BluePath Capital Management LLC Acquires 1,678 Shares of CF Industries Holdings, Inc. (NYSE:CF)

BluePath Capital Management LLC increased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 16.0% during the fourth quarter, HoldingsChannel reports. The fund owned 12,152 shares of the basic materials company’s stock after acquiring an additional 1,678 shares during the quarter. BluePath Capital Management LLC’s holdings in CF Industries were worth $1,037,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in CF. Coldstream Capital Management Inc. grew its stake in shares of CF Industries by 4.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock worth $247,000 after acquiring an additional 135 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in CF Industries by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock worth $2,004,000 after purchasing an additional 179 shares during the last quarter. Westwood Holdings Group Inc. grew its position in CF Industries by 6.2% in the 2nd quarter. Westwood Holdings Group Inc. now owns 3,399 shares of the basic materials company’s stock worth $252,000 after purchasing an additional 197 shares in the last quarter. 3Chopt Investment Partners LLC increased its stake in CF Industries by 2.4% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 10,410 shares of the basic materials company’s stock valued at $772,000 after buying an additional 242 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its position in shares of CF Industries by 3.0% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 8,410 shares of the basic materials company’s stock worth $722,000 after buying an additional 245 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling

In related news, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $95.00, for a total transaction of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares of the company’s stock, valued at approximately $8,928,670. This represents a 1.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 8,889 shares of the firm’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 completion of the transaction, the vice president now directly owns 15,871 shares of the company’s stock, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 23,889 shares of company stock valued at $2,211,425. Corporate insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CF. Royal Bank of Canada increased their price target on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Oppenheimer assumed coverage on CF Industries in a research report on Thursday, December 12th. They set an “outperform” rating and a $114.00 target price for the company. Piper Sandler raised shares of CF Industries from an “underweight” rating to an “overweight” rating and boosted their price target for the stock from $79.00 to $105.00 in a report on Monday. 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 objective for the company. Finally, Wells Fargo & Company boosted their target price on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $92.38.

CF Industries Stock Performance

Shares of CF stock opened at $96.52 on Thursday. The firm’s 50 day moving average is $87.60 and its 200 day moving average is $82.43. The stock has a market capitalization of $16.80 billion, a P/E ratio of 15.27, a PEG ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $96.78. 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 (NYSE:CF) last posted its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.50. The firm 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 quarter in the prior year, the business posted $0.85 earnings per share. On average, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current year.

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.