CF Industries (NYSE:CF) VP Sells $255,750.00 in Stock

CF Industries Holdings, Inc. (NYSE:CF) VP Erik Mayer sold 2,200 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $116.25, for a total value of $255,750.00. Following the sale, the vice president directly owned 7,841 shares in the company, valued at approximately $911,516.25. The trade was a 21.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CF Industries Stock Down 4.0%

Shares of CF stock traded down $4.65 during mid-day trading on Monday, hitting $111.13. 10,262,451 shares of the stock traded hands, compared to its average volume of 3,039,842. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $121.80. The stock has a market cap of $17.08 billion, a P/E ratio of 12.35 and a beta of 0.68. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.37 and a quick ratio of 2.93. The stock’s fifty day moving average is $91.41 and its two-hundred day moving average is $86.38.

CF Industries (NYSE:CF) last posted its quarterly earnings data 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 analyst estimates of $1.78 billion. During the same quarter in the previous year, the business posted $1.89 EPS. CF Industries’s revenue was up 22.8% on a year-over-year basis. Equities 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. Stockholders of record on Friday, February 13th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, February 13th. CF Industries’s dividend payout ratio is currently 22.22%.

Institutional Investors Weigh In On CF Industries

Several hedge funds have recently added to or reduced their stakes in CF. Corient Private Wealth LLC raised its stake in shares of CF Industries by 23.7% during the 4th quarter. Corient Private Wealth LLC now owns 26,623 shares of the basic materials company’s stock valued at $2,059,000 after buying an additional 5,100 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in CF Industries by 18,480.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 929 shares of the basic materials company’s stock valued at $72,000 after acquiring an additional 924 shares in the last quarter. MidFirst Bank acquired a new position in CF Industries in the fourth quarter valued at approximately $101,000. SG Trading Solutions LLC acquired a new stake in shares of CF Industries during the 4th quarter worth approximately $1,440,000. Finally, Kera Capital Partners Inc. increased its holdings in shares of CF Industries by 115.1% during 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 in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $103.00 target price on shares of CF Industries in a research report on Friday, February 20th. Scotiabank upped their price objective on shares of CF Industries from $82.00 to $85.00 and gave the company a “sector perform” rating in a report on Monday, February 23rd. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. Bank of America cut their price target on shares of CF Industries from $83.00 to $78.00 and set an “underperform” rating on the stock in a research note on Thursday, January 8th. Finally, Barclays raised their price target on shares of CF Industries from $100.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, March 3rd. One research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $96.87.

CF Industries Company Profile

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.