7,543 Shares in CF Industries Holdings, Inc. $CF Purchased by Inspire Advisors LLC

Inspire Advisors LLC purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,543 shares of the basic materials company’s stock, valued at approximately $677,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State Street Corp increased its stake in shares of CF Industries by 2.1% in the second quarter. State Street Corp now owns 7,982,072 shares of the basic materials company’s stock worth $734,351,000 after buying an additional 165,833 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of CF Industries by 0.4% during the second quarter. Ameriprise Financial Inc. now owns 3,287,256 shares of the basic materials company’s stock worth $302,428,000 after purchasing an additional 11,792 shares during the last quarter. Allianz Asset Management GmbH lifted its position in shares of CF Industries by 72.1% during the second quarter. Allianz Asset Management GmbH now owns 1,728,927 shares of the basic materials company’s stock worth $159,061,000 after purchasing an additional 724,329 shares during the last quarter. Sei Investments Co. grew its stake in CF Industries by 1.3% in the second quarter. Sei Investments Co. now owns 1,483,522 shares of the basic materials company’s stock worth $136,484,000 after purchasing an additional 19,262 shares in the last quarter. Finally, Norges Bank bought a new stake in CF Industries in the second quarter valued at about $129,574,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Stock Performance

CF stock opened at $86.84 on Tuesday. 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 $13.55 billion, a price-to-earnings ratio of 10.46 and a beta of 0.69. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.99 and a current ratio of 2.27. The stock’s fifty day moving average is $79.81 and its two-hundred day moving average is $85.14.

CF Industries (NYSE:CF) last issued its quarterly earnings data 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 firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.59 billion. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. CF Industries’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period last year, the firm posted $1.55 EPS. On average, research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on CF shares. The Goldman Sachs Group reduced their target price on CF Industries from $94.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday, December 16th. CIBC initiated coverage on CF Industries in a research note on Tuesday, December 2nd. They set a “neutral” rating and a $87.00 price objective on the stock. UBS Group decreased their price objective on shares of CF Industries from $91.00 to $86.00 and set a “neutral” rating for the company in a report on Monday, January 12th. BNP Paribas Exane dropped their target price on shares of CF Industries from $90.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, November 24th. Finally, HSBC decreased their price target on shares of CF Industries from $95.00 to $91.00 and set a “hold” rating for the company in a report on Monday, November 24th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $91.69.

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.