Guggenheim Capital LLC Sells 5,237 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Guggenheim Capital LLC decreased its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 29.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,348 shares of the basic materials company's stock after selling 5,237 shares during the period. Guggenheim Capital LLC's holdings in CF Industries were worth $1,054,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CF. Barclays PLC increased its holdings in shares of CF Industries by 68.9% in the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock worth $63,263,000 after buying an additional 300,873 shares during the period. Pine Valley Investments Ltd Liability Co increased its holdings in shares of CF Industries by 8.7% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 28,364 shares of the basic materials company's stock worth $2,434,000 after buying an additional 2,270 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of CF Industries in the third quarter worth about $993,000. Tidal Investments LLC increased its holdings in shares of CF Industries by 94.7% in the third quarter. Tidal Investments LLC now owns 40,616 shares of the basic materials company's stock worth $3,485,000 after buying an additional 19,760 shares during the period. Finally, Franklin Resources Inc. increased its holdings in shares of CF Industries by 13.4% in the third quarter. Franklin Resources Inc. now owns 245,742 shares of the basic materials company's stock worth $21,380,000 after buying an additional 29,101 shares during the period. Hedge funds and other institutional investors own 93.06% of the company's stock.

Analysts Set New Price Targets

CF has been the topic of several analyst reports. Barclays decreased their price objective on CF Industries from $95.00 to $87.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 22nd. The Goldman Sachs Group initiated coverage on CF Industries in a research note on Thursday, March 13th. They issued a "neutral" rating and a $86.00 target price on the stock. JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and cut their target price for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. Oppenheimer cut CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. Finally, Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price on the stock in a research note on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, CF Industries has an average rating of "Hold" and a consensus target price of $89.29.

CF Industries Stock Up 1.5 %

Shares of CF traded up $1.18 during trading hours on Monday, hitting $79.65. The company had a trading volume of 1,749,789 shares, compared to its average volume of 2,101,217. The firm has a fifty day moving average price of $76.06 and a 200-day moving average price of $83.48. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The stock has a market capitalization of $13.50 billion, a price-to-earnings ratio of 11.77, a P/E/G ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. The firm had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.51%. CF Industries's payout ratio is 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.