CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Rappaport Reiches Capital Management LLC

Rappaport Reiches Capital Management LLC trimmed its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 19.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,534 shares of the basic materials company’s stock after selling 3,031 shares during the period. Rappaport Reiches Capital Management LLC’s holdings in CF Industries were worth $1,069,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CF. Wolff Wiese Magana LLC purchased a new stake in CF Industries in the third quarter valued at $28,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries during the third quarter worth about $39,000. Quent Capital LLC lifted its holdings in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC boosted its position in shares of CF Industries by 262.6% in the 3rd 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 period. Finally, Kimelman & Baird LLC purchased a new position in CF Industries during the 2nd quarter worth approximately $50,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Ashraf K. Malik sold 7,000 shares of the company’s stock in a transaction 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 sale, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. This represents a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Bert A. Frost sold 3,000 shares of CF Industries 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 sale, the executive vice president now owns 103,155 shares of the company’s stock, valued at approximately $9,077,640. This 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 valued at $2,355,425. 0.42% of the stock is owned by insiders.

Analysts Set New Price Targets

CF has been the subject of a number of research reports. Royal Bank of Canada cut CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a research note on Tuesday. Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective on the stock. in a research note on Wednesday, October 16th. Mizuho increased their price objective on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Piper Sandler raised CF Industries from an “underweight” rating to an “overweight” rating and boosted their target price for the company from $79.00 to $105.00 in a report on Monday, January 13th. Finally, Barclays downgraded CF Industries from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $96.00 to $100.00 in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus price target of $91.43.

CF Industries Stock Performance

Shares of CF opened at $95.22 on Friday. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $98.25. The company has a 50-day simple moving average of $89.17 and a 200-day simple moving average of $83.48. The company has a market capitalization of $16.57 billion, a PE ratio of 15.07, a P/E/G ratio of 0.71 and a beta of 0.98.

CF Industries (NYSE:CF) last issued its 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 company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company posted $0.85 earnings per share. Equities research analysts predict that CF Industries Holdings, Inc. will post 6.37 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.