Thornburg Investment Management Inc. Cuts Stake in CF Industries Holdings, Inc. (CF)

Thornburg Investment Management Inc. lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,723,389 shares of the company’s stock after selling 76,586 shares during the period. Thornburg Investment Management Inc. owned about 1.60% of CF Industries Holdings worth $117,212,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of CF. Toronto Dominion Bank increased its position in CF Industries Holdings by 431.5% in the third quarter. Toronto Dominion Bank now owns 6,808 shares of the company’s stock valued at $166,000 after buying an additional 5,527 shares during the last quarter. Tradewinds Capital Management LLC increased its position in CF Industries Holdings by 150.0% in the third quarter. Tradewinds Capital Management LLC now owns 7,250 shares of the company’s stock valued at $177,000 after buying an additional 4,350 shares during the last quarter. Virtus Investment Advisers Inc. acquired a new position in CF Industries Holdings during the third quarter valued at $226,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in CF Industries Holdings during the second quarter valued at $227,000. Finally, Amalgamated Bank increased its stake in shares of CF Industries Holdings by 17.1% in the second quarter. Amalgamated Bank now owns 10,931 shares of the company’s stock valued at $243,000 after buying an additional 1,593 shares in the last quarter. 99.75% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for CF Industries Holdings (NYSE:CF)

Shares of CF Industries Holdings, Inc. (NYSE:CF) traded up 2.43% during mid-day trading on Monday, hitting $36.71. 6,424,960 shares of the stock were exchanged. The stock’s 50 day moving average is $34.11 and its 200 day moving average is $27.44. CF Industries Holdings, Inc. has a 12 month low of $20.77 and a 12 month high of $37.72. The firm has a market cap of $8.56 billion, a P/E ratio of 122.37 and a beta of 1.29.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 28th. Shareholders of record on Friday, February 17th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, February 15th. This represents a $1.20 annualized dividend and a yield of 3.27%. CF Industries Holdings’s dividend payout ratio (DPR) is 413.79%.

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A number of brokerages have weighed in on CF. Vetr upgraded shares of CF Industries Holdings from a “hold” rating to a “buy” rating and set a $37.84 target price for the company in a research report on Monday, January 30th. BMO Capital Markets restated a “buy” rating on shares of CF Industries Holdings in a research report on Tuesday, January 3rd. Cowen and Company raised shares of CF Industries Holdings from an “underperform” rating to a “market perform” rating and set a $31.00 target price on the stock in a research note on Tuesday, January 24th. Zacks Investment Research downgraded shares of CF Industries Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, January 26th. Finally, RBC Capital Markets reissued a “sell” rating and set a $23.00 price target on shares of CF Industries Holdings in a research note on Thursday, January 12th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the stock. CF Industries Holdings presently has a consensus rating of “Hold” and an average target price of $30.94.

About CF Industries Holdings

CF Industries Holdings, Inc is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products (NPKs).

5 Day Chart for NYSE:CF

Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF).

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