Insider Selling: CF Industries Holdings, Inc. (NYSE:CF) VP Sells 7,000 Shares of Stock

CF Industries Holdings, Inc. (NYSE:CF) VP Ashraf K. Malik sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $90.78, for a total value of $635,460.00. Following the completion of the transaction, the vice president now owns 22,211 shares in the company, valued at approximately $2,016,314.58. The trade was a 23.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

CF Industries Price Performance

Shares of NYSE CF traded down $0.85 during mid-day trading on Friday, reaching $89.79. 1,349,495 shares of the company traded hands, compared to its average volume of 2,070,135. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $91.06. The firm has a market cap of $15.63 billion, a PE ratio of 14.34, a price-to-earnings-growth ratio of 2.31 and a beta of 0.97. The stock has a fifty day simple moving average of $85.04 and a 200-day simple moving average of $79.20. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the business earned $0.85 earnings per share. The business’s quarterly revenue was up 7.6% on a year-over-year basis. Equities research analysts anticipate that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently disclosed 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Friday, November 15th. CF Industries’s dividend payout ratio is currently 31.65%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CF. Mizuho upped their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Barclays lifted their price objective on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Wells Fargo & Company raised their price objective on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 24th. Royal Bank of Canada lifted their price objective on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Finally, UBS Group increased their price target on shares of CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus target price of $88.42.

Hedge Funds Weigh In On CF Industries

Large investors have recently added to or reduced their stakes in the company. FMR LLC lifted its position in shares of CF Industries by 3.8% during the third quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after purchasing an additional 300,050 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in CF Industries by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock worth $477,668,000 after acquiring an additional 22,392 shares during the period. Victory Capital Management Inc. raised its holdings in shares of CF Industries by 15.1% during the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock worth $359,386,000 after acquiring an additional 549,569 shares during the period. Boston Partners increased its position in shares of CF Industries by 37.5% during the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock worth $254,920,000 after purchasing an additional 835,557 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of CF Industries by 7.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company’s stock valued at $212,823,000 after purchasing an additional 198,246 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Company Profile

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.