William Blair Investment Management LLC Has $200.86 Million Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

William Blair Investment Management LLC trimmed its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,354,192 shares of the basic materials company's stock after selling 39,497 shares during the period. William Blair Investment Management LLC owned about 1.35% of CF Industries worth $200,860,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC boosted its position in shares of 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 during the period. Charles Schwab Investment Management Inc. boosted its position in 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. grew its stake in 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 valued at $382,901,000 after acquiring an additional 299,173 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of CF Industries by 10.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company's stock valued at $111,582,000 after purchasing an additional 120,193 shares during the period. Finally, AustralianSuper Pty Ltd boosted its holdings in shares of CF Industries by 8.6% during the fourth quarter. AustralianSuper Pty Ltd now owns 1,187,445 shares of the basic materials company's stock worth $101,313,000 after purchasing an additional 93,560 shares during the period. Institutional investors and hedge funds own 93.06% of the company's stock.

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CF Industries Stock Performance

CF Industries stock traded down $0.04 on Friday, hitting $76.88. The company's stock had a trading volume of 7,513,372 shares, compared to its average volume of 2,025,233. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. 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 firm has a market cap of $13.03 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The company has a fifty day moving average price of $84.67 and a 200-day moving average price of $85.15.

CF Industries (NYSE:CF - Get Free Report) last posted its 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. 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 for the quarter, compared to analyst estimates of $1.50 billion. On average, equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

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

Insider Activity

In other news, VP Ashraf K. Malik sold 8,889 shares of the business's stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now owns 15,871 shares of the company's stock, valued at $1,507,745. The trade was a 35.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction dated 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 sale, the executive vice president now owns 93,986 shares of the company's stock, valued at $8,928,670. This trade represents a 1.57 % decrease in their ownership of the stock. 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 three months. 0.42% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CF. The Goldman Sachs Group initiated coverage on shares of CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 target price for the company. Scotiabank reduced their price objective on CF Industries from $88.00 to $81.00 and set a "sector underperform" rating for the company in a research report on Monday, February 24th. Piper Sandler upped their target price on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, January 27th. Oppenheimer dropped their price objective on CF Industries from $114.00 to $111.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. Finally, Royal Bank of Canada reduced their target price on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $89.86.

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.