DekaBank Deutsche Girozentrale Sells 3,018 Shares of CF Industries Holdings, Inc. (NYSE:CF)

DekaBank Deutsche Girozentrale decreased its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 3.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 95,339 shares of the basic materials company's stock after selling 3,018 shares during the quarter. DekaBank Deutsche Girozentrale owned approximately 0.06% of CF Industries worth $7,329,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of CF Industries by 2.1% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company's stock valued at $495,000 after acquiring an additional 120 shares in the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of CF Industries by 4.4% in the 4th quarter. Coldstream Capital Management Inc. now owns 3,009 shares of the basic materials company's stock valued at $257,000 after acquiring an additional 126 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of CF Industries by 2.0% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company's stock valued at $562,000 after acquiring an additional 142 shares in the last quarter. Principal Street Partners LLC raised its holdings in shares of CF Industries by 2.0% in the 4th quarter. Principal Street Partners LLC now owns 7,906 shares of the basic materials company's stock valued at $675,000 after acquiring an additional 154 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of CF Industries by 50.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after acquiring an additional 161 shares in the last quarter. Institutional investors own 93.06% of the company's stock.

Analysts Set New Price Targets

Several analysts have weighed in on CF shares. UBS Group raised their price target on CF Industries from $79.00 to $82.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Morgan Stanley set a $95.00 price target on CF Industries and gave the company an "equal weight" rating in a report on Thursday, June 26th. Wolfe Research cut CF Industries from an "outperform" rating to a "peer perform" rating in a report on Thursday, June 12th. Oppenheimer cut CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. Finally, Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective on the stock in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $92.07.

Insider Buying and Selling at CF Industries

In other news, EVP Susan L. Menzel sold 10,000 shares of CF Industries stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $100.23, for a total value of $1,002,300.00. Following the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.71% of the company's stock.

CF Industries Trading Up 2.5%

CF traded up $2.44 on Friday, hitting $98.20. 2,912,024 shares of the company were exchanged, compared to its average volume of 2,250,379. The firm has a fifty day simple moving average of $91.78 and a two-hundred day simple moving average of $85.18. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.22 and a current ratio of 2.59. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The stock has a market capitalization of $16.65 billion, a PE ratio of 12.94 and a beta of 0.96.

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

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.00 annualized dividend and a yield of 2.04%. CF Industries's payout ratio is 26.35%.

CF Industries announced that its Board of Directors has authorized a share buyback program on Wednesday, May 7th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the basic materials company to repurchase up to 14.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

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.