Intech Investment Management LLC Has $3.07 Million Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Intech Investment Management LLC lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 930.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,998 shares of the basic materials company’s stock after purchasing an additional 32,505 shares during the period. Intech Investment Management LLC’s holdings in CF Industries were worth $3,071,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Central Pacific Bank Trust Division purchased a new position in shares of CF Industries during the fourth quarter valued at $74,000. National Pension Service grew its holdings in shares of CF Industries by 2,848.4% during the fourth quarter. National Pension Service now owns 290,384 shares of the basic materials company’s stock valued at $24,776,000 after buying an additional 280,535 shares in the last quarter. Kingsview Wealth Management LLC purchased a new position in shares of CF Industries during the third quarter valued at $3,149,000. SBI Securities Co. Ltd. purchased a new position in shares of CF Industries during the fourth quarter valued at $51,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock valued at $494,202,000 after buying an additional 225,109 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Performance

CF opened at $77.43 on Thursday. The company has a market cap of $13.13 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The stock has a 50-day moving average of $84.87 and a 200-day moving average of $85.21. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. As a group, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.58%. CF Industries’s dividend payout ratio is presently 29.54%.

Wall Street Analyst Weigh In

CF has been the topic of a number of research analyst reports. UBS Group lowered their price target on CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Piper Sandler boosted 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. Oppenheimer lowered their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Royal Bank of Canada lowered their target price on CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Finally, The Goldman Sachs Group started coverage on CF Industries in a research note on Thursday, March 13th. They issued a “neutral” rating and a $86.00 target price on the stock. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, CF Industries has a consensus rating of “Hold” and an average price target of $89.86.

Insider Buying and Selling

In related news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the transaction, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at $8,878,656. This represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,889 shares of company stock valued at $1,130,955. Insiders own 0.42% of the company’s stock.

CF Industries 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.