Parkside Investments LLC Boosts Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Parkside Investments LLC boosted its position in CF Industries Holdings, Inc. (NYSE:CF) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 84,687 shares of the basic materials company’s stock after purchasing an additional 295 shares during the quarter. Parkside Investments LLC’s holdings in CF Industries were worth $7,225,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CF. Public Sector Pension Investment Board raised its stake in shares of CF Industries by 47.1% during the 2nd quarter. Public Sector Pension Investment Board now owns 6,414 shares of the basic materials company’s stock worth $475,000 after acquiring an additional 2,055 shares in the last quarter. Marshall Wace LLP purchased a new position in CF Industries in the second quarter worth $386,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of CF Industries by 57.2% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 35,958 shares of the basic materials company’s stock worth $2,665,000 after purchasing an additional 13,081 shares in the last quarter. AXA S.A. purchased a new stake in shares of CF Industries during the 2nd quarter valued at $1,690,000. Finally, Kathmere Capital Management LLC boosted its position in shares of CF Industries by 34.4% in the 2nd quarter. Kathmere Capital Management LLC now owns 5,517 shares of the basic materials company’s stock worth $409,000 after purchasing an additional 1,411 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

Shares of CF opened at $88.07 on Monday. The company has a market capitalization of $15.33 billion, a P/E ratio of 13.93, a P/E/G ratio of 0.71 and a beta of 0.98. The business’s 50-day moving average is $89.19 and its two-hundred day moving average is $83.80. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share 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 during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period last year, the business earned $0.85 earnings per share. CF Industries’s quarterly revenue was up 7.6% on a year-over-year basis. Research analysts predict that CF Industries Holdings, Inc. will post 6.37 earnings per share for the current year.

Analysts Set New Price Targets

CF has been the topic of several recent analyst reports. Scotiabank reaffirmed a “sector underperform” rating and set a $88.00 target price on shares of CF Industries in a research report on Friday. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price objective for the company. in a research report on Tuesday, January 21st. JPMorgan Chase & Co. downgraded shares of CF Industries from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $82.00 to $75.00 in a research report on Friday. Mizuho raised their price target on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Finally, Barclays downgraded shares of CF Industries from an “overweight” rating to an “equal weight” rating and lifted their price objective for the stock from $96.00 to $100.00 in a research note on Tuesday, January 21st. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, CF Industries has a consensus rating of “Hold” and an average target price of $91.43.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction dated Wednesday, January 15th. The stock was 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 in the company, valued at $8,878,656. The trade was a 1.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction that occurred 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 transaction, the vice president now owns 22,211 shares in the company, valued at $2,016,314.58. This represents a 23.96 % decrease in their position. 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 three months. Company insiders own 0.42% of the company’s stock.

About CF Industries

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.