Nisa Investment Advisors LLC Sells 16,235 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Nisa Investment Advisors LLC trimmed its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 21.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,551 shares of the basic materials company's stock after selling 16,235 shares during the quarter. Nisa Investment Advisors LLC's holdings in CF Industries were worth $4,576,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Curat Global LLC bought a new stake in shares of CF Industries in the 1st quarter worth approximately $25,000. Mizuho Bank Ltd. bought a new stake in shares of CF Industries in the 4th quarter worth approximately $26,000. Golden State Wealth Management LLC boosted its position in shares of CF Industries by 119.8% in the 1st quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock worth $30,000 after purchasing an additional 206 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of CF Industries in the 4th quarter worth approximately $34,000. Finally, Creative Financial Designs Inc. ADV boosted its position 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 worth $41,000 after purchasing an additional 161 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 10,000 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president owned 87,923 shares of the company's stock, valued at $8,812,522.29. This represents a 10.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.71% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CF has been the subject of a number of recent analyst reports. BNP Paribas upgraded shares of CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Oppenheimer lowered shares of CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. UBS Group boosted their price objective on shares of CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Wells Fargo & Company set a $105.00 price objective on shares of CF Industries and gave the stock an "overweight" rating in a report on Wednesday, June 25th. Finally, Wolfe Research lowered shares of CF Industries from an "outperform" rating to a "peer perform" rating in a report on Thursday, June 12th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, three have issued a buy rating and one has issued a strong 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 $92.07.

CF Industries Stock Performance

Shares of NYSE:CF traded up $2.44 during midday trading on Friday, hitting $98.20. The company had a trading volume of 2,912,024 shares, compared to its average volume of 2,250,379. The company has a market cap of $16.65 billion, a price-to-earnings ratio of 12.94 and a beta of 0.96. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.59 and a quick ratio of 2.22. The company has a fifty day moving average of $91.78 and a two-hundred day moving average of $85.18. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $104.45.

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

CF Industries declared that its board has approved a stock repurchase plan on Wednesday, May 7th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the basic materials company to reacquire up to 14.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

CF Industries Dividend Announcement

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

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.