CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by MetLife Investment Management LLC

MetLife Investment Management LLC decreased its position in CF Industries Holdings, Inc. (NYSE:CF) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,940 shares of the basic materials company’s stock after selling 1,889 shares during the quarter. MetLife Investment Management LLC’s holdings in CF Industries were worth $4,027,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CF. Victory Capital Management Inc. lifted its holdings in CF Industries by 401.2% in the 2nd quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock valued at $269,729,000 after acquiring an additional 2,912,942 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in CF Industries by 7,617.5% during the third quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock worth $375,440,000 after buying an additional 431,910 shares in the last quarter. FMR LLC grew its position in CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after buying an additional 300,050 shares during the last quarter. LSV Asset Management increased its holdings in shares of CF Industries by 154.3% in the second quarter. LSV Asset Management now owns 408,703 shares of the basic materials company’s stock valued at $30,293,000 after buying an additional 248,003 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of CF Industries by 7.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company’s stock valued at $212,823,000 after acquiring an additional 198,246 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of a number of recent analyst reports. Scotiabank boosted their target price on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research report on Monday, August 12th. UBS Group upped their price objective on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. Barclays lifted their target price on shares of CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, October 11th. Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a research report on Wednesday, October 16th. Finally, Mizuho lifted their price objective on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $88.42.

CF Industries Trading Up 1.5 %

NYSE CF opened at $90.97 on Tuesday. The company has a market capitalization of $15.83 billion, a PE ratio of 14.19, a price-to-earnings-growth ratio of 2.37 and a beta of 0.97. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $91.55. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The firm’s fifty day simple moving average is $85.96 and its 200-day simple moving average is $79.87.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the business earned $0.85 EPS. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.20%. CF Industries’s dividend payout ratio (DPR) is 31.65%.

Insider Activity

In other CF Industries news, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the transaction, the executive vice president now owns 103,155 shares in the company, valued at $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Ashraf K. Malik sold 7,000 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the sale, the vice president now owns 22,211 shares of the company’s stock, valued at $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,201 shares of company stock worth $1,727,694. 0.42% of the stock is owned by corporate insiders.

CF Industries 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.