CF Industries Holdings, Inc. $CF Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lowered its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 10.5% in the fourth quarter, HoldingsChannel reports. The firm owned 67,175 shares of the basic materials company’s stock after selling 7,908 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in CF Industries were worth $5,179,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CF. Eastern Bank acquired a new position in shares of CF Industries in the third quarter valued at approximately $35,000. Peterson Wealth Services grew its holdings in CF Industries by 451.3% during the 3rd quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 361 shares in the last quarter. Root Financial Partners LLC acquired a new position in CF Industries during the 3rd quarter worth approximately $41,000. Stance Capital LLC acquired a new position in CF Industries during the 3rd quarter worth approximately $42,000. Finally, Eagle Bay Advisors LLC acquired a new position in CF Industries during the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Transactions at CF Industries

In related news, EVP Susan L. Menzel sold 18,041 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $136.06, for a total value of $2,454,658.46. Following the completion of the sale, the executive vice president owned 55,762 shares in the company, valued at $7,586,977.72. This represents a 24.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Bert A. Frost sold 6,000 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $126.00, for a total transaction of $756,000.00. Following the completion of the sale, the executive vice president owned 69,472 shares of the company’s stock, valued at approximately $8,753,472. This trade represents a 7.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 82,408 shares of company stock worth $9,971,298 over the last 90 days. Company insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

CF has been the subject of several analyst reports. Zacks Research upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, April 24th. Rothschild & Co Redburn set a $72.00 price objective on shares of CF Industries in a research report on Wednesday, February 4th. Weiss Ratings upgraded shares of CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. Bank of America boosted their price objective on shares of CF Industries from $103.00 to $106.00 in a research report on Thursday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CF Industries from $80.00 to $94.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $118.47.

CF Industries Stock Up 1.8%

Shares of NYSE:CF opened at $125.24 on Friday. The company has a market capitalization of $19.24 billion, a PE ratio of 11.25 and a beta of 0.42. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The firm has a 50 day simple moving average of $123.96 and a 200-day simple moving average of $98.99.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, topping the consensus estimate of $2.63 by $1.35. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.84 billion. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The company’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.85 EPS. On average, equities analysts predict that CF Industries Holdings, Inc. will post 14.82 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a $0.50 dividend. The ex-dividend date is Friday, May 15th. This represents a $2.00 annualized dividend and a yield of 1.6%. CF Industries’s dividend payout ratio is 17.97%.

CF Industries Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.