Ilex Capital Partners UK LLP Has $49.25 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Ilex Capital Partners UK LLP raised its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 32.4% during the third quarter, HoldingsChannel.com reports. The firm owned 574,023 shares of the basic materials company’s stock after acquiring an additional 140,383 shares during the quarter. CF Industries makes up 3.3% of Ilex Capital Partners UK LLP’s portfolio, making the stock its 13th biggest position. Ilex Capital Partners UK LLP’s holdings in CF Industries were worth $49,251,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Wolff Wiese Magana LLC acquired a new stake in shares of CF Industries during the third quarter worth $28,000. Brooklyn Investment Group acquired a new position in shares of CF Industries during the 3rd quarter worth about $39,000. Quent Capital LLC increased its stake in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 284 shares during the last quarter. UMB Bank n.a. raised its position in shares of CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 191 shares during the period. Finally, Kimelman & Baird LLC bought a new position in CF Industries during the 2nd quarter worth approximately $50,000. Institutional investors own 93.06% of the company’s stock.

Insiders Place Their Bets

In other news, VP Ashraf K. Malik sold 7,000 shares of CF Industries stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the transaction, the vice president now owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This trade represents a 23.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at $5,964,120. This trade represents a 2.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,201 shares of company stock valued at $1,727,694 in the last 90 days. 0.48% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have weighed in on CF. Redburn Atlantic started coverage on shares of CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price on the stock. BMO Capital Markets raised their price objective on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Piper Sandler increased their price target on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a report on Friday, November 8th. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a research report on Wednesday, October 16th. Finally, Barclays increased their target price on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus price target of $88.42.

CF Industries Stock Up 1.4 %

Shares of NYSE CF traded up $1.30 during midday trading on Tuesday, reaching $90.96. The company’s stock had a trading volume of 1,425,578 shares, compared to its average volume of 1,832,855. The stock has a 50 day simple moving average of $85.96 and a 200-day simple moving average of $79.87. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $15.83 billion, a price-to-earnings ratio of 14.39, a PEG ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $91.55.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.50. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 EPS. Equities research analysts predict that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.20%. CF Industries’s dividend payout ratio is 31.65%.

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.