Kathmere Capital Management LLC Increases Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Kathmere Capital Management LLC lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 14.2% during the fourth quarter, HoldingsChannel reports. The firm owned 5,522 shares of the basic materials company’s stock after purchasing an additional 686 shares during the quarter. Kathmere Capital Management LLC’s holdings in CF Industries were worth $471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CF. Coldstream Capital Management Inc. grew its stake in 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 valued at $247,000 after buying an additional 135 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of CF Industries by 0.8% in 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 buying an additional 179 shares in the last quarter. Westwood Holdings Group Inc. boosted its stake in CF Industries by 6.2% during the second quarter. Westwood Holdings Group Inc. now owns 3,399 shares of the basic materials company’s stock valued at $252,000 after buying an additional 197 shares during the period. 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 worth $772,000 after acquiring an additional 242 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted 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 valued at $722,000 after acquiring an additional 245 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CF has been the topic of several analyst reports. Piper Sandler raised shares of CF Industries from an “underweight” rating to an “overweight” rating and lifted their target price for the stock from $79.00 to $105.00 in a research note on Monday. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a research report on Wednesday, October 16th. Mizuho boosted their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Royal Bank of Canada increased their price objective on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Finally, Wells Fargo & Company lifted their target price on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Tuesday, September 24th. 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’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $92.38.

Insider Buying and Selling at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was 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. The trade was a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the business’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 value of $142,500.00. Following the transaction, the executive vice president now directly owns 93,986 shares in the company, valued at approximately $8,928,670. This represents a 1.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,889 shares of company stock valued at $2,211,425 in the last three months. 0.42% of the stock is currently owned by corporate insiders.

CF Industries Stock Performance

NYSE:CF opened at $96.52 on Thursday. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $96.78. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The firm has a market capitalization of $16.80 billion, a PE ratio of 15.27, a P/E/G ratio of 2.37 and a beta of 0.98. The stock has a 50-day simple moving average of $87.60 and a two-hundred day simple moving average of $82.43.

CF Industries (NYSE:CF) last released 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. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the previous year, the company earned $0.85 EPS. CF Industries’s revenue for the quarter was up 7.6% on a year-over-year basis. Analysts forecast that CF Industries Holdings, Inc. will post 6.32 EPS 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.