CF Industries Holdings, Inc. (NYSE:CF) Shares Acquired by B & T Capital Management DBA Alpha Capital Management

B & T Capital Management DBA Alpha Capital Management boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 2.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 50,223 shares of the basic materials company’s stock after buying an additional 1,243 shares during the quarter. B & T Capital Management DBA Alpha Capital Management’s holdings in CF Industries were worth $4,285,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division purchased a new stake in shares of CF Industries in the 4th quarter valued at about $74,000. Kingsview Wealth Management LLC purchased a new stake in CF Industries in the third quarter valued at approximately $3,149,000. AMG National Trust Bank acquired a new stake in shares of CF Industries in the third quarter valued at approximately $887,000. Quantinno Capital Management LP grew its position in shares of CF Industries by 118.7% during the third quarter. Quantinno Capital Management LP now owns 15,991 shares of the basic materials company’s stock worth $1,372,000 after acquiring an additional 8,679 shares during the last quarter. Finally, Swedbank AB increased its stake in CF Industries by 3.8% in the third quarter. Swedbank AB now owns 271,198 shares of the basic materials company’s stock valued at $23,269,000 after purchasing an additional 9,815 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Piper Sandler raised CF Industries from an “underweight” rating to an “overweight” rating and boosted their target price for the company from $79.00 to $105.00 in a report on Monday, January 13th. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective on the stock. in a research note on Wednesday, October 16th. Redburn Atlantic assumed coverage on shares of CF Industries in a research note on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price for the company. Royal Bank of Canada boosted their price target on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Finally, Wells Fargo & Company raised their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $92.38.

CF Industries Stock Performance

NYSE CF opened at $97.01 on Friday. The business has a 50 day moving average price of $88.39 and a 200 day moving average price of $82.79. The company has a market capitalization of $16.88 billion, a P/E ratio of 15.35, a PEG ratio of 0.69 and a beta of 0.98. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $98.25. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates 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 earnings per share. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. Sell-side analysts expect that CF Industries Holdings, Inc. will post 6.38 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total transaction of $144,000.00. Following the completion of the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at $8,878,656. The trade was a 1.60 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,389 shares of company stock worth $2,355,425. Insiders own 0.42% of the company’s stock.

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.