8,215 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by Sapient Capital LLC

Sapient Capital LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,215 shares of the basic materials company’s stock, valued at approximately $653,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nordea Investment Management AB lifted its holdings in shares of CF Industries by 9.5% during the third quarter. Nordea Investment Management AB now owns 18,942 shares of the basic materials company’s stock worth $1,635,000 after purchasing an additional 1,636 shares during the period. Teachers Retirement System of The State of Kentucky raised its position in CF Industries by 926.1% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 183,711 shares of the basic materials company’s stock valued at $15,751,000 after acquiring an additional 165,808 shares in the last quarter. Comerica Bank raised its position in CF Industries by 133.8% during the third quarter. Comerica Bank now owns 54,551 shares of the basic materials company’s stock valued at $4,677,000 after acquiring an additional 31,215 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. purchased a new position in CF Industries during the fourth quarter valued at approximately $1,627,000. Finally, Raymond James & Associates raised its position in CF Industries by 25.4% during the fourth quarter. Raymond James & Associates now owns 133,439 shares of the basic materials company’s stock valued at $10,608,000 after acquiring an additional 27,027 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Bert A. Frost sold 6,000 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the transaction, the executive vice president now owns 64,030 shares of the company’s stock, valued at approximately $5,442,550. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.42% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. UBS Group cut CF Industries from a “buy” rating to a “neutral” rating and reduced their price target for the company from $95.00 to $83.00 in a research report on Wednesday, January 31st. Wells Fargo & Company reduced their price target on CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a research report on Friday, February 16th. Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price objective for the company in a research report on Friday, January 12th. Wolfe Research initiated coverage on CF Industries in a research report on Friday, March 1st. They issued an “outperform” rating and a $99.00 price objective for the company. Finally, Berenberg Bank boosted their price objective on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $85.14.

CF Industries Price Performance

Shares of CF traded up $0.22 during trading hours on Friday, hitting $74.09. 2,360,740 shares of the stock were exchanged, compared to its average volume of 2,382,881. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.44 and a current ratio of 3.94. CF Industries Holdings, Inc. has a 12-month low of $60.08 and a 12-month high of $87.90. The company has a market cap of $13.91 billion, a price-to-earnings ratio of 12.31, a price-to-earnings-growth ratio of 2.11 and a beta of 1.02. The stock’s 50-day moving average price is $81.46 and its two-hundred day moving average price is $79.32.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The business’s quarterly revenue was down 26.9% on a year-over-year basis. During the same period last year, the firm posted $2.85 EPS. Research analysts expect that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio (DPR) is currently 33.22%.

CF Industries 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.