4,385 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by Brookstone Capital Management

Brookstone Capital Management purchased a new position in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,385 shares of the basic materials company’s stock, valued at approximately $374,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CF. FMR LLC boosted its position in shares of CF Industries by 3.8% during the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after buying an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of CF Industries by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock valued at $477,668,000 after buying an additional 22,392 shares during the period. Victory Capital Management Inc. boosted its position in shares of 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 buying an additional 549,569 shares during the period. Earnest Partners LLC boosted its holdings in shares of CF Industries by 2.8% in the second quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock valued at $162,584,000 after purchasing an additional 59,674 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of CF Industries by 5.1% in the second quarter. Sei Investments Co. now owns 1,422,493 shares of the basic materials company’s stock valued at $105,435,000 after purchasing an additional 68,834 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at $8,878,656. This represents a 1.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Ashraf K. Malik sold 7,000 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the transaction, the vice president now directly owns 22,211 shares in the company, valued at approximately $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock valued at $2,355,425 in the last ninety days. Company insiders own 0.48% of the company’s stock.

CF Industries Stock Performance

Shares of CF stock opened at $97.01 on Friday. The business’s fifty day simple moving average is $88.39 and its 200-day simple moving average is $82.88. The company has a market cap of $16.88 billion, a PE ratio of 15.35, a PEG ratio of 0.69 and a beta of 0.98. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. The business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.85 earnings per share. Analysts expect that CF Industries Holdings, Inc. will post 6.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a report on Wednesday, October 16th. Royal Bank of Canada boosted their price target on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Mizuho boosted their price target on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Barclays boosted their price target on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Finally, Redburn Atlantic assumed coverage on CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, CF Industries presently has a consensus rating of “Hold” and an average price target of $92.38.

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.