CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. cut its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 43.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 647 shares of the basic materials company’s stock after selling 493 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in CF Industries were worth $56,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Central Pacific Bank Trust Division acquired a new position in shares of CF Industries during the 4th quarter worth approximately $74,000. National Pension Service lifted its position in CF Industries by 2,848.4% during the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock worth $24,776,000 after buying an additional 280,535 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in CF Industries during the fourth quarter worth $51,000. Charles Schwab Investment Management Inc. grew its holdings in CF Industries by 4.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock valued at $494,202,000 after buying an additional 225,109 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of CF Industries by 14.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,807 shares of the basic materials company’s stock worth $14,543,000 after acquiring an additional 21,632 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insiders Place Their Bets

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the business’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 value of $844,455.00. Following the completion of the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the firm’s 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 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Bank of America raised shares of CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective for the company in a report on Monday, February 24th. Royal Bank of Canada cut their price target on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Piper Sandler upped their price objective on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Scotiabank cut their target price on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. Finally, Oppenheimer decreased their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $89.86.

CF Industries Price Performance

Shares of CF opened at $77.35 on Monday. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The firm’s 50 day moving average price is $82.49 and its 200 day moving average price is $85.14. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The company has a market cap of $13.11 billion, a P/E ratio of 11.43, a PEG ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping 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 firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. On average, research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

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.