Norinchukin Bank The Lowers Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Norinchukin Bank The reduced its stake in CF Industries Holdings, Inc. (NYSE:CF) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,136 shares of the basic materials company’s stock after selling 399 shares during the period. Norinchukin Bank The’s holdings in CF Industries were worth $524,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Mizuho Bank Ltd. bought a new position in CF Industries in the fourth quarter worth approximately $26,000. Heck Capital Advisors LLC purchased a new stake in shares of CF Industries in the 4th quarter worth $34,000. Creative Financial Designs Inc. ADV grew its position in shares of CF Industries by 50.8% during the 4th 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 in the last quarter. Asset Planning Inc purchased a new position in shares of CF Industries during the fourth quarter valued at $44,000. Finally, Brooklyn Investment Group raised its holdings in shares of CF Industries by 26.9% in the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 122 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

Shares of NYSE CF opened at $75.60 on Wednesday. The business has a 50-day simple moving average of $76.48 and a two-hundred day simple moving average of $83.78. The company has a market cap of $12.82 billion, a PE ratio of 11.17, a P/E/G ratio of 0.37 and a beta of 0.84. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $98.25.

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

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.65%. CF Industries’s payout ratio is 29.54%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CF. Oppenheimer cut shares of CF Industries from an “outperform” rating to a “market perform” rating in a report on Tuesday. Scotiabank raised shares of CF Industries from a “sector underperform” rating to a “sector perform” rating and set a $81.00 price objective on the stock in a report on Wednesday, April 9th. UBS Group lowered their target price on CF Industries from $90.00 to $79.00 and set a “neutral” rating for the company in a report on Wednesday, April 16th. JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and cut their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Finally, Royal Bank of Canada reduced their price target on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $89.29.

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.