Quantbot Technologies LP Acquires Shares of 6,662 CF Industries Holdings, Inc. (NYSE:CF)

Quantbot Technologies LP acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,662 shares of the basic materials company’s stock, valued at approximately $568,000.

A number of other institutional investors have also made changes to their positions in the business. Heck Capital Advisors LLC bought a new position in CF Industries in the 4th quarter valued at about $34,000. Brooklyn Investment Group bought a new position in shares of CF Industries during the third quarter worth approximately $39,000. Creative Financial Designs Inc. ADV increased its stake in shares of CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 161 shares during the period. Asset Planning Inc acquired a new stake in CF Industries during the 4th quarter worth approximately $44,000. Finally, Arlington Trust Co LLC boosted its stake in CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 460 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at $1,507,745. This trade represents a 35.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were 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. This trade represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,889 shares of company stock worth $1,130,955. 0.48% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of research reports. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $82.00 to $75.00 in a research report on Friday, January 24th. Piper Sandler increased their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. Scotiabank dropped their price target on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating for the company in a research report on Monday, February 24th. The Goldman Sachs Group started coverage on CF Industries in a research report on Thursday, March 13th. They set a “neutral” rating and a $86.00 price target on the stock. Finally, Royal Bank of Canada dropped 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. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $89.86.

CF Industries Stock Up 1.7 %

Shares of NYSE CF opened at $77.97 on Friday. The stock has a 50-day moving average price of $82.88 and a two-hundred day moving average price of $85.04. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. 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 market cap of $13.22 billion, a price-to-earnings ratio of 11.52, a PEG 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, beating analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. As a group, analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.57%. CF Industries’s payout ratio is presently 29.54%.

CF Industries 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.