Intech Investment Management LLC Has $13.81 Million Holdings in CF Industries Holdings, Inc. $CF

Intech Investment Management LLC cut its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 178,595 shares of the basic materials company’s stock after selling 6,968 shares during the quarter. Intech Investment Management LLC’s holdings in CF Industries were worth $13,813,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Lakewood Asset Management LLC increased its position in shares of CF Industries by 0.9% during the fourth quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock worth $957,000 after buying an additional 111 shares during the period. Farther Finance Advisors LLC increased its position in shares of CF Industries by 5.2% during the fourth quarter. Farther Finance Advisors LLC now owns 2,365 shares of the basic materials company’s stock worth $183,000 after buying an additional 116 shares during the period. Kingsview Wealth Management LLC increased its position in shares of CF Industries by 4.9% during the third quarter. Kingsview Wealth Management LLC now owns 2,898 shares of the basic materials company’s stock worth $260,000 after buying an additional 135 shares during the period. Albert D Mason Inc. increased its position in shares of CF Industries by 5.3% during the fourth quarter. Albert D Mason Inc. now owns 2,720 shares of the basic materials company’s stock worth $210,000 after buying an additional 137 shares during the period. Finally, Brown Brothers Harriman & Co. increased its position in shares of CF Industries by 1.7% during the third quarter. Brown Brothers Harriman & Co. now owns 8,408 shares of the basic materials company’s stock worth $754,000 after buying an additional 142 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CF. Wells Fargo & Company increased their price objective on shares of CF Industries from $100.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Barclays increased their price objective on shares of CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Rothschild & Co Redburn set a $72.00 price objective on shares of CF Industries in a research report on Wednesday, February 4th. Zacks Research upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their price objective on shares of CF Industries from $80.00 to $94.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and an average price target of $117.69.

Insiders Place Their Bets

In other news, VP Richard A. Hoker sold 3,499 shares of CF Industries stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $125.38, for a total transaction of $438,704.62. Following the completion of the transaction, the vice president directly owned 31,036 shares in the company, valued at $3,891,293.68. This trade represents a 10.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Susan L. Menzel sold 18,041 shares of CF Industries stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $136.06, for a total transaction of $2,454,658.46. Following the transaction, the executive vice president owned 55,762 shares of the company’s stock, valued at $7,586,977.72. This represents a 24.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 79,193 shares of company stock valued at $9,659,443. 0.51% of the stock is currently owned by corporate insiders.

CF Industries Trading Down 3.6%

NYSE:CF opened at $112.29 on Friday. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $17.25 billion, a price-to-earnings ratio of 10.09 and a beta of 0.42. The firm has a fifty day simple moving average of $123.97 and a two-hundred day simple moving average of $101.55. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $1.35. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.84 billion. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period last year, the company posted $1.85 earnings per share. Analysts expect that CF Industries Holdings, Inc. will post 13.95 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Friday, May 15th. CF Industries’s dividend payout ratio (DPR) is presently 17.97%.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.