Susan Menzel Sells 7,200 Shares of CF Industries (NYSE:CF) Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan Menzel sold 7,200 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $111.00, for a total value of $799,200.00. Following the transaction, the executive vice president directly owned 73,803 shares in the company, valued at $8,192,133. The trade was a 8.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

CF Industries Stock Performance

CF traded down $4.65 during trading hours on Monday, reaching $111.13. The company’s stock had a trading volume of 10,262,451 shares, compared to its average volume of 3,039,842. The company’s 50-day moving average is $91.41 and its 200-day moving average is $86.38. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $121.80. The firm has a market cap of $17.08 billion, a PE ratio of 12.35 and a beta of 0.68. 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 (NYSE:CF) last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $2.59 EPS for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the business posted $1.89 earnings per share. The company’s revenue for the quarter was up 22.8% compared to the same quarter last year. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.00 annualized dividend and a dividend yield of 1.8%. CF Industries’s payout ratio is presently 22.22%.

Institutional Trading of CF Industries

A number of institutional investors have recently bought and sold shares of the business. State Street Corp increased its holdings in shares of CF Industries by 2.1% during the second quarter. State Street Corp now owns 7,982,072 shares of the basic materials company’s stock worth $734,351,000 after purchasing an additional 165,833 shares during the period. Victory Capital Management Inc. boosted its stake in shares of CF Industries by 10.6% in the third quarter. Victory Capital Management Inc. now owns 5,013,846 shares of the basic materials company’s stock valued at $449,742,000 after buying an additional 480,126 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of CF Industries by 37.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock valued at $333,501,000 after buying an additional 1,178,516 shares during the period. Boston Partners grew its position in CF Industries by 15.3% during the third quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock worth $321,852,000 after buying an additional 476,769 shares in the last quarter. Finally, Invesco Ltd. grew its position in CF Industries by 12.0% during the fourth quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock worth $276,123,000 after buying an additional 381,716 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on CF. Rothschild & Co Redburn set a $72.00 price target on shares of CF Industries in a report on Wednesday, February 4th. Royal Bank Of Canada upped their target price on CF Industries from $95.00 to $100.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. BNP Paribas Exane increased their target price on CF Industries from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Monday, February 23rd. Wall Street Zen cut CF Industries from a “buy” rating to a “hold” rating in a report on Sunday, December 14th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $103.00 price target on shares of CF Industries in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $96.87.

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.