CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd cut its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 31.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 808,775 shares of the basic materials company's stock after selling 378,670 shares during the quarter. AustralianSuper Pty Ltd owned 0.48% of CF Industries worth $63,206,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC raised its stake in CF Industries by 29.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 4,144 shares of the basic materials company's stock valued at $324,000 after buying an additional 945 shares during the last quarter. Impact Partnership Wealth LLC purchased a new stake in CF Industries during the 1st quarter valued at $825,000. Buckhead Capital Management LLC raised its stake in CF Industries by 9.6% during the 1st quarter. Buckhead Capital Management LLC now owns 39,294 shares of the basic materials company's stock valued at $3,071,000 after buying an additional 3,452 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in CF Industries by 5.3% during the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 7,834 shares of the basic materials company's stock valued at $613,000 after buying an additional 397 shares during the last quarter. Finally, Forum Financial Management LP raised its stake in CF Industries by 16.3% during the 1st quarter. Forum Financial Management LP now owns 4,377 shares of the basic materials company's stock valued at $342,000 after buying an additional 615 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Susan L. Menzel sold 10,000 shares of the stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $100.23, for a total transaction of $1,002,300.00. Following the transaction, the executive vice president directly owned 87,923 shares in the company, valued at approximately $8,812,522.29. This trade represents a 10.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.42% of the company's stock.

CF Industries Trading Up 0.9%

CF Industries stock traded up $0.81 during midday trading on Friday, reaching $92.60. The stock had a trading volume of 2,297,544 shares, compared to its average volume of 2,265,571. The company has a quick ratio of 2.22, a current ratio of 2.59 and a debt-to-equity ratio of 0.41. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45. The firm has a market cap of $15.70 billion, a price-to-earnings ratio of 12.20 and a beta of 0.96. The company has a fifty day moving average of $93.04 and a 200 day moving average of $85.50.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.38. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.53 billion. CF Industries had a net margin of 21.80% and a return on equity of 17.39%. The firm's revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 EPS. On average, analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries declared that its board has initiated a stock buyback program on Wednesday, May 7th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the basic materials company to repurchase up to 14.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its shares are undervalued.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.16%. CF Industries's dividend payout ratio is presently 26.35%.

Wall Street Analyst Weigh In

Several research firms have recently commented on CF. Barclays upped their price objective on CF Industries from $91.00 to $95.00 and gave the stock an "equal weight" rating in a research note on Monday, July 7th. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. Royal Bank Of Canada set a $100.00 price objective on CF Industries and gave the stock a "sector perform" rating in a research note on Monday, July 14th. Scotiabank upgraded CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective for the company in a research note on Wednesday, April 9th. Finally, Morgan Stanley set a $95.00 target price on shares of CF Industries and gave the stock an "equal weight" rating in a report on Thursday, June 26th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, CF Industries currently has an average rating of "Hold" and a consensus target price of $93.00.

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.