CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. cut its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 18.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,144 shares of the basic materials company’s stock after selling 4,435 shares during the period. Stock Yards Bank & Trust Co.’s holdings in CF Industries were worth $1,601,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Arkadios Wealth Advisors boosted its holdings in shares of CF Industries by 2.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 5,148 shares of the basic materials company’s stock valued at $441,000 after buying an additional 126 shares during the period. Donoghue Forlines LLC lifted its position in CF Industries by 1.9% in the 3rd quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock valued at $586,000 after purchasing an additional 130 shares during the last quarter. Raymond James Trust N.A. lifted its position in CF Industries by 5.3% in the 4th quarter. Raymond James Trust N.A. now owns 3,507 shares of the basic materials company’s stock valued at $279,000 after purchasing an additional 176 shares during the last quarter. Perigon Wealth Management LLC lifted its position in CF Industries by 2.9% in the 3rd quarter. Perigon Wealth Management LLC now owns 6,559 shares of the basic materials company’s stock valued at $562,000 after purchasing an additional 182 shares during the last quarter. Finally, Greenleaf Trust lifted its position in CF Industries by 5.7% in the 3rd quarter. Greenleaf Trust now owns 3,680 shares of the basic materials company’s stock valued at $316,000 after purchasing an additional 197 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $85.00, for a total transaction of $510,000.00. Following the transaction, the executive vice president now directly owns 64,030 shares of the company’s stock, valued at $5,442,550. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.48% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Wolfe Research began coverage on shares of CF Industries in a research report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price objective on the stock. Barclays upgraded shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target on the stock in a research report on Friday, January 12th. Piper Sandler downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $87.00 to $82.00 in a research report on Thursday, February 29th. Berenberg Bank boosted their price target on shares of CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a research report on Wednesday, April 17th. Finally, Wells Fargo & Company dropped their price target on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a research report on Friday, February 16th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $86.47.

CF Industries Stock Performance

CF Industries stock opened at $78.79 on Tuesday. The firm’s 50 day simple moving average is $81.43 and its 200-day simple moving average is $79.69. The company has a market cap of $14.79 billion, a P/E ratio of 10.05, a price-to-earnings-growth ratio of 2.26 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.81 and a quick ratio of 3.44. CF Industries Holdings, Inc. has a fifty-two week low of $60.08 and a fifty-two week high of $87.90.

CF Industries (NYSE:CF) last released its earnings results on Thursday, February 15th. The basic materials company reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.56 by ($0.12). The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.51 billion. CF Industries had a return on equity of 18.44% and a net margin of 23.00%. The business’s revenue was down 39.8% on a year-over-year basis. During the same period last year, the business earned $4.35 earnings per share. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 5.86 EPS for the current year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio (DPR) is currently 25.51%.

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.