Brandywine Global Investment Management LLC Buys 18,712 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Brandywine Global Investment Management LLC increased its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 322,633 shares of the basic materials company's stock after buying an additional 18,712 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.19% of CF Industries worth $27,527,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its stake in CF Industries by 4.0% in 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 during the period. Victory Capital Management Inc. increased its holdings in shares of CF Industries by 7.1% during the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock worth $382,901,000 after acquiring an additional 299,173 shares during the last quarter. Boston Partners raised its stake in CF Industries by 7.0% in the 4th quarter. Boston Partners now owns 3,316,616 shares of the basic materials company's stock valued at $283,044,000 after acquiring an additional 216,395 shares during the period. Norges Bank acquired a new stake in CF Industries during the 4th quarter valued at $131,350,000. Finally, Sei Investments Co. boosted its position in CF Industries by 4.9% during the fourth quarter. Sei Investments Co. now owns 1,460,993 shares of the basic materials company's stock worth $124,652,000 after purchasing an additional 68,164 shares during the period. 93.06% of the stock is owned by institutional investors.

Insider Transactions at CF Industries

In other news, VP Ashraf K. Malik sold 8,889 shares of CF Industries 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 sale, the vice president now directly owns 15,871 shares of the company's stock, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 sale, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is currently owned by insiders.

CF Industries Price Performance

CF stock traded down $6.95 during mid-day trading on Friday, hitting $72.91. The stock had a trading volume of 4,001,482 shares, compared to its average volume of 2,085,810. The firm has a fifty day simple moving average of $80.94 and a 200 day simple moving average of $85.03. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $12.36 billion, a P/E ratio of 10.77, a P/E/G ratio of 0.37 and a beta of 0.99.

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

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.74%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's payout ratio is 29.54%.

Analyst Ratings Changes

CF has been the topic of several research analyst reports. Royal Bank of Canada dropped their price objective on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. UBS Group cut their price objective on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. Bank of America upgraded CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective for the company in a report on Monday, February 24th. Barclays dropped their price target on CF Industries from $100.00 to $95.00 and set an "equal weight" rating for the company in a report on Wednesday, March 5th. Finally, Piper Sandler boosted their price target on CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, January 27th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $89.86.

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.