Ninety One UK Ltd Has $9.15 Million Stock Holdings in CF Industries Holdings, Inc. $CF

Ninety One UK Ltd decreased its position in CF Industries Holdings, Inc. (NYSE:CF) by 30.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 102,056 shares of the basic materials company’s stock after selling 43,980 shares during the period. Ninety One UK Ltd owned 0.06% of CF Industries worth $9,154,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Trust Co. of Toledo NA OH acquired a new stake in shares of CF Industries in the second quarter valued at about $26,000. Harbor Capital Advisors Inc. increased its holdings in shares of CF Industries by 78.0% during the third quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after buying an additional 128 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in shares of CF Industries during the second quarter worth $44,000. CYBER HORNET ETFs LLC acquired a new stake in shares of CF Industries during the second quarter worth $46,000. Finally, Allworth Financial LP lifted its position in shares of CF Industries by 123.0% during the 2nd quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock valued at $56,000 after acquiring an additional 337 shares during the period. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Up 0.5%

CF Industries stock opened at $77.35 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.27 and a quick ratio of 1.99. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45. The stock has a market capitalization of $12.07 billion, a price-to-earnings ratio of 9.32 and a beta of 0.69. The business has a fifty day moving average price of $80.19 and a 200-day moving average price of $86.39.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, beating the consensus estimate of $2.06 by $0.13. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.59 billion. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.CF Industries’s quarterly revenue was up 21.1% on a year-over-year basis. During the same period last year, the business earned $1.55 earnings per share. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CF shares. Royal Bank Of Canada dropped their price target on CF Industries from $95.00 to $90.00 and set a “sector perform” rating on the stock in a report on Wednesday, December 10th. Scotiabank raised their target price on CF Industries from $82.00 to $90.00 and gave the stock a “sector perform” rating in a research note on Monday, November 10th. Wells Fargo & Company began coverage on shares of CF Industries in a research note on Tuesday, November 11th. They set an “overweight” rating and a $100.00 price objective on the stock. Rothschild & Co Redburn raised their price target on shares of CF Industries from $78.00 to $86.00 in a report on Monday, November 10th. Finally, The Goldman Sachs Group lowered their price objective on CF Industries from $94.00 to $90.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $93.06.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.