ING Groep NV Has $1.90 Million Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

ING Groep NV trimmed its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 76.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,226 shares of the basic materials company’s stock after selling 73,402 shares during the quarter. ING Groep NV’s holdings in CF Industries were worth $1,896,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CF. FMR LLC boosted its holdings in shares of CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after buying an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of CF Industries by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock worth $477,668,000 after acquiring an additional 22,392 shares during the period. Victory Capital Management Inc. grew its position in shares of CF Industries by 15.1% in the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after purchasing an additional 549,569 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of CF Industries by 10.2% in the third quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock valued at $111,582,000 after purchasing an additional 120,193 shares during the last quarter. Finally, AustralianSuper Pty Ltd increased its stake in shares of CF Industries by 8.6% during the fourth quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company’s stock worth $101,313,000 after purchasing an additional 93,560 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Down 2.9 %

NYSE CF opened at $77.90 on Monday. The business has a fifty day moving average price of $87.91 and a two-hundred day moving average price of $85.67. The stock has a market capitalization of $13.56 billion, a PE ratio of 11.51, a PEG ratio of 0.37 and a beta of 0.98. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. Equities analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.57%. The ex-dividend date of this dividend is Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Insider Buying and Selling

In other news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the sale, the executive vice president now directly owns 92,486 shares in the company, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,389 shares of company stock worth $1,455,965 in the last three months. 0.42% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CF has been the topic of a number of research reports. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $82.00 to $75.00 in a report on Friday, January 24th. UBS Group decreased their price target on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday. Oppenheimer dropped their price objective on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. Piper Sandler increased their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Finally, Royal Bank of Canada cut shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price on the stock. in a report on Tuesday, January 21st. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $92.29.

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.