CF Industries Holdings, Inc. $CF Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lowered its stake in CF Industries Holdings, Inc. (NYSE:CF) by 4.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 156,266 shares of the basic materials company’s stock after selling 7,851 shares during the quarter. New York State Teachers Retirement System owned approximately 0.10% of CF Industries worth $14,017,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of CF. Planned Solutions Inc. increased its stake in shares of CF Industries by 3.5% during the 2nd quarter. Planned Solutions Inc. now owns 3,393 shares of the basic materials company’s stock valued at $312,000 after acquiring an additional 114 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of CF Industries by 0.8% in the 2nd quarter. Nordea Investment Management AB now owns 15,262 shares of the basic materials company’s stock valued at $1,395,000 after acquiring an additional 114 shares during the period. Harbor Capital Advisors Inc. lifted its position in shares of CF Industries by 78.0% during the third 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 in the last quarter. Farther Finance Advisors LLC grew its holdings in CF Industries by 7.7% during 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 in the last quarter. Finally, First Horizon Advisors Inc. grew its position in shares of CF Industries by 8.7% during the second quarter. First Horizon Advisors Inc. now owns 1,854 shares of the basic materials company’s stock worth $171,000 after buying an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

NYSE CF opened at $82.82 on Wednesday. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $104.45. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. The company has a market cap of $12.92 billion, a P/E ratio of 9.98 and a beta of 0.69. The company has a fifty day simple moving average of $79.53 and a 200 day simple moving average of $85.33.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.13. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the company earned $1.55 earnings per share. The company’s quarterly revenue was up 21.1% compared to the same quarter last year. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on CF shares. Weiss Ratings reiterated a “hold (c)” rating on shares of CF Industries in a research note on Monday, December 29th. Mizuho lowered their target price on CF Industries from $92.00 to $88.00 and set a “neutral” rating on the stock in a research report on Thursday, December 18th. BNP Paribas Exane decreased their price objective on shares of CF Industries from $90.00 to $80.00 and set a “neutral” rating for the company in a report on Monday, November 24th. HSBC decreased their target price on CF Industries from $95.00 to $91.00 and set a “hold” rating for the company in a research note on Monday, November 24th. Finally, CIBC initiated coverage on CF Industries in a research note on Tuesday, December 2nd. They issued a “neutral” rating and a $87.00 price target on the stock. One 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 assigned a Sell rating to the stock. According to MarketBeat, CF Industries has an average rating of “Hold” and a consensus 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.