CF Industries (NYSE:CF) EVP Susan Menzel Sells 3,215 Shares

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan Menzel sold 3,215 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $97.00, for a total transaction of $311,855.00. Following the transaction, the executive vice president directly owned 87,861 shares of the company’s stock, valued at $8,522,517. The trade was a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

CF Industries Stock Performance

Shares of NYSE:CF traded up $2.30 during trading hours on Friday, hitting $99.46. The stock had a trading volume of 2,700,709 shares, compared to its average volume of 2,455,469. The stock’s fifty day simple moving average is $87.93 and its 200 day simple moving average is $85.43. The firm has a market capitalization of $15.51 billion, a price-to-earnings ratio of 11.05 and a beta of 0.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.93 and a current ratio of 3.37. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $105.27.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.06. The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.78 billion. CF Industries had a return on equity of 19.84% and a net margin of 20.54%.The business’s revenue for the quarter was up 22.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.89 EPS. Sell-side analysts anticipate 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 announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.00 annualized dividend and a yield of 2.0%. CF Industries’s dividend payout ratio is currently 22.22%.

Wall Street Analyst Weigh In

CF has been the subject of several research reports. Bank of America reduced their price objective on CF Industries from $83.00 to $78.00 and set an “underperform” rating for the company in a research note on Thursday, January 8th. Wolfe Research upgraded CF Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Royal Bank Of Canada raised their target price on shares of CF Industries from $95.00 to $100.00 and gave the stock a “sector perform” rating in a report on Monday. Wells Fargo & Company upped their price target on shares of CF Industries from $100.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Finally, Scotiabank boosted their target price on shares of CF Industries from $82.00 to $85.00 and gave the company a “sector perform” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus price target of $95.53.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Ensign Peak Advisors Inc raised its stake in shares of CF Industries by 24.4% in the 2nd quarter. Ensign Peak Advisors Inc now owns 95,289 shares of the basic materials company’s stock valued at $8,767,000 after acquiring an additional 18,666 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of CF Industries by 11.5% in the third quarter. Principal Financial Group Inc. now owns 232,647 shares of the basic materials company’s stock valued at $20,868,000 after purchasing an additional 23,942 shares during the period. Inspire Advisors LLC acquired a new stake in shares of CF Industries in the third quarter worth $677,000. Envestnet Asset Management Inc. boosted its holdings in shares of CF Industries by 5.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 276,542 shares of the basic materials company’s stock worth $25,442,000 after buying an additional 15,291 shares during the period. Finally, Assetmark Inc. grew its stake in CF Industries by 878.2% in the 3rd quarter. Assetmark Inc. now owns 17,941 shares of the basic materials company’s stock valued at $1,609,000 after buying an additional 16,107 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.