Trading Report: The Quantbot Technologies LP Acquires New Stake in CF Industries Holdings Inc. (CF)

The Quantbot Technologies LP Acquires New Stake in CF Industries Holdings Inc. (CF)

Quantbot Technologies LP bought a new stake in CF Industries Holdings Inc. (NYSE:CF) during the second quarter, Holdings Channel reports. The institutional investor bought 84,691 shares of the company’s stock, valued at approximately $2,041,000.

Several other hedge funds also recently made changes to their positions in CF. Wellington Management Group LLP increased its stake in shares of CF Industries Holdings by 92.4% in the first quarter. Wellington Management Group LLP now owns 1,501,426 shares of the company’s stock valued at $47,054,000 after buying an additional 721,177 shares during the last quarter. State Street Corp increased its stake in CF Industries Holdings by 5.6% in the first quarter. State Street Corp now owns 10,842,394 shares of the company’s stock worth $339,791,000 after buying an additional 571,479 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in CF Industries Holdings during the first quarter worth about $17,057,000. Anchor Bolt Capital LP increased its stake in CF Industries Holdings by 11.1% in the first quarter. Anchor Bolt Capital LP now owns 2,388,127 shares of the company’s stock worth $74,844,000 after buying an additional 238,946 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its stake in CF Industries Holdings by 205.3% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 314,511 shares of the company’s stock worth $7,580,000 after buying an additional 211,508 shares in the last quarter. 99.11% of the stock is owned by institutional investors and hedge funds.

CF Industries Holdings Inc. (NYSE:CF) traded down 0.04% during trading on Friday, reaching $24.52. 4,721,814 shares of the company were exchanged. The company has a market capitalization of $5.72 billion, a P/E ratio of 30.20 and a beta of 1.62. CF Industries Holdings Inc. has a one year low of $20.77 and a one year high of $53.13. The firm’s 50-day moving average is $24.02 and its 200 day moving average is $26.48.

CF Industries Holdings (NYSE:CF) last issued its earnings results on Wednesday, August 3rd. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by $0.35. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. CF Industries Holdings had a return on equity of 8.04% and a net margin of 4.55%. CF Industries Holdings’s revenue for the quarter was down 13.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.49 EPS. On average, analysts anticipate that CF Industries Holdings Inc. will post $0.94 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Tuesday, November 15th will be given a $0.30 dividend. The ex-dividend date is Thursday, November 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.89%. CF Industries Holdings’s dividend payout ratio (DPR) is currently 148.15%.

A number of research firms have issued reports on CF. Vetr raised shares of CF Industries Holdings from a “buy” rating to a “strong-buy” rating and set a $28.46 price objective for the company in a report on Monday. Credit Suisse Group AG set a $26.00 price objective on shares of CF Industries Holdings and gave the company a “buy” rating in a report on Sunday, September 18th. Finally, Barclays PLC cut their price objective on shares of CF Industries Holdings from $31.00 to $25.00 and set an “overweight” rating for the company in a report on Thursday, August 18th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. CF Industries Holdings presently has a consensus rating of “Hold” and an average target price of $28.76.

In other news, Director Robert C. Arzbaecher acquired 21,600 shares of the business’s stock in a transaction dated Tuesday, August 16th. The stock was bought at an average cost of $23.25 per share, for a total transaction of $502,200.00. Following the completion of the transaction, the director now owns 88,443 shares of the company’s stock, valued at $2,056,299.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.84% of the stock is currently owned by insiders.

About CF Industries Holdings

CF Industries Holdings, Inc is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products (NPKs).

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