CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC reduced its position in CF Industries Holdings, Inc. (NYSE:CF) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,590 shares of the basic materials company’s stock after selling 1,432 shares during the quarter. Mutual of America Capital Management LLC’s holdings in CF Industries were worth $2,034,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Coppell Advisory Solutions Corp. acquired a new stake in shares of CF Industries during the fourth quarter worth $26,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of CF Industries during the fourth quarter worth $29,000. ORG Partners LLC lifted its holdings in shares of CF Industries by 428.6% during the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 300 shares during the period. Clear Street Markets LLC lifted its holdings in shares of CF Industries by 92.5% during the first quarter. Clear Street Markets LLC now owns 385 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 185 shares during the period. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of CF Industries during the fourth quarter worth $32,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CF has been the subject of several recent research reports. Bank of America reaffirmed a “neutral” rating and set a $88.00 price target (down from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Wolfe Research assumed coverage on CF Industries in a research report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price objective for the company. Berenberg Bank increased their price objective on CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a research report on Wednesday. Piper Sandler cut CF Industries from a “neutral” rating to an “underweight” rating and cut their price objective for the stock from $87.00 to $82.00 in a research report on Thursday, February 29th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 price objective on shares of CF Industries in a research report on Friday, February 16th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $86.47.

Insiders Place Their Bets

In other CF Industries news, EVP Bert A. Frost sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the sale, the executive vice president now directly owns 64,030 shares of the company’s stock, valued at approximately $5,442,550. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.42% of the stock is owned by corporate insiders.

CF Industries Trading Down 0.2 %

CF Industries stock opened at $79.47 on Friday. The stock has a market cap of $14.92 billion, a PE ratio of 10.14, a P/E/G ratio of 2.26 and a beta of 1.03. The stock has a 50-day moving average price of $81.43 and a 200 day moving average price of $79.72. CF Industries Holdings, Inc. has a 52 week low of $60.08 and a 52 week high of $87.90. The company has a current ratio of 3.81, a quick ratio of 3.44 and a debt-to-equity ratio of 0.35.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.12). The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.51 billion. CF Industries had a return on equity of 18.44% and a net margin of 23.00%. The company’s revenue for the quarter was down 39.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.35 EPS. Equities research analysts predict that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio is presently 25.51%.

About CF Industries

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.