CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Purus Wealth Management LLC

Purus Wealth Management LLC reduced its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 39.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,920 shares of the basic materials company’s stock after selling 1,883 shares during the period. Purus Wealth Management LLC’s holdings in CF Industries were worth $249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CF. Brooklyn Investment Group grew its stake in CF Industries by 26.9% in the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 122 shares in the last quarter. Coldstream Capital Management Inc. grew its position 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. increased its holdings in shares of CF Industries by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock valued at $2,004,000 after acquiring an additional 179 shares during the last quarter. Westwood Holdings Group Inc. lifted 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 worth $252,000 after purchasing an additional 197 shares during the last quarter. Finally, 3Chopt Investment Partners LLC increased its stake in CF Industries by 2.4% during the second quarter. 3Chopt Investment Partners LLC now owns 10,410 shares of the basic materials company’s stock valued at $772,000 after purchasing an additional 242 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Transactions at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 3,500 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total transaction of $325,010.00. Following the completion of the sale, the executive vice president now owns 62,768 shares in the company, valued at approximately $5,828,636.48. The trade was a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of CF Industries stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at approximately $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,389 shares of company stock worth $2,355,425. Corporate insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on CF shares. Oppenheimer began coverage on shares of CF Industries in a report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 target price on the stock. Barclays boosted their price target on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, October 11th. Bank of America cut CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a report on Wednesday, October 16th. Piper Sandler upgraded shares of CF Industries from an “underweight” rating to an “overweight” rating and raised their target price for the stock from $79.00 to $105.00 in a report on Monday, January 13th. Finally, Wells Fargo & Company upped their price target on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and an average target price of $92.38.

CF Industries Stock Down 0.2 %

Shares of NYSE:CF opened at $97.01 on Monday. The company has a market capitalization of $16.88 billion, a PE ratio of 15.35, a P/E/G ratio of 0.69 and a beta of 0.98. 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 company’s fifty day moving average is $88.39 and its 200-day moving average is $82.97. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25.

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