Intech Investment Management LLC Has $6.85 Million Stock Position in CF Industries Holdings, Inc. $CF

Key Points

• Intech Investment Management LLC has significantly increased its stake in CF Industries Holdings, owning approximately $6.85 million worth of shares after a 143.5% increase during the 1st quarter.
• CF Industries reported a 20.2% year-over-year increase in quarterly revenue, totaling $1.89 billion, and earned $2.37 EPS, slightly beating analysts' expectations.
• The company declared a quarterly dividend of $0.50 per share, yielding 2.3% annually, with a payout ratio of 26.11%.

Intech Investment Management LLC grew its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 143.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,642 shares of the basic materials company's stock after acquiring an additional 51,644 shares during the period. Intech Investment Management LLC owned about 0.05% of CF Industries worth $6,849,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CF. Captrust Financial Advisors raised its holdings in shares of CF Industries by 39.4% in the 4th quarter. Captrust Financial Advisors now owns 13,442 shares of the basic materials company's stock worth $1,147,000 after purchasing an additional 3,801 shares in the last quarter. Cetera Investment Advisers grew its holdings in CF Industries by 1.4% during the 4th quarter. Cetera Investment Advisers now owns 30,333 shares of the basic materials company's stock worth $2,588,000 after acquiring an additional 425 shares during the last quarter. Focus Partners Wealth bought a new stake in CF Industries during the 4th quarter worth about $249,000. Graham Capital Management L.P. acquired a new position in CF Industries during the 4th quarter valued at about $235,000. Finally, Janus Henderson Group PLC lifted its position in CF Industries by 2.3% during the 4th quarter. Janus Henderson Group PLC now owns 17,657 shares of the basic materials company's stock valued at $1,507,000 after purchasing an additional 399 shares during the period. 93.06% of the stock is currently owned by institutional investors.

CF Industries Price Performance

Shares of CF traded down $0.32 on Wednesday, reaching $84.64. The stock had a trading volume of 317,673 shares, compared to its average volume of 2,703,713. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average of $88.81 and a 200 day moving average of $85.45. The firm has a market capitalization of $13.71 billion, a PE ratio of 11.07 and a beta of 0.95. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.35 by $0.02. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the company posted $2.30 earnings per share. The firm's revenue was up 20.2% compared to the same quarter last year. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were issued a $0.50 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.4%. CF Industries's dividend payout ratio is presently 26.11%.

Insider Activity

In related news, EVP Susan L. Menzel sold 10,000 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $100.23, for a total transaction of $1,002,300.00. Following the completion of the sale, the executive vice president directly owned 87,923 shares in the company, valued at approximately $8,812,522.29. This trade represents a 10.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.71% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have commented on CF shares. Zacks Research downgraded shares of CF Industries from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 3rd. Scotiabank reiterated a "sector perform" rating and issued a $82.00 target price (up previously from $81.00) on shares of CF Industries in a research report on Monday, August 11th. UBS Group cut their price target on CF Industries from $103.00 to $101.00 and set a "neutral" rating on the stock in a report on Thursday, August 7th. Wolfe Research lowered CF Industries from an "outperform" rating to a "peer perform" rating in a research report on Thursday, June 12th. Finally, Wells Fargo & Company cut their target price on CF Industries from $108.00 to $101.00 and set an "overweight" rating for the company in a research note on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $95.00.

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.