CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Versant Capital Management Inc

Versant Capital Management Inc boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 6,690.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 679 shares of the basic materials company’s stock after buying an additional 669 shares during the period. Versant Capital Management Inc’s holdings in CF Industries were worth $58,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Upgrades and Downgrades

A number of analysts have commented on CF shares. Royal Bank of Canada lifted their price target on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Mizuho lifted their target price on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Piper Sandler increased their price target on shares of CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a report on Friday, November 8th. Oppenheimer initiated coverage on shares of CF Industries in a research note on Thursday, December 12th. They set an “outperform” rating and a $114.00 price objective for the company. Finally, Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective on the stock. in a research note on Wednesday, October 16th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $90.38.

Insider Buying and Selling at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total value of $635,460.00. Following the transaction, the vice president now owns 22,211 shares in the company, valued at approximately $2,016,314.58. This trade represents a 23.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction of $264,000.00. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 13,500 shares of company stock valued at $1,224,470 over the last ninety days. Corporate insiders own 0.42% of the company’s stock.

CF Industries Price Performance

Shares of CF Industries stock opened at $88.51 on Monday. The firm has a market cap of $15.40 billion, a PE ratio of 14.00, a P/E/G ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $94.46. 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 business has a 50-day moving average price of $86.66 and a 200 day moving average price of $81.67.

CF Industries (NYSE:CF) last posted its quarterly earnings data 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. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The business had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the previous year, the business earned $0.85 earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. Sell-side analysts predict that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal 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.