Ashraf K. Malik Sells 8,889 Shares of CF Industries Holdings, Inc. (NYSE:CF) Stock

CF Industries Holdings, Inc. (NYSE:CF) VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the transaction, the vice president now owns 15,871 shares in the company, valued at $1,507,745. This trade represents a 35.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

CF Industries Price Performance

CF Industries stock opened at $96.52 on Thursday. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $96.78. The company’s 50 day moving average price is $87.60 and its two-hundred day moving average price is $82.43. The stock has a market cap of $16.80 billion, a P/E ratio of 15.27, a P/E/G ratio of 2.37 and a beta of 0.98. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the company posted $0.85 earnings per share. CF Industries’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, equities analysts predict that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current year.

Institutional Trading of CF Industries

A number of large investors have recently added to or reduced their stakes in CF. Wolff Wiese Magana LLC bought a new position in shares of CF Industries during the 3rd quarter valued at approximately $28,000. Brooklyn Investment Group purchased a new position in CF Industries in the third quarter valued at approximately $39,000. Quent Capital LLC grew its holdings in CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 284 shares during the period. Kimelman & Baird LLC purchased a new stake in CF Industries in the second quarter worth $50,000. Finally, Catalyst Capital Advisors LLC raised its stake in shares of CF Industries by 262.6% in the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after buying an additional 478 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on CF shares. Royal Bank of Canada boosted their target price on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Wells Fargo & Company upped their target price on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. Redburn Atlantic assumed coverage on CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price for the company. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a report on Wednesday, October 16th. Finally, Barclays upped their target price on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $92.38.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.