Boston Partners Increases Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Boston Partners grew its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 7.0% in the 4th quarter, HoldingsChannel reports. The firm owned 3,316,616 shares of the basic materials company’s stock after acquiring an additional 216,395 shares during the quarter. Boston Partners’ holdings in CF Industries were worth $283,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in CF. Skandinaviska Enskilda Banken AB publ increased its position in shares of CF Industries by 459.4% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company’s stock valued at $36,583,000 after purchasing an additional 357,531 shares during the last quarter. Barclays PLC increased 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 worth $63,263,000 after acquiring an additional 300,873 shares during the last quarter. FMR LLC increased its holdings in CF Industries by 3.8% in 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 last quarter. Victory Capital Management Inc. increased its holdings in 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 during the last quarter. Finally, National Pension Service increased its holdings in CF Industries by 2,848.4% in 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 last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Performance

Shares of CF opened at $76.37 on Wednesday. The company has a market cap of $12.95 billion, a PE ratio of 11.28, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. 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 stock has a 50-day moving average price of $85.06 and a 200-day moving average price of $85.26. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. As a group, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 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, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.62%. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CF shares. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating and set a $84.00 price objective for the company in a report on Monday, February 24th. 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. The Goldman Sachs Group started coverage on CF Industries in a report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price objective for the company. Scotiabank cut their target price on CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research note on Monday, February 24th. Finally, Piper Sandler raised their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $89.86.

Insider Activity

In related news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was 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 position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the business’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 $844,455.00. Following the completion of the sale, 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is currently owned by insiders.

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.