8,898 CF Industries Holdings, Inc. $CF Shares Acquired by Bank & Trust Co

Key Points

• Bank & Trust Co. increased its CF Industries stake by 242.1% in the third quarter, acquiring 8,898 additional shares and ending the period with a position worth approximately $1.55 million. Institutional investors collectively own 93.06% of the company.
• Analysts maintain a consensus “Hold” rating on CF Industries, with an average price target of $121.11. Ratings include two Strong Buys, six Buys, twelve Holds and three Sells.
• CF Industries shares recently fell 1.1% to $114.69. The company’s latest quarterly results missed expectations, reporting $4.73 in adjusted EPS versus a $5.63 consensus estimate, although revenue increased 17.6% year over year to $2.22 billion.

Bank & Trust Co raised its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 242.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,574 shares of the basic materials company's stock after buying an additional 8,898 shares during the period. Bank & Trust Co's holdings in CF Industries were worth $1,551,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its stake in CF Industries by 20,006.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 150,194 shares of the basic materials company's stock worth $19,025,000 after purchasing an additional 149,447 shares during the period. S&CO Inc. purchased a new stake in shares of CF Industries during the second quarter valued at $2,630,000. Teamwork Financial Advisors LLC purchased a new stake in shares of CF Industries during the second quarter valued at $10,108,000. Saudi Central Bank grew its holdings in shares of CF Industries by 86.8% in the second quarter. Saudi Central Bank now owns 10,753 shares of the basic materials company's stock worth $1,164,000 after purchasing an additional 4,996 shares during the last quarter. Finally, Deane Retirement Strategies Inc. grew its holdings in shares of CF Industries by 27.1% in the second quarter. Deane Retirement Strategies Inc. now owns 62,022 shares of the basic materials company's stock worth $6,708,000 after purchasing an additional 13,220 shares during the last quarter. Institutional investors own 93.06% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on CF. Rothschild & Co Redburn raised shares of CF Industries from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $98.00 to $110.00 in a research report on Monday, September 28th. KeyCorp initiated coverage on shares of CF Industries in a research note on Thursday, September 10th. They set an "underweight" rating and a $115.00 price target for the company. set a $115.00 price target on CF Industries and gave the company a "sector perform" rating in a report on Monday. BMO Capital Markets dropped their price objective on CF Industries from $140.00 to $135.00 and set an "outperform" rating on the stock in a research note on Tuesday, June 30th. Finally, Wall Street Zen downgraded CF Industries from a "buy" rating to a "hold" rating in a report on Saturday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $121.11.

CF Industries Stock Down 1.1%

CF Industries stock traded down $1.33 during midday trading on Wednesday, hitting $114.69. 742,100 shares of the company's stock were exchanged, compared to its average volume of 3,266,162. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. The company has a market cap of $17.36 billion, a PE ratio of 8.49, a P/E/G ratio of 0.23 and a beta of 0.53. The firm has a 50-day moving average of $124.39 and a two-hundred day moving average of $120.89. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter in the prior year, the firm posted $2.37 EPS. The company's revenue for the quarter was up 17.6% compared to the same quarter last year. As a group, analysts expect that CF Industries Holdings, Inc. will post 13.9 earnings per share for the current fiscal year.

CF Industries Profile

CF Industries Holdings, Inc NYSE: CF is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.

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