Sippican Capital Advisors Sells 151 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Sippican Capital Advisors trimmed its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,155 shares of the basic materials company’s stock after selling 151 shares during the quarter. Sippican Capital Advisors’ holdings in CF Industries were worth $1,122,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the sale, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This represents a 1.60 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,389 shares of company stock worth $2,355,425. Corporate insiders own 0.42% of the company’s stock.

CF Industries Trading Up 2.5 %

CF opened at $92.53 on Thursday. The stock has a market capitalization of $16.10 billion, a P/E ratio of 14.64, a P/E/G ratio of 0.71 and a beta of 0.98. 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 Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $98.25. The firm’s fifty day simple moving average is $89.32 and its 200 day simple moving average is $84.13.

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 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 in the previous year, the company posted $0.85 earnings per share. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 6.37 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on CF shares. Bank of America cut 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. Oppenheimer decreased their price objective on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research note on Tuesday. Barclays lowered CF Industries from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $96.00 to $100.00 in a research note on Tuesday, January 21st. Mizuho boosted their target price on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Finally, Piper Sandler increased their price target on shares of CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price 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.