Point72 DIFC Ltd Purchases New Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Point72 DIFC Ltd bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,056 shares of the basic materials company's stock, valued at approximately $863,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. acquired a new stake in CF Industries during the 3rd quarter worth about $2,008,000. Ilex Capital Partners UK LLP increased its position in shares of CF Industries by 32.4% in the third quarter. Ilex Capital Partners UK LLP now owns 574,023 shares of the basic materials company's stock worth $49,251,000 after acquiring an additional 140,383 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of CF Industries by 9.8% during the third quarter. Integrated Wealth Concepts LLC now owns 3,295 shares of the basic materials company's stock valued at $283,000 after acquiring an additional 294 shares during the period. Investment Management Corp of Ontario lifted its position in shares of CF Industries by 15.8% in the 3rd quarter. Investment Management Corp of Ontario now owns 31,988 shares of the basic materials company's stock valued at $2,745,000 after acquiring an additional 4,359 shares in the last quarter. Finally, Concentric Capital Strategies LP boosted its stake in CF Industries by 4.5% in the 3rd quarter. Concentric Capital Strategies LP now owns 24,609 shares of the basic materials company's stock worth $2,111,000 after purchasing an additional 1,065 shares during the period. Institutional investors and hedge funds own 93.06% of the company's stock.

CF Industries Stock Down 1.1 %

Shares of CF Industries stock traded down $0.95 during midday trading on Friday, reaching $88.43. 1,197,757 shares of the company's stock traded hands, compared to its average volume of 2,059,025. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $94.46. The company's 50 day simple moving average is $86.54 and its 200 day simple moving average is $80.24. The company has a market cap of $15.39 billion, a price-to-earnings ratio of 13.99, a price-to-earnings-growth ratio of 2.48 and a beta of 0.98.

CF Industries (NYSE:CF - Get Free Report) last posted its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.50. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The business's revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $0.85 earnings per share. Equities analysts expect that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.26%. CF Industries's payout ratio is currently 31.65%.

Insider Buying and Selling at CF Industries

In other news, VP Ashraf K. Malik sold 7,201 shares of the firm's stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.02, for a total value of $648,234.02. Following the sale, the vice president now directly owns 29,211 shares of the company's stock, valued at approximately $2,629,574.22. This trade represents a 19.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of the business's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares of the company's stock, valued at $9,077,640. This represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,701 shares of company stock worth $2,052,704 over the last 90 days. Insiders own 0.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CF shares. Redburn Atlantic initiated coverage on CF Industries in a report on Friday, October 18th. They issued a "neutral" rating and a $77.00 target price for the company. Wells Fargo & Company lifted their target price on CF Industries from $88.00 to $92.00 and gave the company an "overweight" rating in a research note on Tuesday, September 24th. Royal Bank of Canada upped their target price on CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a report on Monday, November 4th. Barclays raised their price target on shares of CF Industries from $90.00 to $96.00 and gave the stock an "overweight" rating in a report on Friday, October 11th. Finally, BMO Capital Markets increased their target price on shares of CF Industries from $95.00 to $100.00 and gave the stock an "outperform" rating in a research report on Friday, August 9th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, CF Industries currently has a consensus rating of "Hold" and a consensus price target of $88.42.

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.