CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC reduced its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 22.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,170 shares of the basic materials company’s stock after selling 5,400 shares during the quarter. Royal Fund Management LLC’s holdings in CF Industries were worth $1,550,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ballentine Partners LLC raised its holdings in shares of CF Industries by 2.3% in the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock worth $482,000 after acquiring an additional 127 shares during the last quarter. J2 Capital Management Inc purchased a new stake in CF Industries during the 4th quarter worth about $417,000. Aaron Wealth Advisors LLC acquired a new position in CF Industries in the 4th quarter valued at about $232,000. Kera Capital Partners Inc. purchased a new position in CF Industries in the 4th quarter valued at about $214,000. Finally, B & T Capital Management DBA Alpha Capital Management boosted its stake in shares of CF Industries by 2.5% during the 4th quarter. B & T Capital Management DBA Alpha Capital Management now owns 50,223 shares of the basic materials company’s stock worth $4,285,000 after purchasing an additional 1,243 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insiders Place Their Bets

In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of CF Industries stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the sale, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. The trade was a 23.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,389 shares of company stock worth $2,355,425 in the last 90 days. 0.48% of the stock is owned by company insiders.

CF Industries Price Performance

CF Industries stock opened at $97.01 on Tuesday. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $16.88 billion, a P/E ratio of 15.35, a PEG ratio of 0.69 and a beta of 0.98. The firm has a fifty day moving average of $88.63 and a 200-day moving average of $83.16. 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 released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the company posted $0.85 earnings per share. The firm’s revenue was up 7.6% compared to the same quarter last year. As a group, analysts predict that CF Industries Holdings, Inc. will post 6.38 EPS for the current year.

Wall Street Analyst Weigh In

CF has been the subject of a number of analyst reports. Bank of America lowered shares of 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. Redburn Atlantic began coverage on CF Industries in a research note on Friday, October 18th. They set a “neutral” rating and a $77.00 price target on the stock. Mizuho lifted their price objective on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. Royal Bank of Canada increased their target price on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Finally, Piper Sandler raised shares of CF Industries from an “underweight” rating to an “overweight” rating and upped their price objective for the company from $79.00 to $105.00 in a research note on Monday, January 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $92.38.

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.