CWA Asset Management Group LLC Purchases New Shares in CF Industries Holdings, Inc. (NYSE:CF)

CWA Asset Management Group LLC purchased a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,703 shares of the basic materials company's stock, valued at approximately $657,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wolff Wiese Magana LLC acquired a new stake in CF Industries in the third quarter valued at about $28,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries in the 3rd quarter valued at approximately $39,000. Quent Capital LLC grew its holdings in shares of CF Industries by 132.1% during the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company's stock valued at $43,000 after purchasing an additional 284 shares during the last quarter. Kimelman & Baird LLC bought a new position in CF Industries in the 2nd quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC boosted its position in CF Industries by 262.6% in the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company's stock valued at $57,000 after buying an additional 478 shares in the last quarter. Institutional investors own 93.06% of the company's stock.

CF Industries Trading Down 2.0 %

CF Industries stock traded down $1.75 during trading hours on Thursday, reaching $87.00. 1,767,579 shares of the company's stock were exchanged, compared to its average volume of 1,732,156. The firm's 50 day simple moving average is $87.16 and its 200 day simple moving average is $81.96. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $94.46. 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 firm has a market capitalization of $15.14 billion, a PE ratio of 13.77, a PEG ratio of 2.37 and a beta of 0.98.

CF Industries (NYSE:CF - Get Free Report) last released its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.05 by $0.50. The business had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm's revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 earnings per share. Research analysts predict that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current year.

Wall Street Analyst Weigh In

CF has been the subject of a number of research reports. Mizuho increased their price target on CF Industries from $76.00 to $93.00 and gave the company a "neutral" rating in a research note on Wednesday, October 9th. Redburn Atlantic initiated coverage on CF Industries in a research note on Friday, October 18th. They set a "neutral" rating and a $77.00 price target on the stock. Bank of America downgraded CF Industries from a "neutral" rating to an "underperform" rating and set a $83.00 price objective for the company. in a research note on Wednesday, October 16th. Wells Fargo & Company lifted their target price on shares of CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 24th. Finally, Piper Sandler upped their price target on shares of CF Industries from $77.00 to $79.00 and gave the company an "underweight" rating in a research report on Friday, November 8th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $90.38.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 3,500 shares of CF Industries stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the sale, the executive vice president now owns 62,768 shares of the company's stock, valued at approximately $5,828,636.48. This trade represents a 5.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Bert A. Frost sold 3,000 shares of the company's stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the transaction, the executive vice president now owns 103,155 shares in the company, valued at approximately $9,077,640. The trade was a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,500 shares of company stock worth $1,224,470 in the last quarter. Company insiders own 0.42% of the company's stock.

About CF Industries

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.