Public Employees Retirement System of Ohio Has $5.68 Million Stake in CF Industries Holdings, Inc. (NYSE:CF)

Public Employees Retirement System of Ohio cut its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 7.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,204 shares of the basic materials company’s stock after selling 5,177 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in CF Industries were worth $5,680,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in CF. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries in the third quarter valued at $28,000. Brooklyn Investment Group bought a new stake in shares of CF Industries during the 3rd quarter worth about $39,000. Quent Capital LLC grew its stake in CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after buying an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC raised its holdings in CF Industries by 262.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 478 shares during the period. Finally, UMB Bank n.a. lifted its position in CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after acquiring an additional 191 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Down 0.7 %

NYSE CF opened at $89.48 on Friday. The business has a fifty day moving average price of $86.71 and a two-hundred day moving average price of $80.69. The stock has a market capitalization of $15.57 billion, a PE ratio of 14.16, a PEG ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $94.46. 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 (NYSE:CF) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.50. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. CF Industries’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the firm posted $0.85 earnings per share. Equities analysts expect that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date was Friday, November 15th. CF Industries’s dividend payout ratio is 31.65%.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the transaction, the executive vice president now directly owns 66,268 shares in the company, valued at approximately $5,964,120. This trade represents a 2.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Bert A. Frost sold 3,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now owns 103,155 shares in the company, valued at approximately $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,701 shares of company stock valued at $2,052,704 in the last quarter. Insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a research note on Wednesday, October 16th. UBS Group increased their price objective on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, August 26th. Barclays boosted their target price on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Redburn Atlantic started coverage on shares of CF Industries in a research note on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. Finally, Wells Fargo & Company boosted their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $90.38.

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.