CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC reduced its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 22.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,170 shares of the basic materials company’s stock after selling 5,400 shares during the period. Royal Fund Management LLC’s holdings in CF Industries were worth $1,550,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries during the third quarter worth about $28,000. Brooklyn Investment Group purchased a new stake in shares of CF Industries in the 3rd quarter valued at approximately $39,000. Quent Capital LLC raised its holdings in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 284 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of CF Industries by 262.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 478 shares during the last quarter. Finally, Kimelman & Baird LLC acquired a new position in shares of CF Industries during the second quarter worth $50,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CF shares. Piper Sandler upgraded CF Industries from an “underweight” rating to an “overweight” rating and raised their price target for the company from $79.00 to $105.00 in a research note on Monday, January 13th. Oppenheimer started coverage on CF Industries in a research note on Thursday, December 12th. They set an “outperform” rating and a $114.00 target price for the company. Barclays increased their price target on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, October 11th. Mizuho boosted their price objective on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research 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 price target on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, CF Industries has an average rating of “Hold” and an average target price of $92.38.

CF Industries Stock Performance

Shares of CF stock opened at $97.01 on Tuesday. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The stock’s 50-day moving average price is $88.63 and its 200 day moving average price is $83.16. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $16.88 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 0.69 and a beta of 0.98.

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 the consensus estimate of $1.05 by $0.50. The business had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.85 earnings per share. As a group, equities research analysts forecast that CF Industries Holdings, Inc. will post 6.38 EPS for the current year.

Insider Transactions at CF Industries

In other news, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total transaction of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at $9,077,640. This represents a 2.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Susan L. Menzel sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total transaction of $325,010.00. Following the completion of the sale, the executive vice president now owns 62,768 shares of the company’s stock, valued at $5,828,636.48. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock worth $2,355,425 over the last ninety days. 0.48% of the stock is currently owned by company insiders.

CF Industries 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.