CWA Asset Management Group LLC Acquires Shares of 7,703 CF Industries Holdings, Inc. (NYSE:CF)

CWA Asset Management Group LLC bought a new position in CF Industries Holdings, Inc. (NYSE:CF) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 7,703 shares of the basic materials company’s stock, valued at approximately $657,000.

A number of other large investors have also recently made changes to their positions in CF. Wolff Wiese Magana LLC purchased a new stake in shares of CF Industries in the third quarter valued at $28,000. Brooklyn Investment Group purchased a new stake in CF Industries in the 3rd quarter worth about $39,000. Quent Capital LLC lifted its stake 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 purchasing an additional 284 shares during the last quarter. Kimelman & Baird LLC purchased a new position in shares of CF Industries during the second quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC grew its stake in shares of 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 buying an additional 478 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total transaction of $325,010.00. Following the completion of the sale, the executive vice president now owns 62,768 shares of the company’s stock, valued at $5,828,636.48. This represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Ashraf K. Malik sold 7,000 shares of CF Industries stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the transaction, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. This represents a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,500 shares of company stock worth $1,224,470. Corporate insiders own 0.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CF shares. Bank of America cut CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a report on Wednesday, October 16th. Mizuho boosted their target price on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Wells Fargo & Company raised their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 24th. Oppenheimer assumed 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. Finally, Piper Sandler raised their target price on shares of CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a research report on Friday, November 8th. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $90.38.

CF Industries Stock Down 2.0 %

CF Industries stock opened at $87.00 on Thursday. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $94.46. The business has a fifty day moving average of $87.06 and a two-hundred day moving average of $81.92. The firm has a market cap of $15.14 billion, a P/E ratio of 13.77, a P/E/G ratio of 2.37 and a beta of 0.98. 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 issued its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share 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 firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the prior year, the business posted $0.85 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. On average, analysts forecast that CF Industries Holdings, Inc. will post 6.32 earnings per share 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.