Sapient Capital LLC Makes New $653,000 Investment in CF Industries Holdings, Inc. (NYSE:CF)

Sapient Capital LLC acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,215 shares of the basic materials company’s stock, valued at approximately $653,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Donoghue Forlines LLC raised its holdings in shares of CF Industries by 1.9% in the third quarter. Donoghue Forlines LLC now owns 6,835 shares of the basic materials company’s stock valued at $586,000 after buying an additional 130 shares during the last quarter. Raymond James Trust N.A. raised its holdings in shares of CF Industries by 5.3% in the fourth quarter. Raymond James Trust N.A. now owns 3,507 shares of the basic materials company’s stock valued at $279,000 after buying an additional 176 shares during the last quarter. Perigon Wealth Management LLC raised its holdings in shares of CF Industries by 2.9% in the third quarter. Perigon Wealth Management LLC now owns 6,559 shares of the basic materials company’s stock valued at $562,000 after buying an additional 182 shares during the last quarter. Greenleaf Trust increased its position in CF Industries by 5.7% in the third quarter. Greenleaf Trust now owns 3,680 shares of the basic materials company’s stock worth $316,000 after purchasing an additional 197 shares during the period. Finally, WP Advisors LLC increased its position in CF Industries by 8.6% in the fourth quarter. WP Advisors LLC now owns 2,675 shares of the basic materials company’s stock worth $213,000 after purchasing an additional 212 shares during the period. 93.06% of the stock is owned by institutional investors.

Insider Transactions at CF Industries

In related news, EVP Bert A. Frost sold 6,000 shares of the business’s stock in a transaction on Tuesday, March 12th. The shares were 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 in the company, valued at $5,442,550. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.42% of the stock is owned by company insiders.

CF Industries Price Performance

NYSE:CF traded up $0.22 during mid-day trading on Friday, reaching $74.09. The stock had a trading volume of 2,360,740 shares, compared to its average volume of 2,382,881. The stock has a 50-day simple moving average of $81.46 and a two-hundred day simple moving average of $79.32. The stock has a market capitalization of $13.91 billion, a PE ratio of 12.31, a P/E/G ratio of 2.11 and a beta of 1.02. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.94 and a quick ratio of 3.44. CF Industries Holdings, Inc. has a 12 month low of $60.08 and a 12 month high of $87.90.

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

CF Industries Announces Dividend

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

Wall Street Analyst Weigh In

CF has been the subject of several analyst reports. Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 target price for the company in a research report on Friday, January 12th. Royal Bank of Canada restated an “outperform” rating and set a $95.00 target price on shares of CF Industries in a report on Friday, February 16th. Berenberg Bank upped their price target on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a report on Wednesday, April 17th. Wells Fargo & Company dropped their price objective on shares of CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a report on Friday, February 16th. Finally, Piper Sandler lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $87.00 to $82.00 in a research note on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $85.14.

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.