Short Interest in CF Industries Holdings, Inc. (NYSE:CF) Decreases By 14.7%

CF Industries Holdings, Inc. (NYSE:CF) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 4,340,000 shares, a decrease of 14.7% from the December 15th total of 5,090,000 shares. Based on an average trading volume of 1,680,000 shares, the short-interest ratio is currently 2.6 days. Currently, 2.5% of the company’s shares are sold short.

Insider Activity at CF Industries

In other news, EVP Bert A. Frost sold 3,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at $9,077,640. The trade was a 2.83 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Ashraf K. Malik sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total value of $635,460.00. Following the sale, the vice president now directly owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This represents a 23.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,389 shares of company stock worth $2,355,425 over the last ninety days. Insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On CF Industries

Institutional investors have recently modified their holdings of the business. Central Pacific Bank Trust Division purchased a new position in CF Industries in the fourth quarter worth $74,000. Kingsview Wealth Management LLC bought a new stake in shares of CF Industries during the 3rd quarter worth $3,149,000. AMG National Trust Bank purchased a new position in shares of CF Industries in the 3rd quarter worth about $887,000. Quantinno Capital Management LP grew its position in 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 valued at $1,372,000 after buying an additional 8,679 shares during the period. Finally, Swedbank AB increased its holdings in CF Industries by 3.8% during the third quarter. Swedbank AB now owns 271,198 shares of the basic materials company’s stock worth $23,269,000 after buying an additional 9,815 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

CF Industries Stock Down 0.2 %

NYSE CF traded down $0.24 on Friday, reaching $97.01. The company had a trading volume of 1,755,895 shares, compared to its average volume of 1,960,880. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The company’s fifty day moving average is $88.12 and its 200 day moving average is $82.63. CF Industries has a 52-week low of $69.13 and a 52-week high of $98.25. The stock has a market capitalization of $16.88 billion, a P/E ratio of 15.35, a P/E/G ratio of 0.69 and a beta of 0.98.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the prior year, the company posted $0.85 earnings per share. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. Sell-side analysts anticipate that CF Industries will post 6.38 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CF. Mizuho lifted their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Wells Fargo & Company raised their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Tuesday, September 24th. Barclays upped their price objective on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Piper Sandler upgraded CF Industries from an “underweight” rating to an “overweight” rating and raised their target price for the company from $79.00 to $105.00 in a research note on Monday. Finally, Bank of America downgraded CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a research note on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, CF Industries currently has an average rating of “Hold” and an average target price of $92.38.

CF Industries Company Profile

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.