Diametric Capital LP Invests $465,000 in CF Industries Holdings, Inc. (NYSE:CF)

Diametric Capital LP bought a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 5,450 shares of the basic materials company's stock, valued at approximately $465,000.

Other institutional investors also recently bought and sold shares of the company. Central Pacific Bank Trust Division bought a new stake in CF Industries in the fourth quarter valued at approximately $74,000. Korea Investment CORP raised its holdings in CF Industries by 88.5% during the 4th quarter. Korea Investment CORP now owns 150,374 shares of the basic materials company's stock valued at $12,830,000 after buying an additional 70,585 shares during the last quarter. National Pension Service boosted its position in CF Industries by 2,848.4% during the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company's stock valued at $24,776,000 after buying an additional 280,535 shares during the period. SBI Securities Co. Ltd. bought a new stake in CF Industries in the 4th quarter worth $51,000. Finally, Charles Schwab Investment Management Inc. increased its position in shares of CF Industries by 4.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock valued at $494,202,000 after acquiring an additional 225,109 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Stock Down 8.7 %

CF stock traded down $6.95 on Friday, reaching $72.91. 4,001,482 shares of the company traded hands, compared to its average volume of 2,083,132. The firm has a fifty day simple moving average of $80.94 and a 200-day simple moving average of $85.05. The company has a market cap of $12.36 billion, a P/E ratio of 10.77, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

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CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share 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 firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. Research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.74%. CF Industries's payout ratio is currently 29.54%.

Analyst Ratings Changes

Several research firms recently issued reports on CF. Oppenheimer cut their target price on CF Industries from $114.00 to $111.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 28th. Barclays reduced their target price on CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 5th. Bank of America raised 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. UBS Group reduced their price objective on shares of CF Industries from $92.00 to $90.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Finally, Scotiabank dropped their target price 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. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, CF Industries presently has a consensus rating of "Hold" and an average price target of $89.86.

Insider Buying and Selling

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the business's stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the completion of the sale, the executive vice president now directly owns 93,986 shares in the company, valued at approximately $8,928,670. The trade was a 1.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the 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 transaction, the vice president now directly owns 15,871 shares in the company, valued at $1,507,745. The trade was 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 worth $1,130,955 in the last three months. Insiders own 0.42% of the company's stock.

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.