Aigen Investment Management LP Sells 10,268 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Aigen Investment Management LP cut its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 63.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,919 shares of the basic materials company's stock after selling 10,268 shares during the period. Aigen Investment Management LP's holdings in CF Industries were worth $505,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in shares of CF Industries by 16.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,326 shares of the basic materials company's stock worth $285,000 after acquiring an additional 467 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new position in CF Industries in the third quarter valued at $1,153,000. QRG Capital Management Inc. increased its stake in CF Industries by 8.5% in the 3rd quarter. QRG Capital Management Inc. now owns 10,884 shares of the basic materials company's stock valued at $934,000 after buying an additional 855 shares during the last quarter. Fiera Capital Corp bought a new stake in CF Industries during the 3rd quarter worth about $494,000. Finally, Verdence Capital Advisors LLC acquired a new position in shares of CF Industries during the 3rd quarter worth about $260,000. Institutional investors own 93.06% of the company's stock.

CF Industries Stock Performance

Shares of NYSE:CF traded up $0.67 during trading on Friday, reaching $77.28. 3,518,276 shares of the stock were exchanged, compared to its average volume of 2,705,972. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The stock has a 50-day moving average price of $86.43 and a 200-day moving average price of $85.45. 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 firm has a market cap of $13.10 billion, a PE ratio of 11.42, a PEG ratio of 0.37 and a beta of 0.99.

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CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. Research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Friday, February 14th. CF Industries's dividend payout ratio is 29.54%.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 1,500 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 $142,500.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value 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 represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,889 shares of company stock worth $1,130,955 in the last quarter. 0.42% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on CF shares. Oppenheimer reduced their price target on CF Industries from $114.00 to $111.00 and set an "outperform" rating for the company in a research report on Tuesday, January 28th. Barclays lowered their target price on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a report on Wednesday. Bank of America upgraded shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price target for the company in a research note on Monday, February 24th. JPMorgan Chase & Co. lowered shares of CF Industries from a "neutral" rating to an "underweight" rating and lowered their price objective for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. Finally, Royal Bank of Canada cut their target price on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $90.15.

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.