Insider Selling: CF Industries Holdings, Inc. (NYSE:CF) EVP Sells 2,000 Shares of Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the transaction, the executive vice president now owns 66,268 shares of the company’s stock, valued at approximately $5,964,120. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

CF Industries Trading Down 1.5 %

Shares of CF Industries stock opened at $86.82 on Wednesday. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $90.86. The company has a current ratio of 4.70, a quick ratio of 4.19 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $15.87 billion, a PE ratio of 14.42, a price-to-earnings-growth ratio of 2.38 and a beta of 0.95. The firm’s 50 day moving average is $81.07 and its 200 day moving average is $78.08.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.50. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the company earned $2.70 EPS. CF Industries’s quarterly revenue was down 11.4% compared to the same quarter last year. Equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.30%. CF Industries’s dividend payout ratio (DPR) is presently 33.22%.

Analyst Upgrades and Downgrades

CF has been the subject of a number of recent analyst reports. Royal Bank of Canada boosted their price objective on CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Wells Fargo & Company increased their price target on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Tuesday, September 24th. Scotiabank raised their price target on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research report on Monday, August 12th. UBS Group raised their price target on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. Finally, BMO Capital Markets lifted their price objective on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $87.60.

Institutional Trading of CF Industries

A number of hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of CF Industries by 401.2% during the second quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock valued at $269,729,000 after buying an additional 2,912,942 shares during the period. Boston Partners increased its position in CF Industries by 37.5% during the first quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock valued at $254,920,000 after acquiring an additional 835,557 shares during the last quarter. Goldman Sachs Group Inc. increased its position in CF Industries by 68.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,546,331 shares of the basic materials company’s stock worth $122,933,000 after buying an additional 630,264 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of CF Industries by 137.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 580,518 shares of the basic materials company’s stock worth $48,305,000 after purchasing an additional 335,624 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in CF Industries by 29.1% during the fourth quarter. Sei Investments Co. now owns 1,261,378 shares of the basic materials company’s stock valued at $100,282,000 after buying an additional 284,231 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.