Sippican Capital Advisors Has $1.12 Million Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Sippican Capital Advisors decreased its position in CF Industries Holdings, Inc. (NYSE:CF) by 1.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 13,155 shares of the basic materials company’s stock after selling 151 shares during the period. Sippican Capital Advisors’ holdings in CF Industries were worth $1,122,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC purchased a new stake in shares of CF Industries in the third quarter worth approximately $28,000. Brooklyn Investment Group acquired a new position in CF Industries in the 3rd quarter valued at approximately $39,000. Quent Capital LLC lifted its position in CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after buying an additional 284 shares in the last quarter. Catalyst Capital Advisors LLC boosted its stake in shares of CF Industries by 262.6% during the 3rd 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 period. Finally, Versant Capital Management Inc increased its stake in shares of CF Industries by 6,690.0% in the fourth quarter. Versant Capital Management Inc now owns 679 shares of the basic materials company’s stock worth $58,000 after acquiring an additional 669 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Stock Performance

CF opened at $92.53 on Thursday. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $98.25. The firm has a market capitalization of $16.10 billion, a P/E ratio of 14.64, a price-to-earnings-growth ratio of 0.71 and a beta of 0.98. The stock’s 50 day moving average price is $89.32 and its two-hundred day moving average price is $84.13. 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 announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the firm posted $0.85 earnings per share. CF Industries’s revenue was up 7.6% compared to the same quarter last year. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 6.37 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on CF. Oppenheimer reduced their price objective on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. cut CF Industries from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Mizuho raised their price objective 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. Piper Sandler boosted their target price on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a report on Wednesday, October 16th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and an average target price of $92.43.

Insider Transactions at CF Industries

In related news, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the completion of the transaction, the executive vice president now owns 103,155 shares of the company’s stock, valued at $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Ashraf K. Malik sold 7,000 shares of CF Industries 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 sale, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,389 shares of company stock worth $2,355,425. 0.42% of the stock is currently owned by company insiders.

About CF Industries

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.