15,300 CF Industries Holdings, Inc. $CF Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al trimmed its stake in CF Industries Holdings, Inc. (NYSE:CF) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 396,802 shares of the basic materials company’s stock after selling 15,300 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.26% of CF Industries worth $45,712,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of CF. Himension Capital Singapore PTE. LTD. purchased a new position in CF Industries in the first quarter valued at approximately $25,000. Virtus Advisers LLC purchased a new stake in CF Industries in the second quarter worth $25,000. Continuum Advisory LLC purchased a new stake in CF Industries in the second quarter worth $28,000. Keating Financial Advisory Services Inc. purchased a new stake in CF Industries in the second quarter worth $29,000. Finally, Retirement Wealth Solutions LLC bought a new stake in shares of CF Industries in the third quarter valued at $35,000. 93.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on CF shares. KeyCorp began coverage on CF Industries in a research report on Thursday, September 10th. They set an “underweight” rating and a $115.00 price target on the stock. set a $115.00 price objective on CF Industries and gave the company a “sector perform” rating in a research note on Monday, October 5th. Royal Bank Of Canada lowered their price objective on CF Industries from $125.00 to $115.00 and set a “sector perform” rating on the stock in a research note on Friday, July 17th. Rothschild & Co Redburn raised shares of CF Industries from a “sell” rating to a “neutral” rating and upped their price objective for the company from $98.00 to $110.00 in a report on Monday, September 28th. Finally, UBS Group increased their target price on shares of CF Industries from $123.00 to $134.00 and gave the stock a “neutral” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $121.94.

CF Industries Trading Up 4.4%

NYSE:CF opened at $123.27 on Friday. The company has a market cap of $18.66 billion, a P/E ratio of 9.14, a P/E/G ratio of 0.23 and a beta of 0.53. The stock’s fifty day moving average price is $123.47 and its two-hundred day moving average price is $115.96. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%. CF Industries’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.37 earnings per share. As a group, analysts expect that CF Industries Holdings, Inc. will post 13.68 EPS for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be paid a $0.60 dividend. The ex-dividend date is Monday, November 16th. This represents a $2.40 annualized dividend and a yield of 1.9%. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

CF Industries Profile

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.