Sapient Capital LLC Has $501,000 Stake in CF Industries Holdings, Inc. (NYSE:CF)

Sapient Capital LLC decreased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 26.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,015 shares of the basic materials company’s stock after selling 2,200 shares during the quarter. Sapient Capital LLC’s holdings in CF Industries were worth $501,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Nordea Investment Management AB grew its position in CF Industries by 9.5% in the 3rd quarter. Nordea Investment Management AB now owns 18,942 shares of the basic materials company’s stock valued at $1,635,000 after purchasing an additional 1,636 shares during the period. Teachers Retirement System of The State of Kentucky boosted its holdings in CF Industries by 926.1% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 183,711 shares of the basic materials company’s stock worth $15,751,000 after acquiring an additional 165,808 shares during the last quarter. Comerica Bank boosted its holdings in CF Industries by 133.8% during the 3rd quarter. Comerica Bank now owns 54,551 shares of the basic materials company’s stock worth $4,677,000 after acquiring an additional 31,215 shares during the last quarter. Klein Pavlis & Peasley Financial Inc. purchased a new position in CF Industries during the 4th quarter worth $1,627,000. Finally, Raymond James & Associates boosted its holdings in CF Industries by 25.4% during the 4th quarter. Raymond James & Associates now owns 133,439 shares of the basic materials company’s stock worth $10,608,000 after acquiring an additional 27,027 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of NYSE CF traded down $1.86 during midday trading on Tuesday, hitting $78.97. 1,855,819 shares of the company’s stock were exchanged, compared to its average volume of 2,433,697. The business’s fifty day moving average price is $81.66 and its two-hundred day moving average price is $79.53. The company has a current ratio of 3.81, a quick ratio of 3.44 and a debt-to-equity ratio of 0.35. The company has a market cap of $14.83 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 2.28 and a beta of 1.03. 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 posted its quarterly earnings data on Thursday, February 15th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.12). The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.51 billion. CF Industries had a return on equity of 18.44% and a net margin of 23.00%. CF Industries’s revenue for the quarter was down 39.8% compared to the same quarter last year. During the same quarter last year, the company posted $4.35 EPS. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 5.86 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be paid a $0.50 dividend. 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 2.53%. CF Industries’s dividend payout ratio is currently 25.51%.

Insider Transactions at CF Industries

In other news, EVP Bert A. Frost sold 6,000 shares of the 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 sale, the executive vice president now directly owns 64,030 shares of the company’s stock, valued at $5,442,550. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CF shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $95.00 price objective on shares of CF Industries in a report on Friday, February 16th. Barclays upgraded CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 target price on the stock in a research note on Friday, January 12th. UBS Group cut CF Industries from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $95.00 to $83.00 in a research note on Wednesday, January 31st. Wells Fargo & Company lowered their target price on CF Industries from $98.00 to $97.00 and set an “overweight” rating on the stock in a research note on Friday, February 16th. Finally, Piper Sandler cut CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $87.00 to $82.00 in a research note on Thursday, February 29th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, CF Industries presently has a consensus rating of “Hold” and an average target price of $86.47.

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.