CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Rappaport Reiches Capital Management LLC

Rappaport Reiches Capital Management LLC reduced its position in CF Industries Holdings, Inc. (NYSE:CF) by 19.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,534 shares of the basic materials company’s stock after selling 3,031 shares during the quarter. Rappaport Reiches Capital Management LLC’s holdings in CF Industries were worth $1,069,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Inspire Investing LLC lifted its stake in CF Industries by 285.1% in the 4th quarter. Inspire Investing LLC now owns 12,780 shares of the basic materials company’s stock worth $1,090,000 after purchasing an additional 9,461 shares in the last quarter. Wesbanco Bank Inc. acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $265,000. Janney Montgomery Scott LLC lifted its position in CF Industries by 3.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 16,876 shares of the basic materials company’s stock worth $1,440,000 after buying an additional 487 shares in the last quarter. Atomi Financial Group Inc. acquired a new position in CF Industries during the fourth quarter worth $216,000. Finally, Ballentine Partners LLC grew its holdings in CF Industries by 2.3% in the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock valued at $482,000 after buying an additional 127 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling at CF Industries

In other CF Industries news, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at $9,077,640. This trade represents a 2.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Ashraf K. Malik sold 7,000 shares of CF Industries stock in a transaction dated 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 transaction, the vice president now owns 22,211 shares of the company’s stock, valued at $2,016,314.58. The trade was a 23.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,389 shares of company stock valued at $2,355,425 in the last 90 days. Company insiders own 0.42% of the company’s stock.

CF Industries Price Performance

CF opened at $95.22 on Friday. The firm has a market cap of $16.57 billion, a price-to-earnings ratio of 15.07, a PEG ratio of 0.71 and a beta of 0.98. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The stock’s 50-day moving average price is $89.17 and its 200 day moving average price is $83.48. 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 issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 earnings per share. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 6.37 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. JPMorgan Chase & Co. lowered CF Industries from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $82.00 to $75.00 in a report on Friday. Oppenheimer began coverage on shares of CF Industries in a report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 target price on the stock. Mizuho increased their price target 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. Royal Bank of Canada lowered shares of CF Industries from an “outperform” rating to a “sector perform” rating and set a $100.00 price target on the stock. in a research report on Tuesday. Finally, Piper Sandler upgraded CF Industries from an “underweight” rating to an “overweight” rating and increased their price objective for the stock from $79.00 to $105.00 in a research report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus target price of $91.43.

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.