Nomura Asset Management Co. Ltd. lifted its position in shares of CF Industries (NYSE:CF) by 11.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,337 shares of the basic materials company’s stock after buying an additional 3,590 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in CF Industries were worth $1,503,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its position in shares of CF Industries by 451.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock worth $134,000 after buying an additional 2,585 shares in the last quarter. Delphi Private Advisors LLC bought a new position in shares of CF Industries during the 4th quarter worth $144,000. Stuart Chaussee & Associates Inc. bought a new position in shares of CF Industries during the 4th quarter worth $144,000. First Allied Advisory Services Inc. purchased a new stake in shares of CF Industries during the 4th quarter worth $210,000. Finally, Steward Partners Investment Advisory LLC purchased a new stake in shares of CF Industries during the 3rd quarter worth $183,000.
CF Industries stock traded down $1.75 during midday trading on Friday, reaching $36.83. The company’s stock had a trading volume of 3,400,192 shares, compared to its average volume of 3,212,875. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.05 and a current ratio of 2.53. CF Industries has a 52-week low of $25.04 and a 52-week high of $45.00. The stock has a market cap of $8,592.15, a PE ratio of -147.32, a price-to-earnings-growth ratio of 6.83 and a beta of 1.10.
CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, February 14th. The basic materials company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.06. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $988.91 million. CF Industries had a negative return on equity of 0.92% and a net margin of 8.67%. The firm’s revenue was up 26.8% compared to the same quarter last year. During the same period last year, the business posted ($0.39) earnings per share. sell-side analysts predict that CF Industries will post 0.9 EPS for the current fiscal year.
A number of equities research analysts recently weighed in on the company. TheStreet upgraded CF Industries from a “c+” rating to a “b-” rating in a research note on Friday, March 9th. ValuEngine upgraded CF Industries from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Sanford C. Bernstein assumed coverage on CF Industries in a research note on Wednesday, February 21st. They set an “outperform” rating for the company. Royal Bank of Canada set a $37.00 price objective on CF Industries and gave the stock a “sell” rating in a research note on Thursday, February 15th. Finally, Zacks Investment Research cut CF Industries from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $38.27.
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About CF Industries
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.
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