the third quarter. Dimensional Fund Advisors LP now owns 3,133,709 shares of the basic materials company’s stock valued at $281,104,000 after buying an additional 568,710 shares in the last quarter. AustralianSuper Pty Ltd lifted its position in CF Industries by 115.1% during the fourth quarter. AustralianSuper Pty Ltd now owns 1,019,926 shares of the basic materials company’s stock valued at $78,881,000 after buying an additional 545,668 shares in the last quarter. Finally, LSV Asset Management lifted its position in CF Industries by 106.3% during the third quarter. LSV Asset Management now owns 1,053,802 shares of the basic materials company’s stock valued at $94,526,000 after buying an additional 543,070 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Up 0.9%

Shares of NYSE:CF opened at $113.41 on Tuesday. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. The company has a fifty day simple moving average of $123.73 and a 200 day simple moving average of $101.89. The firm has a market cap of $17.42 billion, a PE ratio of 10.19 and a beta of 0.38. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $1.35. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.84 billion. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The business’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.85 earnings per share. On average, equities research analysts anticipate that CF Industries Holdings, Inc. will post 15.12 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, May 15th. CF Industries’s payout ratio is 17.97%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CF. Canadian Imperial Bank of Commerce lifted their price target on shares of CF Industries from $118.00 to $128.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Barclays lifted their price target on shares of CF Industries from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. BMO Capital Markets lifted their price target on shares of CF Industries from $115.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, March 18th. JPMorgan Chase & Co. lifted their price objective on shares of CF Industries from $80.00 to $94.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Finally, Wells Fargo & Company lifted their price objective on shares of CF Industries from $100.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus target price of $117.69.

Insiders Place Their Bets

In related news, EVP Bert A. Frost sold 6,000 shares of CF Industries stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $126.00, for a total value of $756,000.00. Following the completion of the sale, the executive vice president owned 69,472 shares in the company, valued at approximately $8,753,472. The trade was a 7.95% 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. Also, VP Erik M. Mayer sold 1,500 shares of CF Industries stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $124.69, for a total transaction of $187,035.00. Following the completion of the sale, the vice president owned 6,341 shares of the company’s stock, valued at approximately $790,659.29. This trade represents a 19.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 72,513 shares of company stock valued at $8,952,781. 0.51% of the stock is owned by insiders.

CF Industries Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.