Quantbot Technologies LP Buys 53,384 Shares of CF Industries Holdings, Inc. $CF

Quantbot Technologies LP boosted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 458.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 65,032 shares of the basic materials company’s stock after purchasing an additional 53,384 shares during the quarter. Quantbot Technologies LP’s holdings in CF Industries were worth $5,833,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of CF Industries in the second quarter valued at approximately $129,574,000. Worldquant Millennium Advisors LLC acquired a new stake in CF Industries during the 2nd quarter valued at $96,560,000. Arrowstreet Capital Limited Partnership raised its position in CF Industries by 926.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,118,446 shares of the basic materials company’s stock valued at $102,897,000 after purchasing an additional 1,009,455 shares during the last quarter. LSV Asset Management boosted its stake in CF Industries by 106.3% in the third quarter. LSV Asset Management now owns 1,053,802 shares of the basic materials company’s stock worth $94,526,000 after purchasing an additional 543,070 shares in the last quarter. Finally, Amundi boosted its stake in CF Industries by 58.4% in the second quarter. Amundi now owns 1,281,840 shares of the basic materials company’s stock worth $117,099,000 after purchasing an additional 472,592 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 3,215 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $97.00, for a total value of $311,855.00. Following the completion of the transaction, the executive vice president owned 87,861 shares of the company’s stock, valued at $8,522,517. The trade was a 3.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CF shares. The Goldman Sachs Group restated a “neutral” rating and issued a $103.00 target price on shares of CF Industries in a research note on Friday, February 20th. Wolfe Research upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Wall Street Zen downgraded shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. HSBC decreased their price target on shares of CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. Finally, Zacks Research lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, CF Industries currently has an average rating of “Hold” and a consensus target price of $95.53.

CF Industries Stock Up 2.4%

NYSE:CF opened at $99.46 on Friday. The company has a quick ratio of 2.93, a current ratio of 3.37 and a debt-to-equity ratio of 0.41. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $105.27. The stock’s fifty day simple moving average is $88.34 and its 200-day simple moving average is $85.56. The firm has a market capitalization of $15.28 billion, a P/E ratio of 11.05 and a beta of 0.70.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, February 18th. The basic materials company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.06. The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.78 billion. CF Industries had a return on equity of 19.84% and a net margin of 20.54%.The company’s quarterly revenue was up 22.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.89 earnings per share. Equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, February 13th. CF Industries’s dividend payout ratio is presently 22.22%.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.