Intech Investment Management LLC Purchases 32,505 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Intech Investment Management LLC raised its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 930.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,998 shares of the basic materials company's stock after buying an additional 32,505 shares during the quarter. Intech Investment Management LLC's holdings in CF Industries were worth $3,071,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in CF. FMR LLC raised its stake in CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company's stock worth $711,003,000 after buying an additional 300,050 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of CF Industries by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock worth $494,202,000 after acquiring an additional 225,109 shares during the period. Victory Capital Management Inc. raised its position in shares of CF Industries by 7.1% in 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 in the last quarter. AustralianSuper Pty Ltd lifted its stake in shares of CF Industries by 8.6% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company's stock valued at $101,313,000 after purchasing an additional 93,560 shares during the period. Finally, Allianz Asset Management GmbH boosted its position in shares of CF Industries by 30.5% during the fourth quarter. Allianz Asset Management GmbH now owns 827,407 shares of the basic materials company's stock valued at $70,594,000 after purchasing an additional 193,487 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CF. Oppenheimer decreased their price target on shares of CF Industries from $114.00 to $111.00 and set an "outperform" rating for the company in a research note on Tuesday, January 28th. Barclays lowered their price objective on CF Industries from $100.00 to $95.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 5th. JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and cut their target price for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. The Goldman Sachs Group assumed coverage on CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price target for the company. Finally, Royal Bank of Canada cut 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. Two research 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's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $89.86.

Insider Transactions at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the company's stock in a transaction that occurred on Monday, January 13th. The stock was 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 $8,928,670. This represents a 1.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The shares were 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 approximately $1,507,745. The trade was a 35.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,889 shares of company stock valued at $1,130,955 over the last quarter. 0.42% of the stock is currently owned by company insiders.

CF Industries Stock Performance

NYSE:CF traded up $0.11 on Monday, hitting $76.89. The stock had a trading volume of 1,894,227 shares, compared to its average volume of 2,019,627. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The stock has a market cap of $13.04 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The business's 50-day simple moving average is $84.43 and its two-hundred day simple moving average is $85.19. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25.

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

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend payout ratio (DPR) is currently 29.54%.

About CF Industries

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.