CF Industries Holdings, Inc. (NYSE:CF) Position Cut by Aigen Investment Management LP

Aigen Investment Management LP trimmed its stake in CF Industries Holdings, Inc. (NYSE:CF) by 63.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,919 shares of the basic materials company’s stock after selling 10,268 shares during the quarter. Aigen Investment Management LP’s holdings in CF Industries were worth $505,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CF. Heck Capital Advisors LLC bought a new stake in shares of CF Industries during the fourth quarter valued at about $34,000. Brooklyn Investment Group bought a new stake in shares of CF Industries during the third quarter valued at about $39,000. Asset Planning Inc bought a new stake in shares of CF Industries during the fourth quarter valued at about $44,000. Arlington Trust Co LLC raised its stake in shares of CF Industries by 422.0% during the fourth quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 460 shares in the last quarter. Finally, Sierra Ocean LLC bought a new stake in shares of CF Industries during the fourth quarter valued at about $49,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Trading Up 0.9 %

Shares of CF opened at $77.28 on Friday. The business’s 50-day moving average price is $86.57 and its 200 day moving average price is $85.44. The stock has a market capitalization of $13.10 billion, a P/E ratio of 11.42, a P/E/G ratio of 0.37 and a beta of 0.99. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. Analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.50 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.59%. CF Industries’s dividend payout ratio is currently 29.54%.

Insider Buying and Selling

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total transaction of $144,000.00. Following the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at $8,878,656. The trade was a 1.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $844,455.00. Following the transaction, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,889 shares of company stock valued at $1,130,955. 0.42% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CF. Scotiabank cut their price objective on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research note on Monday, February 24th. UBS Group cut their price objective on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their price objective for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Barclays lowered their target price on CF Industries from $100.00 to $95.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, Piper Sandler lifted their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries currently has a consensus rating of “Hold” and an average price target of $90.15.

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.