CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lowered its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 35.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,699 shares of the basic materials company’s stock after selling 1,500 shares during the quarter. Banque Cantonale Vaudoise’s holdings in CF Industries were worth $122,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in shares of CF Industries by 4.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 22,346,722 shares of the basic materials company’s stock valued at $865,042,000 after acquiring an additional 981,058 shares during the last quarter. BlackRock Inc. grew its holdings in shares of CF Industries by 0.7% during the 1st quarter. BlackRock Inc. now owns 20,295,297 shares of the basic materials company’s stock worth $921,002,000 after purchasing an additional 145,839 shares during the period. UBS Asset Management Americas Inc. grew its holdings in shares of CF Industries by 7.6% during the 4th quarter. UBS Asset Management Americas Inc. now owns 4,933,055 shares of the basic materials company’s stock worth $190,959,000 after purchasing an additional 347,718 shares during the period. Principal Financial Group Inc. grew its holdings in shares of CF Industries by 523.7% during the 4th quarter. Principal Financial Group Inc. now owns 2,991,595 shares of the basic materials company’s stock worth $115,805,000 after purchasing an additional 2,511,928 shares during the period. Finally, Morgan Stanley grew its holdings in shares of CF Industries by 16.7% during the 4th quarter. Morgan Stanley now owns 1,108,403 shares of the basic materials company’s stock worth $42,907,000 after purchasing an additional 158,685 shares during the period. 90.39% of the stock is owned by institutional investors.

In other CF Industries news, CEO W Anthony Will sold 40,000 shares of the stock in a transaction on Friday, May 7th. The stock was sold at an average price of $54.22, for a total value of $2,168,800.00. Following the sale, the chief executive officer now directly owns 523,219 shares of the company’s stock, valued at $28,368,934.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Bert A. Frost sold 32,450 shares of the stock in a transaction on Friday, May 7th. The stock was sold at an average price of $53.15, for a total value of $1,724,717.50. Following the completion of the sale, the vice president now directly owns 98,296 shares in the company, valued at $5,224,432.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 129,125 shares of company stock worth $6,966,459. Corporate insiders own 2.00% of the company’s stock.

CF stock opened at $53.74 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.25 and a current ratio of 1.67. The firm has a market cap of $11.53 billion, a price-to-earnings ratio of 28.89, a P/E/G ratio of 2.84 and a beta of 1.29. CF Industries Holdings, Inc. has a 12-month low of $25.30 and a 12-month high of $57.19. The firm’s 50 day moving average price is $50.72.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, May 5th. The basic materials company reported $0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.13. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.10 billion. CF Industries had a return on equity of 7.17% and a net margin of 9.52%. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post 3.26 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, May 28th. Investors of record on Monday, May 17th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.23%. The ex-dividend date was Friday, May 14th. CF Industries’s dividend payout ratio is currently 81.63%.

CF has been the subject of a number of research reports. Royal Bank of Canada boosted their target price on CF Industries from $50.00 to $52.00 and gave the stock a “sector perform” rating in a report on Friday, May 7th. BMO Capital Markets boosted their target price on CF Industries from $54.00 to $60.00 and gave the stock an “outperform” rating in a report on Friday, May 7th. Credit Suisse Group boosted their target price on CF Industries from $50.00 to $53.00 and gave the stock an “outperform” rating in a report on Thursday, February 25th. HSBC upped their price target on CF Industries from $48.50 to $57.00 and gave the stock a “hold” rating in a report on Monday, May 24th. Finally, Scotiabank upgraded CF Industries from a “sector perform” rating to a “sector outperform” rating in a report on Thursday, May 6th. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $49.58.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for clean energy, fertilizer, emissions abatement, and other industrial applications worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

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Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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