5,232 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by Quantessence Capital LLC

Quantessence Capital LLC acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,232 shares of the basic materials company’s stock, valued at approximately $446,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mizuho Bank Ltd. acquired a new position in CF Industries in the fourth quarter worth about $26,000. Heck Capital Advisors LLC bought a new stake in shares of CF Industries in the 4th quarter valued at approximately $34,000. Creative Financial Designs Inc. ADV raised its position in shares of CF Industries by 50.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 161 shares in the last quarter. Asset Planning Inc bought a new position in CF Industries during the fourth quarter worth $44,000. Finally, Arlington Trust Co LLC boosted its holdings in CF Industries by 422.0% in the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 460 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CF. The Goldman Sachs Group started coverage on shares of CF Industries in a research report on Thursday, March 13th. They issued a “neutral” rating and a $86.00 price target on the stock. BNP Paribas raised shares of CF Industries to a “strong-buy” rating in a report on Wednesday, April 9th. Scotiabank raised CF Industries from a “sector underperform” rating to a “sector perform” rating and set a $81.00 target price for the company in a report on Wednesday, April 9th. Piper Sandler raised their price target on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Finally, Royal Bank of Canada lowered their price objective on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $89.29.

CF Industries Stock Performance

Shares of CF opened at $75.60 on Wednesday. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. The firm has a market capitalization of $12.82 billion, a PE ratio of 11.17, a P/E/G ratio of 0.37 and a beta of 0.84. The firm has a 50-day moving average price of $76.48 and a 200 day moving average price of $83.78. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last posted 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 business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.65%. CF Industries’s dividend payout ratio (DPR) is 29.54%.

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.