Inspire Investing LLC Has $1.09 Million Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Inspire Investing LLC lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 285.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,780 shares of the basic materials company’s stock after purchasing an additional 9,461 shares during the period. Inspire Investing LLC’s holdings in CF Industries were worth $1,090,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CF. Brooklyn Investment Group raised its holdings in CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 122 shares during the last quarter. Ballentine Partners LLC raised its stake in shares of CF Industries by 2.3% during the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock worth $482,000 after buying an additional 127 shares during the last quarter. Coldstream Capital Management Inc. lifted its holdings in CF Industries by 4.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock valued at $247,000 after buying an additional 135 shares during the period. PNC Financial Services Group Inc. boosted its stake in CF Industries by 0.8% in the third 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. Finally, 3Chopt Investment Partners LLC grew its holdings in CF Industries by 2.4% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 10,410 shares of the basic materials company’s stock worth $772,000 after acquiring an additional 242 shares during the period. 93.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Redburn Atlantic assumed coverage on CF Industries in a research note on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target on the stock. Royal Bank of Canada lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 target price on the stock. in a research note on Tuesday. Barclays lowered CF Industries from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $96.00 to $100.00 in a research report on Tuesday. Mizuho increased their price target on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. Finally, Piper Sandler upgraded shares of CF Industries from an “underweight” rating to an “overweight” rating and boosted their price objective for the company from $79.00 to $105.00 in a report on Monday, January 13th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $92.69.

CF Industries Trading Up 1.8 %

Shares of NYSE:CF opened at $95.22 on Friday. The firm has a market cap of $16.57 billion, a price-to-earnings ratio of 15.07, a PEG ratio of 0.71 and a beta of 0.98. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The company’s fifty day simple moving average is $89.17 and its 200 day simple moving average is $83.48. 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 (NYSE:CF) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 14.57% and a net margin of 19.45%. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the business posted $0.85 EPS. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 6.37 EPS for the current fiscal year.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of the firm’s stock in a transaction 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 completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 7,000 shares of CF Industries stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the sale, the vice president now owns 22,211 shares in the company, valued at $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,389 shares of company stock valued at $2,355,425. 0.42% of the stock is owned by insiders.

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.