Park Avenue Securities LLC Takes $226,000 Position in CF Industries Holdings, Inc. (NYSE:CF)

Park Avenue Securities LLC acquired a new position in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,644 shares of the basic materials company’s stock, valued at approximately $226,000.

Several other large investors also recently added to or reduced their stakes in CF. Central Pacific Bank Trust Division bought a new stake in shares of CF Industries during the 4th quarter valued at about $74,000. Kingsview Wealth Management LLC bought a new stake in CF Industries during the third quarter valued at approximately $3,149,000. AMG National Trust Bank purchased a new position in CF Industries in the 3rd quarter worth approximately $887,000. Quantinno Capital Management LP increased its holdings in shares of CF Industries by 118.7% in the 3rd quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock worth $1,372,000 after buying an additional 8,679 shares during the last quarter. Finally, Swedbank AB raised its position in shares of CF Industries by 3.8% during the 3rd quarter. Swedbank AB now owns 271,198 shares of the basic materials company’s stock valued at $23,269,000 after buying an additional 9,815 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Activity

In related news, EVP Bert A. Frost sold 3,000 shares of the business’s 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 completion of the transaction, the executive vice president now owns 103,155 shares in the company, valued at $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 through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares of the company’s stock, valued at $1,507,745. This represents a 35.90 % 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 worth $2,355,425 over the last quarter. Insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Scotiabank restated a “sector underperform” rating and set a $88.00 price target on shares of CF Industries in a research report on Friday. Bank of America downgraded CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a research report on Wednesday, October 16th. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $82.00 to $75.00 in a research report on Friday. Redburn Atlantic assumed coverage on shares of CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. Finally, Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price on the stock. in a report on Tuesday, January 21st. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $91.43.

CF Industries Stock Performance

Shares of CF stock opened at $88.07 on Monday. 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 company has a 50 day moving average price of $89.19 and a 200-day moving average price of $83.80. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. The firm has a market capitalization of $15.33 billion, a PE ratio of 13.93, a P/E/G ratio of 0.71 and a beta of 0.98.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. The company 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%. CF Industries’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 earnings per share. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 6.37 earnings per share for the current 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.