Insider Selling: CF Industries Holdings, Inc. (NYSE:CF) EVP Sells 3,500 Shares of Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan L. Menzel sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total value of $325,010.00. Following the transaction, the executive vice president now directly owns 62,768 shares of the company’s stock, valued at $5,828,636.48. This trade represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

CF Industries Price Performance

Shares of CF Industries stock traded down $2.64 during trading on Wednesday, hitting $91.50. The stock had a trading volume of 1,896,553 shares, compared to its average volume of 2,063,357. The business has a fifty day moving average of $86.30 and a two-hundred day moving average of $80.10. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $94.46. The firm has a market cap of $15.92 billion, a P/E ratio of 14.50, a PEG ratio of 2.40 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 issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. CF Industries’s revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.85 EPS. On average, sell-side analysts expect that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.50 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.19%. CF Industries’s dividend payout ratio is currently 31.65%.

Institutional Investors Weigh In On CF Industries

Several large investors have recently modified their holdings of the stock. FMR LLC raised 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 during the period. Charles Schwab Investment Management Inc. raised 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 buying an additional 22,392 shares during the period. Victory Capital Management Inc. lifted its stake in 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 valued at $359,386,000 after buying an additional 549,569 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings 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 worth $212,823,000 after buying an additional 198,246 shares during the period. Finally, Earnest Partners LLC increased its position in shares of CF Industries by 2.8% in the second quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock worth $162,584,000 after acquiring an additional 59,674 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on CF shares. BMO Capital Markets upped their price objective on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Royal Bank of Canada increased their price objective on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a research report on Wednesday, October 16th. UBS Group boosted their price objective on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, August 26th. Finally, Barclays raised their target price on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and a consensus price target of $88.42.

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.