Franklin Resources Inc. Has $32.62 Million Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Franklin Resources Inc. lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 55.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 382,334 shares of the basic materials company's stock after buying an additional 136,592 shares during the quarter. Franklin Resources Inc. owned about 0.22% of CF Industries worth $32,619,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of CF. Heck Capital Advisors LLC bought a new position in CF Industries during the fourth quarter worth about $34,000. Creative Financial Designs Inc. ADV grew its holdings in CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after purchasing an additional 161 shares during the period. Asset Planning Inc bought a new stake in CF Industries in the fourth quarter valued at approximately $44,000. Arlington Trust Co LLC raised its holdings in CF Industries by 422.0% in the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock worth $49,000 after purchasing an additional 460 shares during the period. Finally, Brooklyn Investment Group boosted its position in shares of CF Industries by 26.9% during the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after purchasing an additional 122 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on CF. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective on the stock in a research note on Monday, February 24th. Piper Sandler lifted their price objective on CF Industries from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, January 27th. Barclays dropped their target price on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 5th. Royal Bank of Canada reduced their price target on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Finally, UBS Group dropped their price objective on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $89.86.

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CF Industries Stock Performance

Shares of NYSE CF traded down $0.18 during trading hours on Thursday, reaching $70.32. 887,489 shares of the stock were exchanged, compared to its average volume of 2,737,970. The stock's fifty day simple moving average is $78.81 and its 200 day simple moving average is $84.60. The firm has a market capitalization of $11.92 billion, a price-to-earnings ratio of 10.40, a P/E/G ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 52 week low of $67.34 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 - Get Free Report) last announced its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. Sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.84%. CF Industries's dividend payout ratio (DPR) is presently 29.54%.

Insider Buying and Selling at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of the business's stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $142,500.00. Following the completion of the transaction, the executive vice president now directly owns 93,986 shares in the company, valued at approximately $8,928,670. The trade was a 1.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction that occurred on 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 owns 15,871 shares in the company, valued at $1,507,745. This represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock valued at $1,130,955 in the last three months. Corporate 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.