CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Montgomery Investment Management Inc.

Montgomery Investment Management Inc. cut its stake in CF Industries Holdings, Inc. (NYSE:CF) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,440 shares of the basic materials company’s stock after selling 3,000 shares during the period. CF Industries makes up about 1.9% of Montgomery Investment Management Inc.’s holdings, making the stock its 17th largest holding. Montgomery Investment Management Inc.’s holdings in CF Industries were worth $4,730,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Marshall Wace LLP purchased a new position in CF Industries in the second quarter worth approximately $386,000. Creative Planning grew its position in CF Industries by 8.8% in the second quarter. Creative Planning now owns 23,316 shares of the basic materials company’s stock worth $1,728,000 after acquiring an additional 1,894 shares during the period. Sanctuary Advisors LLC purchased a new position in CF Industries in the second quarter worth approximately $1,297,000. Czech National Bank boosted its position in shares of CF Industries by 5.5% during the third quarter. Czech National Bank now owns 36,751 shares of the basic materials company’s stock worth $3,153,000 after buying an additional 1,920 shares during the period. Finally, Handelsbanken Fonder AB boosted its position in shares of CF Industries by 23.3% during the third quarter. Handelsbanken Fonder AB now owns 42,300 shares of the basic materials company’s stock worth $3,629,000 after buying an additional 8,000 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Trading Up 1.8 %

Shares of CF Industries stock opened at $94.14 on Wednesday. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The company has a market capitalization of $16.38 billion, a P/E ratio of 14.89, a P/E/G ratio of 0.74 and a beta of 0.97. The business has a 50 day moving average price of $89.62 and a 200 day moving average price of $84.79. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Friday, February 14th. CF Industries’s dividend payout ratio is presently 31.65%.

Insiders Place Their Bets

In other news, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the sale, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares in the company, valued at $9,077,640. The trade was a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock valued at $2,355,425 in the last quarter. 0.48% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a research report on Wednesday, October 16th. Oppenheimer lowered their price target on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Scotiabank reiterated a “sector underperform” rating and issued a $88.00 price objective on shares of CF Industries in a research note on Friday, January 24th. UBS Group raised their price target on CF Industries from $91.00 to $92.00 and gave the company a “neutral” rating in a research note on Tuesday, January 28th. Finally, Royal Bank of Canada cut CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target on the stock. in a research note on Tuesday, January 21st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus target price of $92.43.

CF Industries Profile

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.