CF Industries Holdings, Inc. (NYSE:CF) Stake Lessened by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 14.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,919 shares of the basic materials company’s stock after selling 12,758 shares during the period. Wedge Capital Management L L P NC’s holdings in CF Industries were worth $6,477,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CF. Wolff Wiese Magana LLC purchased a new position in CF Industries during the 3rd quarter valued at about $28,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries during the 3rd quarter valued at about $39,000. Quent Capital LLC grew its stake in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after buying an additional 284 shares in the last quarter. Kimelman & Baird LLC acquired a new position in CF Industries in the second quarter worth approximately $50,000. Finally, Catalyst Capital Advisors LLC lifted its stake in CF Industries by 262.6% in the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 478 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction on Monday, January 13th. The shares were sold at an average price of $95.00, for a total value of $142,500.00. Following the completion of the transaction, the executive vice president now owns 93,986 shares in the company, valued at approximately $8,928,670. This represents a 1.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction dated 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 owns 15,871 shares in the company, valued at approximately $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,389 shares of company stock worth $2,355,425. 0.48% of the stock is currently owned by company insiders.

CF Industries Trading Down 0.2 %

Shares of CF Industries stock opened at $97.01 on Friday. 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 1 year low of $69.13 and a 1 year high of $98.25. The company’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 price-to-earnings ratio of 15.35, a PEG ratio of 0.69 and a beta of 0.98.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the prior year, the business 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, sell-side analysts expect that CF Industries Holdings, Inc. will post 6.38 EPS for the current year.

Wall Street Analyst Weigh In

CF has been the topic of a number of recent research reports. Wells Fargo & Company raised their price target on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Tuesday, September 24th. Mizuho raised their target price on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Royal Bank of Canada upped their price target on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a report on Wednesday, October 16th. Finally, Oppenheimer began coverage on CF Industries in a report on Thursday, December 12th. They set an “outperform” rating and a $114.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $92.38.

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.