CF Industries Holdings, Inc. (NYSE:CF) EVP Sells $144,000.00 in Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the completion of the sale, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

CF Industries Trading Down 0.2 %

CF Industries stock traded down $0.24 during mid-day trading on Friday, hitting $97.01. The company’s stock had a trading volume of 1,755,895 shares, compared to its average volume of 1,960,880. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The company has a 50 day moving average of $88.12 and a 200-day moving average of $82.63. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $98.25. The stock has a market cap of $16.88 billion, a PE ratio of 15.35, a P/E/G ratio of 0.69 and a beta of 0.98.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the firm posted $0.85 earnings per share. The company’s revenue was up 7.6% on a year-over-year basis. On average, research analysts anticipate that CF Industries Holdings, Inc. will post 6.38 EPS for the current year.

Hedge Funds Weigh In On CF Industries

A number of large investors have recently added to or reduced their stakes in CF. Wolff Wiese Magana LLC acquired a new stake in CF Industries in the third quarter valued at approximately $28,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries in the 3rd quarter worth $39,000. Quent Capital LLC grew its stake in CF Industries by 132.1% during the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after buying an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in CF Industries by 262.6% during the 3rd 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 in the last quarter. Finally, Kimelman & Baird LLC acquired a new position in CF Industries during the 2nd quarter valued at about $50,000. 93.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

CF has been the topic of several recent analyst reports. Piper Sandler upgraded shares of CF Industries from an “underweight” rating to an “overweight” rating and lifted their price target for the company from $79.00 to $105.00 in a report on Monday. Oppenheimer started coverage on shares of CF Industries in a research note on Thursday, December 12th. They set an “outperform” rating and a $114.00 target price on the stock. Wells Fargo & Company raised their price objective on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Tuesday, September 24th. Mizuho increased their target price on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Finally, Redburn Atlantic assumed coverage on shares of CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 target price on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $92.38.

About CF Industries

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.