CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 7.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,487,821 shares of the basic materials company's stock after acquiring an additional 299,173 shares during the period. Victory Capital Management Inc. owned 2.58% of CF Industries worth $382,901,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Barclays PLC lifted its holdings in CF Industries by 68.9% in the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock valued at $63,263,000 after purchasing an additional 300,873 shares in the last quarter. FMR LLC lifted its holdings in shares of CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company's stock worth $711,003,000 after acquiring an additional 300,050 shares during the period. National Pension Service lifted its holdings in shares of CF Industries by 2,848.4% during the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company's stock worth $24,776,000 after acquiring an additional 280,535 shares during the period. Charles Schwab Investment Management Inc. lifted 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. Finally, Yaupon Capital Management LP purchased a new position in shares of CF Industries during the 3rd quarter worth about $17,437,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the firm's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the firm's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the completion of the sale, the executive vice president now owns 92,486 shares in the company, valued at $8,878,656. The trade was a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock valued at $1,130,955 over the last 90 days. 0.42% of the stock is owned by company insiders.

CF Industries Stock Up 1.4 %

Shares of CF stock traded up $1.04 during mid-day trading on Wednesday, reaching $76.32. 3,355,098 shares of the company were exchanged, compared to its average volume of 2,678,838. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two 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. The company has a market capitalization of $12.94 billion, a P/E ratio of 11.27, a P/E/G ratio of 0.37 and a beta of 0.98. The business's 50 day simple moving average is $86.93 and its 200 day simple moving average is $85.56.

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 analysts' consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion during 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%. Research analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend payout ratio is presently 29.54%.

Analyst Upgrades and Downgrades

CF has been the topic of several recent analyst reports. Barclays cut their price objective 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. Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective on the stock in a report on Monday, February 24th. Piper Sandler increased their price objective on shares of CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, January 27th. Oppenheimer cut their price target on shares of CF Industries from $114.00 to $111.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. Finally, Scotiabank cut their price target on shares of CF Industries from $88.00 to $81.00 and set a "sector underperform" rating on the stock in a report on Monday, February 24th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, CF Industries currently has a consensus rating of "Hold" and an average target price of $90.15.

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.