CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Entropy Technologies LP

Entropy Technologies LP lowered its stake in CF Industries Holdings, Inc. (NYSE:CF) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,596 shares of the basic materials company’s stock after selling 1,515 shares during the quarter. Entropy Technologies LP’s holdings in CF Industries were worth $2,525,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CF. Czech National Bank boosted its holdings in CF Industries by 5.5% in the third quarter. Czech National Bank now owns 36,751 shares of the basic materials company’s stock valued at $3,153,000 after purchasing an additional 1,920 shares during the period. Ritholtz Wealth Management raised its position in CF Industries by 8.8% in the 3rd quarter. Ritholtz Wealth Management now owns 16,313 shares of the basic materials company’s stock valued at $1,400,000 after purchasing an additional 1,318 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of CF Industries in the 3rd quarter valued at about $109,000. Crestmont Private Wealth LLC acquired a new position in shares of CF Industries during the third quarter worth about $208,000. Finally, Gilman Hill Asset Management LLC purchased a new stake in shares of CF Industries during the third quarter worth approximately $204,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

CF has been the topic of several recent analyst reports. Piper Sandler increased their target price on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Scotiabank reiterated a “sector underperform” rating and issued a $88.00 price objective on shares of CF Industries in a report on Friday, January 24th. Redburn Atlantic started coverage on CF Industries in a research note on Friday, October 18th. They set a “neutral” rating and a $77.00 target price for the company. JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Finally, Oppenheimer dropped their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $92.43.

CF Industries Price Performance

Shares of CF stock opened at $83.96 on Monday. The firm has a fifty day moving average of $89.44 and a two-hundred day moving average of $85.10. The firm has a market cap of $14.61 billion, a P/E ratio of 13.28, a P/E/G ratio of 0.39 and a beta of 0.98. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.38%. CF Industries’s payout ratio is currently 31.65%.

Insider Activity

In other news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total value of $635,460.00. Following the sale, the vice president now owns 22,211 shares in the company, valued at $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 25,389 shares of company stock valued at $2,355,425. Company insiders own 0.42% of the company’s stock.

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.