SteelPeak Wealth LLC Acquires Shares of 32,901 CF Industries Holdings, Inc. $CF

SteelPeak Wealth LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 32,901 shares of the basic materials company’s stock, valued at approximately $2,951,000.

A number of other institutional investors have also made changes to their positions in the company. Trust Co. of Toledo NA OH acquired a new position in CF Industries in the second quarter worth $26,000. Harbor Capital Advisors Inc. lifted its position in shares of CF Industries by 78.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after buying an additional 128 shares during the last quarter. True Wealth Design LLC boosted its holdings in shares of CF Industries by 396.2% in the 3rd quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock valued at $35,000 after buying an additional 309 shares during the period. MUFG Securities EMEA plc bought a new stake in shares of CF Industries during the 2nd quarter valued at about $44,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in CF Industries during the second quarter worth about $46,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Trading Up 3.5%

NYSE:CF opened at $80.07 on Friday. The stock has a market cap of $12.49 billion, a price-to-earnings ratio of 9.65 and a beta of 0.69. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.99 and a current ratio of 2.27. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $104.45. The business has a fifty day moving average of $80.06 and a 200-day moving average of $86.25.

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Rothschild & Co Redburn lifted their target price on CF Industries from $78.00 to $86.00 in a research note on Monday, November 10th. Wolfe Research upgraded CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Wall Street Zen lowered CF Industries from a “buy” rating to a “hold” rating in a research report on Sunday, December 14th. Cibc Captl Mkts raised shares of CF Industries to a “hold” rating in a report on Tuesday, December 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of CF Industries in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $93.06.

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.