Allspring Global Investments Holdings LLC Sells 12,887 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Allspring Global Investments Holdings LLC lessened its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 244,894 shares of the basic materials company's stock after selling 12,887 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.13% of CF Industries worth $19,469,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Morgan Stanley raised its position in shares of CF Industries by 101.0% during the 4th quarter. Morgan Stanley now owns 4,014,385 shares of the basic materials company's stock valued at $342,026,000 after acquiring an additional 2,017,325 shares in the last quarter. First Trust Advisors LP boosted its stake in CF Industries by 221.8% during the first quarter. First Trust Advisors LP now owns 2,825,115 shares of the basic materials company's stock valued at $204,793,000 after buying an additional 1,947,268 shares in the last quarter. Norges Bank bought a new position in CF Industries during the fourth quarter valued at about $159,602,000. Boston Partners bought a new position in CF Industries during the third quarter valued at about $160,475,000. Finally, Bank of New York Mellon Corp boosted its position in shares of CF Industries by 34.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,213,654 shares of the basic materials company's stock valued at $447,019,000 after purchasing an additional 1,329,677 shares during the period. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Trading Down 0.0 %

Shares of CF stock traded down $0.03 on Monday, reaching $78.07. 2,419,628 shares of the stock were exchanged, compared to its average volume of 2,528,195. The stock has a market cap of $14.66 billion, a PE ratio of 9.96, a P/E/G ratio of 2.23 and a beta of 1.03. CF Industries Holdings, Inc. has a one year low of $60.08 and a one year high of $87.90. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44. The stock has a 50 day moving average price of $81.28 and a 200 day moving average price of $79.84.

CF Industries (NYSE:CF - Get Free Report) last released its earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share for the quarter, missing analysts' consensus estimates of $1.56 by ($0.12). The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate 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 was down 39.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.35 EPS. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.85 EPS for the current fiscal year.

CF Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 15th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.56%. This is a boost from CF Industries's previous quarterly dividend of $0.40. The ex-dividend date was Wednesday, February 14th. CF Industries's payout ratio is presently 25.51%.

Wall Street Analyst Weigh In

CF has been the subject of a number of recent analyst reports. UBS Group lowered CF Industries from a "buy" rating to a "neutral" rating and decreased their price target for the company from $95.00 to $83.00 in a research report on Wednesday, January 31st. Bank of America reissued a "neutral" rating and issued a $88.00 price objective (down from $96.00) on shares of CF Industries in a research note on Wednesday, April 10th. Wells Fargo & Company lowered their target price on CF Industries from $98.00 to $97.00 and set an "overweight" rating on the stock in a report on Friday, February 16th. Barclays raised CF Industries from an "underweight" rating to an "equal weight" rating and set a $85.00 price objective on the stock in a report on Friday, January 12th. Finally, Wolfe Research started coverage on CF Industries in a report on Friday, March 1st. They set an "outperform" rating and a $99.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, CF Industries currently has an average rating of "Hold" and an average price target of $89.20.

Insider Buying and Selling at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of the stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total transaction of $510,000.00. Following the completion of the transaction, the executive vice president now directly owns 64,030 shares in the company, valued at $5,442,550. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.48% of the company's stock.

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.