CF Industries Holdings, Inc. (NYSE:CF) Position Lowered by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 44.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 26,841 shares of the basic materials company's stock after selling 21,650 shares during the quarter. Yousif Capital Management LLC's holdings in CF Industries were worth $2,134,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Nordea Investment Management AB grew its holdings in CF Industries by 9.5% during the 3rd quarter. Nordea Investment Management AB now owns 18,942 shares of the basic materials company's stock valued at $1,635,000 after buying an additional 1,636 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in CF Industries by 926.1% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 183,711 shares of the basic materials company's stock valued at $15,751,000 after buying an additional 165,808 shares in the last quarter. Comerica Bank grew its holdings in CF Industries by 133.8% during the 3rd quarter. Comerica Bank now owns 54,551 shares of the basic materials company's stock valued at $4,677,000 after buying an additional 31,215 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. purchased a new position in CF Industries during the 4th quarter valued at about $1,627,000. Finally, Raymond James & Associates boosted its position in shares of CF Industries by 25.4% during the 4th quarter. Raymond James & Associates now owns 133,439 shares of the basic materials company's stock valued at $10,608,000 after acquiring an additional 27,027 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

Analyst Upgrades and Downgrades

CF has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their price target on CF Industries from $98.00 to $97.00 and set an "overweight" rating for the company in a research report on Friday, February 16th. Barclays upgraded CF Industries from an "underweight" rating to an "equal weight" rating and set a $85.00 target price for the company in a research report on Friday, January 12th. Wolfe Research started coverage on CF Industries in a research report on Friday, March 1st. They issued an "outperform" rating and a $99.00 target price for the company. Royal Bank of Canada restated an "outperform" rating and issued a $95.00 target price on shares of CF Industries in a research report on Friday, February 16th. Finally, Piper Sandler downgraded CF Industries from a "neutral" rating to an "underweight" rating and dropped their target price for the stock from $87.00 to $82.00 in a research report on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, CF Industries has an average rating of "Hold" and an average price target of $86.47.

Insider Activity

In related news, EVP Bert A. Frost sold 6,000 shares of the firm's stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 64,030 shares of the company's stock, valued at approximately $5,442,550. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.42% of the company's stock.

CF Industries Price Performance

Shares of NYSE:CF traded down $1.00 during trading on Wednesday, hitting $77.97. 1,885,868 shares of the company's stock were exchanged, compared to its average volume of 2,427,215. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44. CF Industries Holdings, Inc. has a 52-week low of $60.08 and a 52-week high of $87.90. The business's 50-day simple moving average is $81.70 and its 200 day simple moving average is $79.49. The company has a market cap of $14.64 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 2.30 and a beta of 1.03.

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 (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.12). The business had revenue of $1.57 billion for the quarter, compared to analysts' expectations of $1.51 billion. CF Industries had a return on equity of 18.44% and a net margin of 23.00%. The business's revenue for the quarter was down 39.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.35 EPS. As a group, equities analysts predict that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Tuesday, May 14th. CF Industries's payout ratio is 25.51%.

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.