SG Americas Securities LLC Has $3.26 Million Stock Position in CF Industries Holdings, Inc. $CF

SG Americas Securities LLC lowered its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 69.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,339 shares of the basic materials company’s stock after selling 83,321 shares during the period. SG Americas Securities LLC’s holdings in CF Industries were worth $3,260,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CF. Planned Solutions Inc. increased its holdings in CF Industries by 3.5% during the second quarter. Planned Solutions Inc. now owns 3,393 shares of the basic materials company’s stock worth $312,000 after buying an additional 114 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of CF Industries by 0.8% during the 2nd quarter. Nordea Investment Management AB now owns 15,262 shares of the basic materials company’s stock worth $1,395,000 after purchasing an additional 114 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of CF Industries by 78.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 128 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock valued at $169,000 after purchasing an additional 131 shares during the period. Finally, First Horizon Advisors Inc. lifted its stake in CF Industries by 8.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,854 shares of the basic materials company’s stock valued at $171,000 after purchasing an additional 149 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

CF Industries Stock Down 2.2%

CF stock opened at $80.77 on Tuesday. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.27 and a quick ratio of 1.99. The stock has a market capitalization of $12.60 billion, a price-to-earnings ratio of 9.73 and a beta of 0.69. The business’s fifty day moving average price is $79.56 and its two-hundred day moving average price is $85.39.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating the consensus estimate of $2.06 by $0.13. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the company posted $1.55 earnings per share. CF Industries’s revenue was up 21.1% compared to the same quarter last year. On average, equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CF. Scotiabank boosted their price target on CF Industries from $82.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Monday, November 10th. BNP Paribas Exane decreased their target price on CF Industries from $90.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, November 24th. Cibc Captl Mkts upgraded CF Industries to a “hold” rating in a research note on Tuesday, December 2nd. CIBC initiated coverage on shares of CF Industries in a research report on Tuesday, December 2nd. They set a “neutral” rating and a $87.00 price objective for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of CF Industries in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $92.75.

About CF Industries

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.