Everence Capital Management Inc. Makes New $216,000 Investment in CF Industries Holdings, Inc. (NYSE:CF)

Everence Capital Management Inc. acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,530 shares of the basic materials company’s stock, valued at approximately $216,000.

A number of other hedge funds also recently made changes to their positions in the stock. Victory Capital Management Inc. grew its position in CF Industries by 15.1% during 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 last quarter. International Assets Investment Management LLC grew its holdings in shares of CF Industries by 7,617.5% during the 3rd quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock valued at $375,440,000 after purchasing an additional 431,910 shares during the last quarter. Barclays PLC raised its position in CF Industries by 68.9% in the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock worth $63,263,000 after purchasing an additional 300,873 shares during the period. FMR LLC lifted its stake in 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 purchasing an additional 300,050 shares during the last quarter. Finally, Yaupon Capital Management LP purchased a new stake in CF Industries during the third quarter valued at about $17,437,000. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on CF shares. Royal Bank of Canada boosted their target price on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Wells Fargo & Company boosted their price objective on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. 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 report on Wednesday, October 16th. Redburn Atlantic initiated coverage on shares of CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 price target for the company. Finally, Oppenheimer assumed coverage on shares of CF Industries in a report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $90.38.

Insider Activity at CF Industries

In related news, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 103,155 shares of the company’s stock, valued at $9,077,640. This trade represents a 2.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 3,500 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the sale, the executive vice president now directly owns 62,768 shares in the company, valued at $5,828,636.48. This trade represents a 5.28 % decrease in their ownership of the stock. 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 three months. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Down 2.0 %

CF stock opened at $87.00 on Thursday. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $94.46. The company has a market capitalization of $15.14 billion, a price-to-earnings ratio of 13.77, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. The business’s 50 day moving average price is $87.06 and its two-hundred day moving average price is $81.92. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share 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 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 for the quarter was up 7.6% on a year-over-year basis. As a group, analysts forecast that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

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.