Cerebellum GP LLC Purchases 3,069 Shares of CF Industries Holdings, Inc. (NYSE:CF)

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Cerebellum GP LLC raised its position in CF Industries Holdings, Inc. (NYSE:CF) by 35.1% during the 4th quarter, HoldingsChannel reports. The fund owned 11,811 shares of the basic materials company’s stock after buying an additional 3,069 shares during the quarter. Cerebellum GP LLC’s holdings in CF Industries were worth $564,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CF. North Star Investment Management Corp. acquired a new position in shares of CF Industries during the 3rd quarter worth approximately $30,000. Parallel Advisors LLC increased its position in shares of CF Industries by 103.7% during the 3rd quarter. Parallel Advisors LLC now owns 725 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 369 shares during the last quarter. CSat Investment Advisory L.P. increased its position in shares of CF Industries by 27.5% during the 2nd quarter. CSat Investment Advisory L.P. now owns 1,010 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 218 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management acquired a new position in shares of CF Industries during the 3rd quarter worth approximately $60,000. Finally, Focused Wealth Management Inc acquired a new position in shares of CF Industries during the 3rd quarter worth approximately $74,000. Hedge funds and other institutional investors own 93.71% of the company’s stock.

CF stock opened at $45.65 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.10 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $9.88 billion, a PE ratio of 36.81, a PEG ratio of 3.09 and a beta of 0.95. CF Industries Holdings, Inc. has a 1-year low of $38.90 and a 1-year high of $55.15. The business’s 50 day simple moving average is $46.17 and its 200 day simple moving average is $47.50.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, October 30th. The basic materials company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.06). The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.06 billion. CF Industries had a return on equity of 7.98% and a net margin of 10.42%. The firm’s revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 earnings per share. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 2.17 EPS for the current fiscal year.

Several research firms have weighed in on CF. Scotiabank lowered CF Industries from an “outperform” rating to a “sector perform” rating and set a $48.00 price target on the stock. in a research report on Wednesday, September 18th. Morgan Stanley lowered their price target on CF Industries from $48.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 11th. Bank of America raised CF Industries from a “neutral” rating to a “buy” rating and set a $56.00 price target on the stock in a research report on Monday, November 25th. UBS Group lowered their price target on CF Industries from $60.00 to $58.00 and set a “buy” rating on the stock in a research report on Thursday, December 19th. Finally, Royal Bank of Canada boosted their price target on CF Industries from $44.00 to $46.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $50.86.

In related news, VP Bert A. Frost sold 13,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $45.50, for a total transaction of $591,500.00. Following the transaction, the vice president now directly owns 95,072 shares of the company’s stock, valued at approximately $4,325,776. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen A. Furbacher sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $47.50, for a total value of $166,250.00. Following the transaction, the director now directly owns 49,187 shares in the company, valued at $2,336,382.50. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by insiders.

About CF Industries

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF).

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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