CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Fulton Bank N.A.

Fulton Bank N.A. cut its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 43.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 3,113 shares of the basic materials company’s stock after selling 2,350 shares during the period. Fulton Bank N.A.’s holdings in CF Industries were worth $266,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CF. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries during the 3rd quarter worth $28,000. Brooklyn Investment Group acquired a new position in shares of CF Industries during the 3rd quarter worth $39,000. Quent Capital LLC grew its stake 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 worth $43,000 after purchasing an additional 284 shares during the period. Kimelman & Baird LLC acquired a new stake in CF Industries in the 2nd quarter valued at about $50,000. Finally, Catalyst Capital Advisors LLC grew its stake in CF Industries by 262.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 478 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Trading Up 2.0 %

Shares of CF stock opened at $88.73 on Friday. The firm has a market cap of $15.44 billion, a P/E ratio of 14.04, a PEG ratio of 2.37 and a beta of 0.98. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $94.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The firm’s 50-day simple moving average is $87.16 and its 200-day simple moving average is $81.96.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the firm posted $0.85 earnings per share. CF Industries’s revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, equities analysts forecast that CF Industries Holdings, Inc. will post 6.32 EPS for the current year.

Insider Activity at CF Industries

In other CF Industries news, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction that occurred on 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 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 directly owns 62,768 shares of the company’s stock, valued at $5,828,636.48. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,500 shares of company stock worth $1,224,470. Company insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of a number of research reports. Barclays increased their price objective on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, October 11th. Oppenheimer initiated coverage on shares of CF Industries in a research note on Thursday, December 12th. They issued an “outperform” rating and a $114.00 price objective on the stock. Piper Sandler increased their price objective on shares of CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a research note on Friday, November 8th. Bank of America cut shares of 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. Finally, Redburn Atlantic began coverage on shares of CF Industries in a research note on Friday, October 18th. They set a “neutral” rating and a $77.00 price target on the stock. 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 company. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and a consensus price target of $90.38.

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.