CF Industries (NYSE:CF) SVP Michael Patrick Mcgrane Sells 3,666 Shares

CF Industries Holdings, Inc. (NYSE:CF) SVP Michael Patrick Mcgrane sold 3,666 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $116.50, for a total value of $427,089.00. Following the completion of the transaction, the senior vice president owned 19,161 shares of the company’s stock, valued at $2,232,256.50. This represents a 16.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Michael Patrick Mcgrane also recently made the following trade(s):

• On Tuesday, March 3rd, Michael Patrick Mcgrane sold 2,766 shares of CF Industries stock. The shares were sold at an average price of $105.36, for a total value of $291,425.76.

CF Industries Price Performance

Shares of NYSE:CF opened at $111.13 on Tuesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.93 and a current ratio of 3.37. The firm has a market cap of $17.08 billion, a price-to-earnings ratio of 12.35 and a beta of 0.68. The business has a 50-day simple moving average of $92.08 and a two-hundred day simple moving average of $86.56. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $121.80.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $2.59 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter last year, the firm posted $1.89 EPS. The business’s quarterly revenue was up 22.8% compared to the same quarter last year. On average, analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

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 $0.50 dividend. The ex-dividend date was Friday, February 13th. This represents a $2.00 annualized dividend and a yield of 1.8%. CF Industries’s dividend payout ratio (DPR) is currently 22.22%.

CF Industries News Roundup

Here are the key news stories impacting CF Industries this week:

• Positive Sentiment: Local PR/community engagement: CF Industries was highlighted for its participation and wins at the Sarnia Canstruction fundraiser — modest reputational/ESG positive. CF Industries cleans up at Sarnia Canstruction fundraiser awards
• Neutral Sentiment: Media recap of insider activity: American Banking News published a summary of the insider sales; useful for context but largely a repeat of SEC disclosures. Insider Selling: CF Industries (NYSE:CF) EVP Sells $415,236.26 in Stock
• Negative Sentiment: Large EVP sale — Bert A. Frost sold 10,000 shares on Mar. 6 at ~$119 and 5,534 shares on Mar. 9 at ~$116 (total >15k shares; proceeds ≈ $1.83M in those filings). Investors often view repeated sales by senior execs as a negative signal about near-term outlook or as portfolio diversification. SEC filing — Bert A. Frost
• Negative Sentiment: Multiple other officer sales: VP Richard A. Hoker (6,184 sh @ ~$109), VP Ashraf K. Malik (2,439 sh @ ~$111), VP Erik M. Mayer (2,200 sh @ ~$116), EVP Susan L. Menzel (7,200 sh @ ~$111) and SVP Michael P. McGrane (3,666 sh @ ~$116) — combined reported proceeds across these filings bring total disclosed insider sales this week to roughly $4.26M. These represent meaningful percentage reductions in several officers’ holdings. SEC filing — Richard A. Hoker SEC filing — Ashraf K. Malik SEC filing — Erik M. Mayer SEC filing — Susan L. Menzel SEC filing — Michael P. McGrane

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CF. The Goldman Sachs Group reissued a “neutral” rating and set a $103.00 price target on shares of CF Industries in a report on Friday, February 20th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and issued a $100.00 price objective on shares of CF Industries in a report on Friday, February 20th. UBS Group upped their price objective on CF Industries from $86.00 to $97.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. Weiss Ratings reissued a “hold (c)” rating on shares of CF Industries in a report on Monday, December 29th. Finally, Scotiabank raised their target price on CF Industries from $82.00 to $85.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, CF Industries has a consensus rating of “Hold” and an average target price of $96.87.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CF. Norges Bank bought a new stake in CF Industries in the fourth quarter worth $193,657,000. Dimensional Fund Advisors LP lifted its position in CF Industries by 37.6% during 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 purchasing an additional 1,178,516 shares during the last quarter. Worldquant Millennium Advisors LLC purchased a new position in shares of CF Industries in the 2nd quarter worth $96,560,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of CF Industries by 926.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,118,446 shares of the basic materials company’s stock worth $102,897,000 after buying an additional 1,009,455 shares during the last quarter. Finally, Caisse de depot et placement du Quebec increased its holdings in shares of CF Industries by 52.4% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 1,775,106 shares of the basic materials company’s stock worth $159,227,000 after buying an additional 610,259 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

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.