FNY Investment Advisers LLC Invests $119,000 in CF Industries Holdings, Inc. (NYSE:CF)

FNY Investment Advisers LLC purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 1,400 shares of the basic materials company’s stock, valued at approximately $119,000.

Several other institutional investors also recently bought and sold shares of CF. Central Pacific Bank Trust Division acquired a new stake in shares of CF Industries in the fourth quarter worth approximately $74,000. Kingsview Wealth Management LLC acquired a new stake in CF Industries during the 3rd quarter worth $3,149,000. AMG National Trust Bank purchased a new stake in shares of CF Industries during the third quarter worth $887,000. Quantinno Capital Management LP raised its position in shares of CF Industries by 118.7% in the third quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock valued at $1,372,000 after buying an additional 8,679 shares during the last quarter. Finally, Swedbank AB boosted its position in CF Industries by 3.8% during the third quarter. Swedbank AB now owns 271,198 shares of the basic materials company’s stock worth $23,269,000 after acquiring an additional 9,815 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

CF Industries stock opened at $94.96 on Wednesday. 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 company has a market capitalization of $16.52 billion, a price-to-earnings ratio of 15.03, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. The company’s 50 day simple moving average is $87.43 and its 200-day simple moving average is $82.28. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $95.72.

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

Insider Buying and Selling at CF Industries

In related news, EVP Bert A. Frost sold 3,000 shares of CF Industries stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the completion of the transaction, the executive vice president now directly owns 103,155 shares in the company, valued at approximately $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares in the company, valued at approximately $8,928,670. This trade represents a 1.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,889 shares of company stock valued at $2,211,425 in the last three months. 0.42% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on CF shares. Piper Sandler upgraded CF Industries from an “underweight” rating to an “overweight” rating and upped their price target for the company from $79.00 to $105.00 in a research report on Monday. Barclays upped their target price on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. 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 report on Wednesday, October 16th. Mizuho upped their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Finally, Redburn Atlantic started coverage on shares of CF Industries in a research note on Friday, October 18th. They set a “neutral” rating and a $77.00 target price on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, CF Industries currently has an average rating of “Hold” and an average price target of $92.38.

CF Industries Company 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.