Cerebellum GP LLC boosted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 35.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,811 shares of the basic materials company’s stock after acquiring an additional 3,069 shares during the quarter. Cerebellum GP LLC’s holdings in CF Industries were worth $564,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in CF. Price T Rowe Associates Inc. MD raised its stake in CF Industries by 26.4% during the second quarter. Price T Rowe Associates Inc. MD now owns 15,177,727 shares of the basic materials company’s stock worth $708,952,000 after acquiring an additional 3,170,180 shares in the last quarter. UBS Asset Management Americas Inc. raised its stake in CF Industries by 167.1% during the second quarter. UBS Asset Management Americas Inc. now owns 3,305,327 shares of the basic materials company’s stock worth $154,392,000 after acquiring an additional 2,067,787 shares in the last quarter. Nuveen Asset Management LLC raised its stake in CF Industries by 190.6% during the second quarter. Nuveen Asset Management LLC now owns 2,287,101 shares of the basic materials company’s stock worth $106,831,000 after acquiring an additional 1,500,191 shares in the last quarter. Man Group plc raised its stake in CF Industries by 603.5% during the third quarter. Man Group plc now owns 896,974 shares of the basic materials company’s stock worth $44,131,000 after acquiring an additional 769,471 shares in the last quarter. Finally, Nomura Holdings Inc. acquired a new position in CF Industries during the third quarter worth $32,793,000. Hedge funds and other institutional investors own 93.71% of the company’s stock.
Shares of NYSE:CF opened at $45.65 on Thursday. CF Industries Holdings, Inc. has a twelve month low of $38.90 and a twelve month high of $55.15. The firm has a market cap of $9.88 billion, a PE ratio of 36.81, a price-to-earnings-growth ratio of 3.09 and a beta of 0.95. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.10 and a current ratio of 1.34. The business has a fifty day moving average of $46.17 and a 200-day moving average of $47.50.
CF Industries (NYSE:CF) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $0.29 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.06). CF Industries had a net margin of 10.42% and a return on equity of 7.98%. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the business posted $0.13 earnings per share. The business’s quarterly revenue was down .2% compared to the same quarter last year. On average, analysts anticipate that CF Industries Holdings, Inc. will post 2.17 EPS for the current fiscal year.
Several research analysts have issued reports on the company. Citigroup set a $57.00 price objective on CF Industries and gave the stock a “buy” rating in a research note on Wednesday, September 18th. Bank of America upgraded CF Industries from a “neutral” rating to a “buy” rating and set a $56.00 price objective for the company in a research note on Monday, November 25th. Cowen increased their price objective on CF Industries from $59.00 to $62.00 and gave the stock an “outperform” rating in a research note on Thursday, September 26th. Morgan Stanley lowered their target price on CF Industries from $48.00 to $45.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 11th. Finally, Zacks Investment Research lowered CF Industries from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $50.86.
In related news, VP Bert A. Frost sold 13,000 shares of CF Industries stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $45.50, for a total value of $591,500.00. Following the completion of the sale, the vice president now directly owns 95,072 shares in the company, valued at $4,325,776. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stephen A. Furbacher sold 3,500 shares of CF Industries stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $47.50, for a total value of $166,250.00. Following the completion of the sale, the director now owns 49,187 shares of the company’s stock, valued at $2,336,382.50. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.
CF Industries Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.
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