GAMMA Investing LLC Boosts Holdings in CF Industries Holdings, Inc. (NYSE:CF)

GAMMA Investing LLC raised its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 42.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,818 shares of the basic materials company’s stock after buying an additional 1,426 shares during the period. GAMMA Investing LLC’s holdings in CF Industries were worth $411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Victory Capital Management Inc. lifted its holdings in CF Industries by 15.1% in the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after acquiring an additional 549,569 shares during the period. International Assets Investment Management LLC boosted its holdings in CF Industries by 7,617.5% during the third quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock worth $375,440,000 after buying an additional 431,910 shares in the last quarter. Barclays PLC increased its holdings in CF Industries by 68.9% in the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock valued at $63,263,000 after buying an additional 300,873 shares in the last quarter. FMR LLC raised its position in shares of CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after acquiring an additional 300,050 shares during the period. Finally, LSV Asset Management boosted its stake in shares of CF Industries by 154.3% during the 2nd quarter. LSV Asset Management now owns 408,703 shares of the basic materials company’s stock worth $30,293,000 after acquiring an additional 248,003 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity

In other news, EVP Bert A. Frost sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at approximately $9,077,640. The trade was a 2.83 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total transaction of $325,010.00. Following the transaction, the executive vice president now directly owns 62,768 shares of the company’s stock, valued at $5,828,636.48. The trade was a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,500 shares of company stock valued at $1,224,470 in the last 90 days. Company insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Piper Sandler upped their price target on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a report on Friday, November 8th. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a research note on Wednesday, October 16th. Barclays upped their price objective on shares of CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, October 11th. Royal Bank of Canada lifted their target price on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Finally, Wells Fargo & Company upped their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $90.38.

CF Industries Price Performance

CF stock opened at $88.51 on Monday. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $94.46. The firm has a market capitalization of $15.40 billion, a PE ratio of 14.00, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The business has a 50 day simple moving average of $86.66 and a 200-day simple moving average of $81.67.

CF Industries (NYSE:CF) last posted 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. 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 for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the firm earned $0.85 EPS. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. Equities research analysts anticipate 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.