Aigen Investment Management LP Purchases 12,821 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Aigen Investment Management LP increased its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 380.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,187 shares of the basic materials company's stock after buying an additional 12,821 shares during the period. Aigen Investment Management LP's holdings in CF Industries were worth $1,389,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Wolff Wiese Magana LLC acquired a new stake in CF Industries during the 3rd quarter valued at $28,000. Quent Capital LLC lifted its position in CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company's stock valued at $43,000 after purchasing an additional 284 shares during the period. UMB Bank n.a. lifted its holdings in shares of CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company's stock worth $49,000 after acquiring an additional 191 shares during the last quarter. Kimelman & Baird LLC acquired a new stake in CF Industries during the 2nd quarter valued at approximately $50,000. Finally, nVerses Capital LLC boosted its position in shares of CF Industries by 250.0% during the 2nd quarter. nVerses Capital LLC now owns 700 shares of the basic materials company's stock valued at $52,000 after acquiring an additional 500 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on CF shares. UBS Group increased their target price on CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. Royal Bank of Canada raised their price objective on CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a research note on Monday, November 4th. Scotiabank upped their price target on shares of CF Industries from $80.00 to $88.00 and gave the company a "sector perform" rating in a report on Monday, August 12th. BMO Capital Markets lifted their price target on shares of CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. Finally, Redburn Atlantic initiated coverage on shares of CF Industries in a research note on Friday, October 18th. They set a "neutral" rating and a $77.00 target price for the company. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, CF Industries presently has an average rating of "Hold" and a consensus target price of $88.42.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 2,000 shares of the firm's stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the sale, the executive vice president now directly owns 66,268 shares in the company, valued at $5,964,120. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the company's stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.00, for a total transaction of $180,000.00. Following the transaction, the executive vice president now owns 66,268 shares in the company, valued at approximately $5,964,120. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 7,201 shares of CF Industries stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the transaction, the vice president now owns 29,211 shares of the company's stock, valued at $2,629,574.22. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company's stock.

CF Industries Stock Down 1.0 %

Shares of CF stock traded down $0.85 during mid-day trading on Tuesday, hitting $84.23. The company's stock had a trading volume of 2,343,334 shares, compared to its average volume of 2,079,672. The stock has a market cap of $14.66 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 2.28 and a beta of 0.97. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The business has a 50-day moving average price of $83.62 and a 200 day moving average price of $78.68. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $90.86.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the company earned $0.85 earnings per share. The firm's quarterly revenue was up 7.6% compared to the same quarter last year. Research analysts predict that CF Industries Holdings, Inc. will post 6.19 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.50 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.37%. CF Industries's payout ratio is presently 31.65%.

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.