CF IndustriesCF
Market Cap: $14.2B
About: CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost US natural gas as its feedstock, making CF one of the lowest-cost nitrogen producers globally. The company is also investing in carbon-free blue and green ammonia, which can be used an alternative fuel to hydrogen or as a means to transport hydrogen.
Employees: 2,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1.31% less ownership
Funds ownership: 94.43% [Q1] → 93.12% (-1.31%) [Q2]
6% less funds holding
Funds holding: 720 [Q1] → 674 (-46) [Q2]
14% less capital invested
Capital invested by funds: $14.8B [Q1] → $12.6B (-$2.13B) [Q2]
23% less repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 302
44% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 105
50% less call options, than puts
Call options by funds: $231M | Put options by funds: $464M
60% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 2 (-3) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
UBS John Roberts 67% 1-year accuracy 18 / 27 met price target | 8%upside $85 | Neutral Maintained | 26 Aug 2024 |
Barclays Benjamin Theurer 44% 1-year accuracy 12 / 27 met price target | 15%upside $90 | Overweight Upgraded | 16 Aug 2024 |
Scotiabank Ben Isaacson 15% 1-year accuracy 2 / 13 met price target | 12%upside $88 | Sector Perform Maintained | 12 Aug 2024 |
RBC Capital Andrew Wong 33% 1-year accuracy 3 / 9 met price target | 21%upside $95 | Outperform Maintained | 12 Aug 2024 |
B of A Securities Steve Byrne 45% 1-year accuracy 9 / 20 met price target | 6%upside $83 | Neutral Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 6 articles about CF published over the past 30 days