Sippican Capital Advisors Has $1.18 Million Stake in CF Industries Holdings, Inc. (CF)

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Sippican Capital Advisors cut its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,974 shares of the basic materials company’s stock after selling 333 shares during the quarter. CF Industries makes up approximately 1.4% of Sippican Capital Advisors’ holdings, making the stock its 24th largest holding. Sippican Capital Advisors’ holdings in CF Industries were worth $1,184,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Norges Bank purchased a new stake in CF Industries during the 4th quarter valued at $76,365,000. Oregon Public Employees Retirement Fund boosted its position in CF Industries by 4,197.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,101,238 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 1,075,614 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in CF Industries by 27.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,800,856 shares of the basic materials company’s stock worth $208,884,000 after acquiring an additional 1,047,650 shares during the last quarter. BlackRock Inc. boosted its position in CF Industries by 4.8% during the fourth quarter. BlackRock Inc. now owns 20,782,498 shares of the basic materials company’s stock worth $904,247,000 after acquiring an additional 960,630 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in CF Industries by 27.4% during the fourth quarter. Geode Capital Management LLC now owns 4,022,001 shares of the basic materials company’s stock worth $174,768,000 after acquiring an additional 865,928 shares during the last quarter. 95.73% of the stock is currently owned by institutional investors.

CF has been the topic of a number of analyst reports. BMO Capital Markets reaffirmed a “buy” rating and set a $55.00 target price on shares of CF Industries in a research note on Tuesday, January 8th. Citigroup cut their price objective on shares of CF Industries from $60.00 to $51.00 and set a “buy” rating for the company in a research report on Monday, January 7th. ValuEngine upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a research report on Friday, December 21st. Zacks Investment Research downgraded shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Monday, December 31st. Finally, Berenberg Bank set a $43.00 price target on shares of CF Industries and gave the company a “hold” rating in a report on Tuesday, March 26th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $51.58.

CF Industries stock traded up $0.92 during mid-day trading on Wednesday, hitting $44.78. The stock had a trading volume of 2,007,005 shares, compared to its average volume of 2,293,673. The stock has a market cap of $9.78 billion, a price-to-earnings ratio of 36.11, a P/E/G ratio of 3.31 and a beta of 0.71. CF Industries Holdings, Inc. has a 12 month low of $37.02 and a 12 month high of $56.51. The company has a quick ratio of 1.37, a current ratio of 1.81 and a debt-to-equity ratio of 0.82.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, February 13th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.30). CF Industries had a return on equity of 4.66% and a net margin of 6.55%. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter last year, the business posted ($0.02) EPS. CF Industries’s quarterly revenue was up 3.0% on a year-over-year basis. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 2.16 EPS for the current year.

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About CF Industries

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as 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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