Avanza Fonder AB Buys Shares of 16,484 CF Industries Holdings, Inc. (NYSE:CF)

Avanza Fonder AB purchased a new position in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 16,484 shares of the basic materials company’s stock, valued at approximately $1,406,000.

A number of other institutional investors have also made changes to their positions in CF. Coldstream Capital Management Inc. grew its holdings in CF Industries by 4.9% during the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock valued at $247,000 after purchasing an additional 135 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of CF Industries by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock valued at $2,004,000 after buying an additional 179 shares during the period. Westwood Holdings Group Inc. increased its position in shares of CF Industries by 6.2% in the 2nd quarter. Westwood Holdings Group Inc. now owns 3,399 shares of the basic materials company’s stock valued at $252,000 after buying an additional 197 shares in the last quarter. 3Chopt Investment Partners LLC raised its stake in CF Industries by 2.4% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 10,410 shares of the basic materials company’s stock worth $772,000 after buying an additional 242 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in CF Industries by 3.0% during the third quarter. Nations Financial Group Inc. IA ADV now owns 8,410 shares of the basic materials company’s stock worth $722,000 after acquiring an additional 245 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Down 0.2 %

CF stock opened at $97.01 on Friday. The company has a market cap of $16.88 billion, a price-to-earnings ratio of 15.35, a P/E/G ratio of 0.69 and a beta of 0.98. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $98.25. The business has a 50 day moving average price of $88.39 and a two-hundred day moving average price of $82.88. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. The business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.85 earnings per share. Analysts anticipate that CF Industries Holdings, Inc. will post 6.38 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CF. Oppenheimer started coverage on CF Industries in a report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 price target for the company. Mizuho raised their target price on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a report on Wednesday, October 16th. Barclays raised their price objective on shares of CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. Finally, Piper Sandler upgraded CF Industries from an “underweight” rating to an “overweight” rating and increased their target price for the stock from $79.00 to $105.00 in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $92.38.

Insider Transactions at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the transaction, the vice president now owns 22,211 shares of the company’s stock, valued at $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $142,500.00. Following the transaction, the executive vice president now owns 93,986 shares of the company’s stock, valued at $8,928,670. This represents a 1.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,389 shares of company stock worth $2,355,425 in the last ninety days. Insiders own 0.48% of the company’s stock.

About CF Industries

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.