Brown Lisle Cummings Inc. Sells 250 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Brown Lisle Cummings Inc. lessened its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 5.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,016 shares of the basic materials company’s stock after selling 250 shares during the period. Brown Lisle Cummings Inc.’s holdings in CF Industries were worth $343,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CF. Victory Capital Management Inc. boosted its stake in CF Industries by 15.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after purchasing an additional 549,569 shares during the period. International Assets Investment Management LLC boosted its stake in CF Industries by 7,617.5% during the 3rd quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock valued at $375,440,000 after purchasing an additional 431,910 shares during the period. Barclays PLC boosted its stake in CF Industries by 68.9% during the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock valued at $63,263,000 after purchasing an additional 300,873 shares during the period. FMR LLC boosted its stake in CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after purchasing an additional 300,050 shares during the period. Finally, Yaupon Capital Management LP bought a new stake in CF Industries during the 3rd quarter valued at approximately $17,437,000. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on CF. Piper Sandler increased their target price on CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, January 27th. Royal Bank of Canada downgraded CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a research report on Tuesday, January 21st. Redburn Atlantic initiated coverage on CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. UBS Group raised their price objective on CF Industries from $91.00 to $92.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Three equities research 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. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $92.43.

CF Industries Trading Up 1.8 %

Shares of CF 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 current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The stock has a 50 day simple moving average of $89.62 and a 200-day simple moving average of $84.79. The stock has a market cap of $16.38 billion, a PE ratio of 14.89, a PEG ratio of 0.74 and a beta of 0.97.

CF Industries Dividend Announcement

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

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 3,500 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total transaction of $325,010.00. Following the completion of the sale, the executive vice president now directly owns 62,768 shares of the company’s stock, valued at $5,828,636.48. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the sale, the vice president now directly owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This represents a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,389 shares of company stock valued at $2,355,425 in the last three months. Corporate insiders own 0.48% of the company’s stock.

CF Industries Company 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.