MML Investors Services LLC Has $540,000 Stake in CF Industries Holdings, Inc. (NYSE:CF)

MML Investors Services LLC cut its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 27.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,291 shares of the basic materials company’s stock after selling 2,329 shares during the quarter. MML Investors Services LLC’s holdings in CF Industries were worth $540,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Orion Portfolio Solutions LLC raised its holdings in CF Industries by 5.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 10,914 shares of the basic materials company’s stock valued at $936,000 after acquiring an additional 558 shares during the period. Yaupon Capital Management LP acquired a new position in shares of CF Industries in the third quarter valued at approximately $17,437,000. iSAM Funds UK Ltd bought a new position in shares of CF Industries during the third quarter worth approximately $973,000. National Bank of Canada FI lifted its holdings in CF Industries by 49.0% during the 3rd quarter. National Bank of Canada FI now owns 124,384 shares of the basic materials company’s stock worth $10,672,000 after purchasing an additional 40,896 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in CF Industries in the 3rd quarter valued at $396,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 1.4 %

Shares of NYSE CF opened at $84.98 on Monday. The company has a market cap of $14.79 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 2.37 and a beta of 0.98. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $94.46. The stock has a 50-day moving average price of $86.47 and a two-hundred day moving average price of $80.92.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the prior year, the company earned $0.85 EPS. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. As a group, analysts forecast that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.35%. The ex-dividend date was Friday, November 15th. CF Industries’s dividend payout ratio (DPR) is 31.65%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Piper Sandler lifted their target price on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a report on Friday, November 8th. UBS Group boosted their price objective on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Oppenheimer started coverage on shares of CF Industries in a report on Thursday, December 12th. They set an “outperform” rating and a $114.00 target price on the stock. Mizuho increased their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Finally, Barclays raised their price objective on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $90.38.

Insider Buying and Selling

In related news, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the transaction, the vice president now directly owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This trade represents a 23.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the company’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares in the company, valued at $5,964,120. This trade represents a 2.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,701 shares of company stock worth $2,052,704 in the last 90 days. Insiders own 0.42% 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.