Trexquant Investment LP Buys New Stake in CF Industries Holdings, Inc. (NYSE:CF)

Trexquant Investment LP bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 135,612 shares of the basic materials company's stock, valued at approximately $11,570,000. Trexquant Investment LP owned about 0.08% of CF Industries at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in CF. Heck Capital Advisors LLC acquired a new stake in CF Industries in the 4th quarter worth approximately $34,000. Creative Financial Designs Inc. ADV raised its holdings in shares of CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after buying an additional 161 shares during the last quarter. Asset Planning Inc acquired a new stake in shares of CF Industries during the fourth quarter worth $44,000. Arlington Trust Co LLC increased its position in shares of CF Industries by 422.0% in the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after acquiring an additional 460 shares during the period. Finally, Brooklyn Investment Group raised its stake in CF Industries by 26.9% in the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after acquiring an additional 122 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 shares of the company's stock in a transaction that occurred on Monday, January 13th. The stock was 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 approximately $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $142,500.00. Following the completion of the transaction, the executive vice president now owns 93,986 shares of the company's stock, valued at $8,928,670. The trade was a 1.57 % 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. 0.42% of the stock is owned by corporate insiders.

Remove Ads

Analyst Upgrades and Downgrades

CF has been the topic of a number of recent research reports. Barclays dropped their target price on CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a research report on Wednesday, March 5th. Piper Sandler increased their price target on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, January 27th. Oppenheimer lowered 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. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a report on Monday, February 24th. Finally, The Goldman Sachs Group initiated coverage on CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price objective on the stock. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $89.86.

CF Industries Price Performance

NYSE CF traded down $6.95 during mid-day trading on Friday, hitting $72.91. The stock had a trading volume of 4,001,482 shares, compared to its average volume of 2,083,132. The firm's 50 day moving average is $80.94 and its 200 day moving average is $85.05. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The stock has a market capitalization of $12.36 billion, a price-to-earnings ratio of 10.77, a PEG ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data 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 company had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Equities research analysts forecast 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 paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's dividend payout ratio (DPR) is currently 29.54%.

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.