VIRGINIA RETIREMENT SYSTEMS ET Al Trims Holdings in CF Industries Holdings, Inc. $CF

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 12.9% in the third quarter, HoldingsChannel reports. The firm owned 597,518 shares of the basic materials company’s stock after selling 88,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in CF Industries were worth $53,597,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Planned Solutions Inc. increased its stake in shares of CF Industries by 3.5% during the second quarter. Planned Solutions Inc. now owns 3,393 shares of the basic materials company’s stock valued at $312,000 after buying an additional 114 shares during the period. Nordea Investment Management AB boosted its holdings in CF Industries by 0.8% in the second 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 in the last quarter. Harbor Capital Advisors Inc. increased its position in CF Industries by 78.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 128 shares during the period. Rowlandmiller & PARTNERS.ADV raised its holdings in CF Industries by 4.1% in the 2nd quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company’s stock worth $306,000 after purchasing an additional 130 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock worth $169,000 after purchasing an additional 131 shares during the period. 93.06% of the stock is currently owned by institutional investors.

CF Industries Price Performance

Shares of NYSE CF opened at $76.91 on Wednesday. The company has a 50 day simple moving average of $80.56 and a two-hundred day simple moving average of $86.52. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The company has a market capitalization of $12.00 billion, a price-to-earnings ratio of 9.27 and a beta of 0.68. 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 (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. The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.59 billion. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.The business’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.55 EPS. Analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CF. Royal Bank Of Canada cut their target price on shares of CF Industries from $95.00 to $90.00 and set a “sector perform” rating on the stock in a research note on Wednesday, December 10th. The Goldman Sachs Group cut their price objective on CF Industries from $94.00 to $90.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 16th. Rothschild & Co Redburn increased their target price on CF Industries from $78.00 to $86.00 in a research report on Monday, November 10th. CIBC assumed coverage on CF Industries in a research note on Tuesday, December 2nd. They issued a “neutral” rating and a $87.00 target price for the company. Finally, Zacks Research lowered CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price 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.