16,484 Shares in CF Industries Holdings, Inc. (NYSE:CF) Bought by Avanza Fonder AB

Avanza Fonder AB purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,484 shares of the basic materials company’s stock, valued at approximately $1,406,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CF. FMR LLC boosted its stake in CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after purchasing an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of CF Industries by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock valued at $477,668,000 after acquiring an additional 22,392 shares during the period. Victory Capital Management Inc. grew its stake in shares of CF Industries by 15.1% in the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock worth $359,386,000 after acquiring an additional 549,569 shares during the last quarter. Earnest Partners LLC increased its position in CF Industries by 2.8% during the second quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock worth $162,584,000 after acquiring an additional 59,674 shares during the period. Finally, Sei Investments Co. raised its stake in CF Industries by 5.1% during the 2nd quarter. Sei Investments Co. now owns 1,422,493 shares of the basic materials company’s stock valued at $105,435,000 after purchasing an additional 68,834 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Oppenheimer started coverage on shares of CF Industries in a report on Thursday, December 12th. They set an “outperform” rating and a $114.00 price objective on the stock. Barclays upped their price target on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Redburn Atlantic began coverage on CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 price objective on the stock. Mizuho upped their target price on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Finally, Royal Bank of Canada boosted their price target on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $92.38.

Insider Activity

In related news, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the sale, the vice president now owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This trade represents a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Susan L. Menzel sold 3,500 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total value of $325,010.00. Following the transaction, the executive vice president now directly owns 62,768 shares in the company, valued at approximately $5,828,636.48. This represents a 5.28 % 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 worth $2,355,425. 0.48% of the stock is owned by corporate insiders.

CF Industries Price Performance

NYSE:CF opened at $97.01 on Friday. The firm has a market cap of $16.88 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 0.69 and a beta of 0.98. The company’s 50-day moving average price is $88.39 and its two-hundred day moving average price is $82.88. 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 12 month low of $69.13 and a 12 month high of $98.25.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping 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 business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the company earned $0.85 EPS. CF Industries’s revenue for the quarter was up 7.6% on a year-over-year basis. On average, equities analysts anticipate that CF Industries Holdings, Inc. will post 6.38 EPS 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.