Insider Selling: CF Industries (NYSE:CF) EVP Sells $311,855.00 in Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan Menzel sold 3,215 shares of the business’s stock in a transaction on 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 approximately $8,522,517. This trade represents a 3.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

CF Industries Stock Up 2.4%

CF stock opened at $99.46 on Monday. The stock has a market cap of $15.28 billion, a PE ratio of 11.05 and a beta of 0.68. The firm’s 50-day simple moving average is $88.34 and its 200 day simple moving average is $85.56. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $105.27. The company has a quick ratio of 2.93, a current ratio of 3.37 and a debt-to-equity ratio of 0.41.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 18th. The basic materials company reported $2.59 EPS for the quarter, topping the consensus estimate of $2.53 by $0.06. CF Industries had a net margin of 20.54% and a return on equity of 19.84%. The firm had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.78 billion. During the same quarter in the prior year, the firm earned $1.89 EPS. CF Industries’s quarterly revenue was up 22.8% on a year-over-year basis. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, February 13th. CF Industries’s dividend payout ratio is 22.22%.

Institutional Trading of CF Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in CF. MidFirst Bank acquired a new stake in shares of CF Industries during the 4th quarter valued at $101,000. SG Trading Solutions LLC purchased a new stake in shares of CF Industries during the fourth quarter valued at $1,440,000. Kera Capital Partners Inc. boosted its position in shares of CF Industries by 115.1% in the 4th quarter. Kera Capital Partners Inc. now owns 5,987 shares of the basic materials company’s stock valued at $463,000 after purchasing an additional 3,204 shares during the period. MV Capital Management Inc. purchased a new position in CF Industries in the 4th quarter worth about $52,000. Finally, Sunbelt Securities Inc. raised its holdings in CF Industries by 201.7% during the 4th quarter. Sunbelt Securities Inc. now owns 899 shares of the basic materials company’s stock worth $70,000 after buying an additional 601 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CF shares. Wall Street Zen cut CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. Zacks Research downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. UBS Group increased their target price on shares of CF Industries from $86.00 to $97.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. The Goldman Sachs Group reissued a “neutral” rating and set a $103.00 target price on shares of CF Industries in a research note on Friday, February 20th. Finally, BNP Paribas Exane boosted their price target on shares of CF Industries from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $95.53.

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.