CF Industries Holdings, Inc. (NYSE:CF) Stake Cut by Brinker Capital Investments LLC

Brinker Capital Investments LLC reduced its holdings in CF Industries Holdings, Inc. (NYSE:CFGet Rating) by 23.5% in the 3rd quarter, Holdings Channel reports. The fund owned 9,504 shares of the basic materials company’s stock after selling 2,924 shares during the period. Brinker Capital Investments LLC’s holdings in CF Industries were worth $915,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in CF Industries by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 25,747,358 shares of the basic materials company’s stock worth $2,653,523,000 after acquiring an additional 94,482 shares in the last quarter. Northern Trust Corp lifted its stake in CF Industries by 7.3% in the 2nd quarter. Northern Trust Corp now owns 3,603,656 shares of the basic materials company’s stock worth $308,941,000 after acquiring an additional 244,136 shares in the last quarter. AQR Capital Management LLC lifted its stake in CF Industries by 78.1% in the 2nd quarter. AQR Capital Management LLC now owns 1,821,699 shares of the basic materials company’s stock worth $154,827,000 after acquiring an additional 799,020 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of CF Industries by 2.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,639,868 shares of the basic materials company’s stock worth $169,005,000 after purchasing an additional 43,695 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of CF Industries by 3.9% during the 2nd quarter. Legal & General Group Plc now owns 1,185,468 shares of the basic materials company’s stock worth $101,630,000 after purchasing an additional 44,548 shares in the last quarter. 92.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. UBS Group cut their price target on CF Industries from $125.00 to $119.00 and set a “buy” rating for the company in a research note on Wednesday, January 11th. Mizuho cut their price target on CF Industries from $113.00 to $105.00 and set a “neutral” rating for the company in a research note on Thursday, January 12th. Citigroup cut their price target on CF Industries from $126.00 to $100.00 and set a “buy” rating for the company in a research note on Friday. Royal Bank of Canada raised CF Industries from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $110.00 to $135.00 in a research note on Monday, October 3rd. Finally, Credit Suisse Group reissued an “underperform” rating on shares of CF Industries in a report on Monday, January 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $107.92.

CF Industries Stock Performance

CF opened at $86.48 on Monday. The firm has a market capitalization of $16.97 billion, a P/E ratio of 5.67, a price-to-earnings-growth ratio of 1.05 and a beta of 1.06. The stock’s 50 day moving average price is $94.69 and its two-hundred day moving average price is $98.36. The company has a quick ratio of 2.30, a current ratio of 2.66 and a debt-to-equity ratio of 0.42. CF Industries Holdings, Inc. has a 12-month low of $63.10 and a 12-month high of $119.60.

CF Industries (NYSE:CFGet Rating) last released its earnings results on Wednesday, November 2nd. The basic materials company reported $2.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.19 by ($0.64). The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.30 billion. CF Industries had a net margin of 28.70% and a return on equity of 50.92%. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 15.95 earnings per share for the current year.

About CF Industries

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CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

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Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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