Atomi Financial Group Inc. Invests $216,000 in CF Industries Holdings, Inc. (NYSE:CF)

Atomi Financial Group Inc. bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,535 shares of the basic materials company’s stock, valued at approximately $216,000.

A number of other institutional investors also recently added to or reduced their stakes in CF. FMR LLC increased its holdings in shares of CF Industries by 3.8% in the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after acquiring an additional 300,050 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in 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 purchasing an additional 22,392 shares in the last quarter. Victory Capital Management Inc. increased its stake in 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 valued at $359,386,000 after purchasing an additional 549,569 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in CF Industries by 10.2% during the third quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock worth $111,582,000 after purchasing an additional 120,193 shares in the last quarter. Finally, AustralianSuper Pty Ltd lifted its position in shares of CF Industries by 2.4% during the 3rd quarter. AustralianSuper Pty Ltd now owns 1,093,885 shares of the basic materials company’s stock worth $93,855,000 after buying an additional 25,701 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling

In related news, 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 of the company’s stock, valued at approximately $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Bert A. Frost sold 3,000 shares of the business’s stock in a transaction 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 sale, the executive vice president now owns 103,155 shares in the company, valued at approximately $9,077,640. The trade was a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,389 shares of company stock valued at $2,355,425 over the last quarter. Company insiders own 0.42% of the company’s stock.

CF Industries Stock Up 0.8 %

Shares of NYSE:CF opened at $88.78 on Tuesday. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The firm’s 50-day simple moving average is $89.22 and its 200-day simple moving average is $83.93. The company has a market cap of $15.45 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 0.71 and a beta of 0.98.

CF Industries (NYSE:CF) last announced its quarterly earnings data 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 company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.85 EPS. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 6.37 earnings per share for the current year.

Analyst Ratings Changes

CF has been the topic of a number of recent analyst reports. Mizuho increased their target price on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. Bank of America cut CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a research report on Wednesday, October 16th. Redburn Atlantic started coverage on CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price for the company. Piper Sandler lifted their price target on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, JPMorgan Chase & Co. downgraded CF Industries from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $82.00 to $75.00 in a report on Friday. 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. Based on data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $92.14.

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.