AXQ Capital LP Has $985,000 Position in CF Industries Holdings, Inc. $CF

AXQ Capital LP boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 111.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 12,740 shares of the basic materials company’s stock after acquiring an additional 6,720 shares during the quarter. AXQ Capital LP’s holdings in CF Industries were worth $985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hantz Financial Services Inc. boosted its stake in shares of CF Industries by 46.3% in the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 156 shares in the last quarter. Peterson Wealth Services boosted its stake in shares of CF Industries by 451.3% in the 3rd quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 361 shares in the last quarter. Stance Capital LLC acquired a new stake in shares of CF Industries in the 3rd quarter valued at $42,000. Eagle Bay Advisors LLC acquired a new stake in shares of CF Industries in the 4th quarter valued at $43,000. Finally, WPG Advisers LLC grew its holdings in shares of CF Industries by 69.8% during the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 227 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

CF has been the subject of a number of research reports. BNP Paribas Exane raised their target price on CF Industries from $95.00 to $140.00 and gave the company a “neutral” rating in a research note on Wednesday, March 25th. The Goldman Sachs Group raised their price objective on shares of CF Industries from $132.00 to $133.00 in a research report on Friday, May 8th. Wells Fargo & Company raised their target price on shares of CF Industries from $100.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Mizuho raised their target price on shares of CF Industries from $100.00 to $105.00 and gave the company an “underperform” rating in a research note on Tuesday, March 31st. Finally, Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $117.69.

Insider Activity at CF Industries

In other news, SVP Michael Patrick Mcgrane sold 3,666 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $116.50, for a total transaction of $427,089.00. Following the completion of the transaction, the senior vice president directly owned 19,161 shares of the company’s stock, valued at $2,232,256.50. This trade represents a 16.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Susan L. Menzel sold 18,041 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $136.06, for a total transaction of $2,454,658.46. Following the transaction, the executive vice president directly owned 55,762 shares of the company’s stock, valued at $7,586,977.72. This represents a 24.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 72,513 shares of company stock worth $8,952,781. 0.51% of the stock is currently owned by corporate insiders.

CF Industries Stock Performance

Shares of CF stock opened at $113.59 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. The company has a market capitalization of $17.45 billion, a P/E ratio of 10.21 and a beta of 0.38. The company’s 50 day moving average price is $123.73 and its two-hundred day moving average price is $101.89. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 EPS for the quarter, topping the consensus estimate of $2.63 by $1.35. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.84 billion. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period last year, the company posted $1.85 EPS. On average, analysts expect that CF Industries Holdings, Inc. will post 15.12 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, May 15th. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

CF Industries Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.