CF Industries Holdings, Inc. (NYSE:CF) Short Interest Update

CF Industries Holdings, Inc. (NYSE:CF) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 4,340,000 shares, a drop of 14.7% from the December 15th total of 5,090,000 shares. Approximately 2.5% of the shares of the stock are short sold. Based on an average trading volume of 1,680,000 shares, the short-interest ratio is currently 2.6 days.

Analyst Ratings Changes

CF has been the topic of several research reports. Barclays raised their target price on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a research note on Wednesday, October 16th. Piper Sandler upgraded shares of CF Industries from an “underweight” rating to an “overweight” rating and increased their target price for the company from $79.00 to $105.00 in a research report on Monday, January 13th. Oppenheimer started coverage on shares of CF Industries in a research report on Thursday, December 12th. They set an “outperform” rating and a $114.00 price target on the stock. Finally, Redburn Atlantic assumed coverage on shares of CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $92.38.

Insider Activity

In other news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the sale, the vice president now owns 15,871 shares of the company’s stock, valued at $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This represents a 1.60 % 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. Company insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Brooklyn Investment Group boosted its position in shares of CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 122 shares during the period. Ballentine Partners LLC boosted its position in shares of CF Industries by 2.3% during the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock worth $482,000 after buying an additional 127 shares during the period. Coldstream Capital Management Inc. grew its stake in shares of CF Industries by 4.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock valued at $247,000 after buying an additional 135 shares in the last quarter. PNC Financial Services Group Inc. raised 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. Finally, Westwood Holdings Group Inc. lifted its stake in CF Industries by 6.2% during the 2nd quarter. Westwood Holdings Group Inc. now owns 3,399 shares of the basic materials company’s stock worth $252,000 after acquiring an additional 197 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Stock Down 0.2 %

CF stock opened at $97.01 on Friday. The firm has a market cap of $16.88 billion, a PE ratio of 15.35, a PEG ratio of 0.69 and a beta of 0.98. CF Industries has a one year low of $69.13 and a one year high of $98.25. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The firm’s 50 day moving average price is $88.39 and its 200-day moving average price is $82.88.

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

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.