BluePath Capital Management LLC Has $1.04 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

BluePath Capital Management LLC increased its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 16.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,152 shares of the basic materials company’s stock after acquiring an additional 1,678 shares during the period. BluePath Capital Management LLC’s holdings in CF Industries were worth $1,037,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CF. Victory Capital Management Inc. boosted its holdings in shares of CF Industries by 15.1% in the 3rd quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after purchasing an additional 549,569 shares in the last quarter. International Assets Investment Management LLC grew its position in CF Industries by 7,617.5% in the third quarter. International Assets Investment Management LLC now owns 437,580 shares of the basic materials company’s stock valued at $375,440,000 after acquiring an additional 431,910 shares during the last quarter. Barclays PLC raised its stake in CF Industries by 68.9% during the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock worth $63,263,000 after acquiring an additional 300,873 shares in the last quarter. FMR LLC lifted its holdings in shares of CF Industries by 3.8% in the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after acquiring an additional 300,050 shares during the last quarter. Finally, Yaupon Capital Management LP acquired a new stake in shares of CF Industries in the 3rd quarter valued at approximately $17,437,000. 93.06% of the stock is owned by institutional investors.

CF Industries Trading Up 1.6 %

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’s fifty day moving average is $87.60 and its 200-day moving average is $82.43. The firm has a market cap of $16.80 billion, a P/E ratio of 15.27, a P/E/G ratio of 2.37 and a beta of 0.98.

CF Industries (NYSE:CF) last issued its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the firm posted $0.85 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. Equities analysts expect that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Susan L. Menzel sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the sale, the executive vice president now directly owns 62,768 shares in the company, valued at $5,828,636.48. This trade represents a 5.28 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Ashraf K. Malik sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total value of $635,460.00. Following the transaction, the vice president now directly owns 22,211 shares in the company, valued at approximately $2,016,314.58. This trade represents a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 23,889 shares of company stock worth $2,211,425. 0.42% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on CF shares. Mizuho increased their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Royal Bank of Canada raised their price objective on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Redburn Atlantic began coverage on CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price for the company. Piper Sandler raised CF Industries from an “underweight” rating to an “overweight” rating and lifted their price target for the company from $79.00 to $105.00 in a research note on Monday. Finally, Bank of America downgraded CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a research note on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, CF Industries has a consensus rating of “Hold” and an average target price of $92.38.

About CF Industries

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.