Versant Capital Management Inc Boosts Position in CF Industries Holdings, Inc. (NYSE:CF)

Versant Capital Management Inc increased its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 6,690.0% during the 4th quarter, HoldingsChannel reports. The fund owned 679 shares of the basic materials company’s stock after acquiring an additional 669 shares during the quarter. Versant Capital Management Inc’s holdings in CF Industries were worth $58,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Wolff Wiese Magana LLC acquired a new position in CF Industries in the 3rd quarter valued at about $28,000. Brooklyn Investment Group purchased a new stake in shares of CF Industries during the 3rd quarter valued at approximately $39,000. Quent Capital LLC raised its position in shares of CF Industries by 132.1% during the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after buying an additional 284 shares during the period. Kimelman & Baird LLC acquired a new position in CF Industries in the second quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC grew its position in CF Industries by 262.6% in the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 478 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Buying and Selling

In other news, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the completion of the transaction, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at approximately $9,077,640. This represents a 2.83 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the transaction, the executive vice president now owns 62,768 shares in the company, valued at approximately $5,828,636.48. The trade was a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,500 shares of company stock worth $1,224,470 over the last 90 days. 0.42% of the stock is owned by insiders.

CF Industries Stock Up 3.1 %

Shares of NYSE CF opened at $88.51 on Monday. The stock has a market cap of $15.40 billion, a P/E ratio of 14.00, a PEG ratio of 2.37 and a beta of 0.98. The business’s fifty day simple moving average is $86.66 and its 200-day simple moving average is $81.67. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $94.46. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter last year, the business posted $0.85 EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. As a group, equities analysts predict that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a research note on Wednesday, October 16th. Mizuho upped 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. Barclays lifted their price target on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Oppenheimer began coverage on shares of CF Industries in a report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 price objective on the stock. Finally, Wells Fargo & Company lifted their target price on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $90.38.

CF Industries 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.