Insider Selling: CF Industries Holdings, Inc. (NYSE:CF) VP Sells 8,889 Shares of Stock

CF Industries Holdings, Inc. (NYSE:CF) VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the transaction, the vice president now owns 15,871 shares in the company, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

CF Industries Price Performance

Shares of CF stock traded down $0.54 during trading hours on Tuesday, reaching $94.96. 2,792,331 shares of the company were exchanged, compared to its average volume of 2,041,529. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $95.72. The stock’s fifty day moving average is $87.43 and its two-hundred day moving average is $82.28. The company has a market cap of $16.52 billion, a price-to-earnings ratio of 15.03, a P/E/G ratio of 2.37 and a beta of 0.98. 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 announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company had revenue of $1.37 billion for 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. CF Industries’s quarterly revenue was up 7.6% on a year-over-year basis. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CF Industries

Large investors have recently modified their holdings of the stock. Wolff Wiese Magana LLC acquired a new position in CF Industries in the third quarter valued at approximately $28,000. Brooklyn Investment Group acquired a new position in CF Industries in the third quarter valued at approximately $39,000. Quent Capital LLC lifted its holdings in CF Industries by 132.1% in the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after buying an additional 284 shares during the period. Kimelman & Baird LLC acquired a new position in CF Industries in the second quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC lifted its holdings in CF Industries by 262.6% in the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after buying an additional 478 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CF shares. Piper Sandler upgraded shares of CF Industries from an “underweight” rating to an “overweight” rating and boosted their price objective for the stock from $79.00 to $105.00 in a report on Monday. Redburn Atlantic started coverage on shares of CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 price objective on the stock. Mizuho boosted their price objective on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Barclays upped their target price on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, October 11th. Finally, Wells Fargo & Company upped their target price on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, CF Industries has an average rating of “Hold” and an average target price of $92.38.

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.