CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC trimmed its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 485,619 shares of the basic materials company's stock after selling 4,622 shares during the quarter. Voya Investment Management LLC owned 0.28% of CF Industries worth $41,433,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mizuho Bank Ltd. purchased a new stake in CF Industries during the 4th quarter valued at about $26,000. Heck Capital Advisors LLC purchased a new stake in shares of CF Industries in the fourth quarter worth about $34,000. Creative Financial Designs Inc. ADV boosted its stake in shares of CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after buying an additional 161 shares during the last quarter. Asset Planning Inc purchased a new stake in shares of CF Industries in the fourth quarter worth about $44,000. Finally, Arlington Trust Co LLC boosted its stake in shares of CF Industries by 422.0% in the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock worth $49,000 after buying an additional 460 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CF. Morgan Stanley lowered their target price 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. Royal Bank of Canada lowered their target price on CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Scotiabank upgraded 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. Piper Sandler increased their price target on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, January 27th. Finally, JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and cut their price objective for the company from $82.00 to $75.00 in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $89.29.

CF Industries Price Performance

Shares of CF Industries stock traded down $1.37 on Wednesday, hitting $78.42. 1,715,227 shares of the company were exchanged, compared to its average volume of 2,104,016. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average price of $76.05 and a 200 day moving average price of $83.45. The stock has a market capitalization of $13.30 billion, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. The company had revenue of $1.52 billion for 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%. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.55%. CF Industries's payout ratio is presently 29.54%.

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.