New England Research & Management Inc. Buys New Shares in CF Industries Holdings, Inc. (NYSE:CF)

New England Research & Management Inc. acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 11,625 shares of the basic materials company’s stock, valued at approximately $992,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries in the 3rd quarter valued at $28,000. Brooklyn Investment Group bought a new stake in shares of CF Industries in the 3rd quarter valued at about $39,000. Quent Capital LLC lifted its position in shares of CF Industries by 132.1% in the third 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 during the last quarter. Catalyst Capital Advisors LLC increased its holdings in shares of 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 purchasing an additional 478 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in CF Industries by 6,690.0% during the 4th quarter. Versant Capital Management Inc now owns 679 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 669 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

CF Industries Stock Performance

CF stock opened at $92.53 on Thursday. The stock has a market capitalization of $16.10 billion, a PE ratio of 14.64, a price-to-earnings-growth ratio of 0.71 and a beta of 0.98. The stock’s 50 day simple moving average is $89.32 and its 200 day simple moving average is $84.13. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. 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 announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 19.45% and a return on equity of 14.57%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.85 EPS. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 6.37 earnings per share for the current fiscal year.

Insider Activity at CF Industries

In related news, VP Ashraf K. Malik sold 7,000 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the transaction, the vice president now owns 22,211 shares of the company’s stock, valued at approximately $2,016,314.58. This represents a 23.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,389 shares of company stock worth $2,355,425. 0.42% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on CF. Royal Bank of Canada lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target on the stock. in a research note on Tuesday, January 21st. UBS Group boosted their price target on CF Industries from $91.00 to $92.00 and gave the company a “neutral” rating in a research note on Tuesday. Bank of America lowered 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. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Finally, Mizuho upped their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $92.43.

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.