Bert Frost Sells 10,000 Shares of CF Industries (NYSE:CF) Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Bert Frost sold 10,000 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $119.01, for a total transaction of $1,190,100.00. Following the completion of the sale, the executive vice president directly owned 87,256 shares in the company, valued at $10,384,336.56. This represents a 10.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

CF Industries Stock Down 4.0%

NYSE CF traded down $4.65 during trading hours on Monday, reaching $111.13. 10,262,451 shares of the company’s 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 firm has a market cap of $17.08 billion, a PE ratio of 12.35 and a beta of 0.68. The firm has a 50-day simple moving average of $91.41 and a 200 day simple moving average of $86.38. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.37 and a quick ratio of 2.93.

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 business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.78 billion. During the same quarter in the previous year, the firm posted $1.89 earnings per share. CF Industries’s quarterly revenue was up 22.8% on a year-over-year basis. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, February 13th. CF Industries’s payout ratio is currently 22.22%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in CF Industries by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock worth $1,368,000 after buying an additional 518 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in CF Industries by 161.1% during the 1st quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock valued at $928,000 after acquiring an additional 7,324 shares during the period. Woodline Partners LP boosted its holdings in shares of CF Industries by 40.7% during the 1st quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock valued at $1,149,000 after acquiring an additional 4,252 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of CF Industries by 21.8% during the 1st quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock valued at $278,000 after acquiring an additional 638 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of CF Industries by 141.6% in the first quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 463 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on CF shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CF Industries in a research report on Monday, December 29th. Scotiabank increased their target price on CF Industries from $82.00 to $85.00 and gave the stock a “sector perform” rating in a research note on Monday, February 23rd. JPMorgan Chase & Co. raised their price target on CF Industries from $80.00 to $94.00 and gave the company a “neutral” rating in a report on Friday, February 20th. UBS Group lifted their price target on CF Industries from $86.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Finally, Mizuho set a $95.00 price target on shares of CF Industries in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus 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.