Price T Rowe Associates Inc. MD Sells 1,990,740 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Price T Rowe Associates Inc. MD decreased its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 16.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,486,034 shares of the basic materials company's stock after selling 1,990,740 shares during the period. Price T Rowe Associates Inc. MD owned about 6.03% of CF Industries worth $894,670,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Barclays PLC grew its position in CF Industries by 68.9% in the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock valued at $63,263,000 after acquiring an additional 300,873 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its position in 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 valued at $2,434,000 after acquiring an additional 2,270 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in CF Industries in the third quarter valued at about $993,000. Tidal Investments LLC grew its holdings in shares of CF Industries by 94.7% during the third quarter. Tidal Investments LLC now owns 40,616 shares of the basic materials company's stock worth $3,485,000 after purchasing an additional 19,760 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of CF Industries by 13.4% during the third quarter. Franklin Resources Inc. now owns 245,742 shares of the basic materials company's stock worth $21,380,000 after purchasing an additional 29,101 shares during the last quarter. Institutional investors own 93.06% of the company's stock.

CF Industries Stock Performance

Shares of NYSE CF traded up $0.01 during midday trading on Tuesday, hitting $79.65. The company's stock had a trading volume of 467,169 shares, compared to its average volume of 2,094,845. The stock has a fifty day moving average price of $76.06 and a 200 day moving average price of $83.48. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The firm 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 (NYSE:CF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. The company had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. On average, research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.51%. CF Industries's dividend payout ratio is presently 29.54%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. UBS Group cut their price objective on CF Industries from $90.00 to $79.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. Morgan Stanley cut their price objective on CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Friday, April 11th. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. Barclays dropped their price target on CF Industries from $95.00 to $87.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 22nd. Finally, BNP Paribas raised CF Industries to a "strong-buy" rating in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $89.29.

About CF Industries

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.