Trexquant Investment LP Acquires Shares of 135,612 CF Industries Holdings, Inc. (NYSE:CF)

Trexquant Investment LP bought a new position in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, HoldingsChannel reports. The fund bought 135,612 shares of the basic materials company’s stock, valued at approximately $11,570,000.

A number of other institutional investors have also recently made changes to their positions in CF. Centric Wealth Management boosted its stake in CF Industries by 1.6% during the 4th quarter. Centric Wealth Management now owns 28,481 shares of the basic materials company’s stock valued at $2,430,000 after purchasing an additional 459 shares during the last quarter. Diametric Capital LP bought a new position in shares of CF Industries during the fourth quarter valued at $465,000. National Bank of Canada FI boosted its position in shares of CF Industries by 5.0% during the fourth quarter. National Bank of Canada FI now owns 130,575 shares of the basic materials company’s stock valued at $11,140,000 after buying an additional 6,191 shares during the last quarter. HighPoint Advisor Group LLC increased its holdings in CF Industries by 25.9% in the 4th quarter. HighPoint Advisor Group LLC now owns 7,267 shares of the basic materials company’s stock worth $618,000 after buying an additional 1,495 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in CF Industries by 55.6% in the 4th quarter. Franklin Resources Inc. now owns 382,334 shares of the basic materials company’s stock worth $32,619,000 after buying an additional 136,592 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In other news, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the transaction, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. This trade represents a 1.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated 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 in the company, valued at $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. 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 in the last three months. 0.42% of the stock is currently owned by corporate insiders.

CF Industries Stock Performance

Shares of NYSE CF opened at $79.74 on Thursday. The stock has a market cap of $13.52 billion, a PE ratio of 11.78, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The firm has a fifty day moving average price of $81.55 and a 200-day moving average price of $85.11. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. Equities analysts anticipate 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 disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is currently 29.54%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CF. UBS Group dropped their price target on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. The Goldman Sachs Group began coverage on shares of CF Industries in a report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 target price on the stock. Oppenheimer decreased their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. Piper Sandler lifted their price objective on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Finally, Scotiabank reduced their price objective on 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. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $89.86.

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.