KBC Group NV Has $11.89 Million Position in CF Industries Holdings, Inc. (CF)

KBC Group NV lessened its position in CF Industries Holdings, Inc. (NYSE:CF) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 279,478 shares of the basic materials company’s stock after selling 1,838 shares during the period. KBC Group NV owned approximately 0.12% of CF Industries worth $11,889,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Schwab Charles Investment Management Inc. increased its stake in CF Industries by 7.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,310,274 shares of the basic materials company’s stock valued at $55,740,000 after buying an additional 86,586 shares during the period. Legal & General Group Plc increased its stake in CF Industries by 3.5% during the 3rd quarter. Legal & General Group Plc now owns 1,228,974 shares of the basic materials company’s stock valued at $43,202,000 after buying an additional 41,138 shares during the period. Manning & Napier Advisors LLC increased its stake in CF Industries by 190.0% during the 3rd quarter. Manning & Napier Advisors LLC now owns 1,116,525 shares of the basic materials company’s stock valued at $39,256,000 after buying an additional 731,525 shares during the period. Advisors Asset Management Inc. increased its stake in CF Industries by 18.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 958,401 shares of the basic materials company’s stock valued at $33,697,000 after buying an additional 147,663 shares during the period. Finally, Parametric Portfolio Associates LLC increased its stake in CF Industries by 2.0% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 944,519 shares of the basic materials company’s stock valued at $33,209,000 after buying an additional 18,275 shares during the period.

In other CF Industries news, Director Stephen A. Furbacher sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $36.00, for a total value of $126,000.00. Following the completion of the transaction, the director now directly owns 50,854 shares in the company, valued at $1,830,744. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Bert A. Frost sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $36.50, for a total transaction of $273,750.00. Following the completion of the transaction, the vice president now owns 67,232 shares of the company’s stock, valued at $2,453,968. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

Several equities analysts have commented on CF shares. Royal Bank of Canada raised their target price on shares of CF Industries from $23.00 to $27.00 and gave the company an “underperform” rating in a research note on Tuesday, October 17th. Zacks Investment Research raised shares of CF Industries from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Wednesday, October 25th. BMO Capital Markets raised their target price on shares of CF Industries from $38.00 to $43.00 and gave the company a “market perform” rating in a research note on Friday, November 3rd. Cowen raised their target price on shares of CF Industries from $27.00 to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, November 8th. Finally, Atlantic Securities cut shares of CF Industries from a “neutral” rating to an “underweight” rating in a research note on Tuesday, November 14th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, ten have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $35.74.

CF Industries Holdings, Inc. (NYSE CF) opened at $39.00 on Wednesday. CF Industries Holdings, Inc. has a 12-month low of $25.04 and a 12-month high of $43.98. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.80.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, February 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.08%. CF Industries’s dividend payout ratio (DPR) is -65.57%.

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About CF Industries

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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