Quantessence Capital LLC Purchases Shares of 5,232 CF Industries Holdings, Inc. (NYSE:CF)

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

Several other hedge funds and other institutional investors also recently made changes to their positions in CF. Central Pacific Bank Trust Division acquired a new stake in shares of CF Industries in the 4th quarter valued at about $74,000. Korea Investment CORP increased its position in shares of CF Industries by 88.5% during the fourth quarter. Korea Investment CORP now owns 150,374 shares of the basic materials company's stock valued at $12,830,000 after acquiring an additional 70,585 shares during the last quarter. National Pension Service raised its stake in shares of CF Industries by 2,848.4% during the 4th quarter. National Pension Service now owns 290,384 shares of the basic materials company's stock worth $24,776,000 after purchasing an additional 280,535 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of CF Industries during the 4th quarter valued at approximately $51,000. Finally, Charles Schwab Investment Management Inc. increased its position in CF Industries by 4.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock worth $494,202,000 after buying an additional 225,109 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on CF shares. Scotiabank upgraded shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective for the company in a research note on Wednesday, April 9th. JPMorgan Chase & Co. lowered CF Industries from a "neutral" rating to an "underweight" rating and reduced their target price for the company from $82.00 to $75.00 in a report on Friday, January 24th. 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 objective for the company. BNP Paribas raised shares of CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Finally, Morgan Stanley decreased their price objective on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a research report on Friday, April 11th. 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 data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $89.29.

CF Industries Stock Up 0.7 %

NYSE CF traded up $0.54 during trading hours on Monday, reaching $79.01. 701,950 shares of the company's stock traded hands, compared to its average volume of 2,097,193. The firm has a 50-day simple moving average of $76.15 and a 200 day simple moving average of $83.54. The firm has a market cap of $13.40 billion, a PE ratio of 11.66, a PEG ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52.

CF Industries (NYSE:CF - Get Free Report) last issued its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.53%. CF Industries's dividend payout ratio (DPR) is presently 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.