J2 Capital Management Inc Invests $417,000 in CF Industries Holdings, Inc. (NYSE:CF)

J2 Capital Management Inc bought a new position in CF Industries Holdings, Inc. (NYSE:CF) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,891 shares of the basic materials company’s stock, valued at approximately $417,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Wolff Wiese Magana LLC bought a new position in shares of CF Industries during the third quarter worth $28,000. Brooklyn Investment Group purchased a new stake in CF Industries during the 3rd quarter valued at $39,000. Quent Capital LLC lifted its position in CF Industries by 132.1% in the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after buying an additional 284 shares during the last quarter. Kimelman & Baird LLC purchased a new position in CF Industries during the second quarter worth $50,000. Finally, Catalyst Capital Advisors LLC increased its position in CF Industries by 262.6% during the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 478 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

Shares of CF stock opened at $97.01 on Friday. The stock’s 50-day moving average is $88.39 and its 200 day moving average is $82.88. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The company has a market cap of $16.88 billion, a P/E ratio of 15.35, a PEG ratio of 0.69 and a beta of 0.98.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. The business had revenue of $1.37 billion for 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 company’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the business earned $0.85 EPS. Research analysts predict that CF Industries Holdings, Inc. will post 6.38 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the firm’s 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 sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total transaction of $264,000.00. Following the transaction, the executive vice president now owns 103,155 shares in the company, valued at approximately $9,077,640. This trade represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,389 shares of company stock valued at $2,355,425. 0.48% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CF has been the subject of several analyst reports. Royal Bank of Canada raised their target price on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Barclays increased their target price on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Wells Fargo & Company boosted their target price on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday, September 24th. Piper Sandler raised shares of CF Industries from an “underweight” rating to an “overweight” rating and raised their price target for the stock from $79.00 to $105.00 in a research note on Monday, January 13th. Finally, Oppenheimer began coverage on shares of CF Industries in a research report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 price objective for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus price target of $92.38.

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.