Intech Investment Management LLC Has $13.81 Million Stock Position in CF Industries Holdings, Inc. $CF

Intech Investment Management LLC lessened its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 178,595 shares of the basic materials company’s stock after selling 6,968 shares during the period. Intech Investment Management LLC owned about 0.11% of CF Industries worth $13,813,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CF. Hantz Financial Services Inc. grew its position in shares of CF Industries by 46.3% during the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares in the last quarter. Peterson Wealth Services grew its position in shares of CF Industries by 451.3% during the 3rd quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 361 shares in the last quarter. Stance Capital LLC acquired a new position in shares of CF Industries during the 3rd quarter worth approximately $42,000. Eagle Bay Advisors LLC acquired a new position in shares of CF Industries during the 4th quarter worth approximately $43,000. Finally, WPG Advisers LLC grew its position in shares of CF Industries by 69.8% during the 4th quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 227 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Barclays increased their target price on shares of CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Bank of America increased their target price on shares of CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th. Berenberg Bank increased their target price on shares of CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a research report on Thursday. Finally, Canadian Imperial Bank of Commerce increased their price target on shares of CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $117.69.

Insider Buying and Selling at CF Industries

In other news, SVP Michael Patrick Mcgrane sold 3,666 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $116.50, for a total transaction of $427,089.00. Following the completion of the transaction, the senior vice president owned 19,161 shares of the company’s stock, valued at approximately $2,232,256.50. This trade represents a 16.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Richard A. Hoker sold 6,184 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $109.33, for a total transaction of $676,096.72. Following the transaction, the vice president directly owned 34,535 shares of the company’s stock, valued at $3,775,711.55. The trade was a 15.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 79,193 shares of company stock worth $9,659,443 over the last ninety days. Insiders own 0.51% of the company’s stock.

CF Industries Price Performance

Shares of NYSE:CF opened at $112.29 on Friday. The company has a market cap of $17.25 billion, a price-to-earnings ratio of 10.09 and a beta of 0.42. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The firm has a 50 day simple moving average of $123.97 and a 200 day simple moving average of $101.55. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $3.98 EPS for the quarter, beating the consensus estimate of $2.63 by $1.35. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.84 billion. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The firm’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.85 EPS. Research analysts predict that CF Industries Holdings, Inc. will post 13.95 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.8%. CF Industries’s dividend payout ratio (DPR) is presently 17.97%.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.