CF Industries Holdings, Inc. (NYSE:CF) Shares Acquired by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC raised its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 6.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 322,633 shares of the basic materials company’s stock after purchasing an additional 18,712 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in CF Industries were worth $27,527,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. grew its position in shares of CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock worth $494,202,000 after buying an additional 225,109 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of 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. Boston Partners lifted its stake in CF Industries by 7.0% during the fourth quarter. Boston Partners now owns 3,316,616 shares of the basic materials company’s stock worth $283,044,000 after purchasing an additional 216,395 shares during the last quarter. Norges Bank acquired a new position in CF Industries in the fourth quarter worth $131,350,000. Finally, Sei Investments Co. increased its stake in CF Industries by 4.9% during the fourth quarter. Sei Investments Co. now owns 1,460,993 shares of the basic materials company’s stock valued at $124,652,000 after purchasing an additional 68,164 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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 transaction of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. The trade was a 1.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the company’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 transaction of $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. 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 three months. Insiders own 0.42% of the company’s stock.

CF Industries Stock Performance

NYSE:CF opened at $77.35 on Monday. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average of $82.49 and a 200-day moving average of $85.14. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25. The firm has a market cap of $13.11 billion, a price-to-earnings ratio of 11.43, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last issued its 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 firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CF. The Goldman Sachs Group initiated coverage on shares of CF Industries in a report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price target for the company. Royal Bank of Canada decreased their price objective on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Scotiabank cut their target price on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research note on Monday, February 24th. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $82.00 to $75.00 in a report on Friday, January 24th. Finally, Barclays reduced their price objective on shares of CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $89.86.

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.