CF Industries Holdings, Inc. (NYSE:CF) EVP Bert A. Frost Sells 3,000 Shares

CF Industries Holdings, Inc. (NYSE:CF) EVP Bert A. Frost sold 3,000 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the completion of the transaction, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at $9,077,640. This represents a 2.83 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

CF Industries Price Performance

Shares of NYSE CF opened at $89.81 on Friday. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $91.06. The firm has a market capitalization of $15.63 billion, a PE ratio of 14.21, a P/E/G ratio of 2.39 and a beta of 0.97. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The business’s fifty day moving average price is $85.04 and its two-hundred day moving average price is $79.20.

CF Industries (NYSE:CF) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $1.28 billion. During the same period last year, the firm posted $0.85 EPS. CF Industries’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, research analysts expect that CF Industries Holdings, Inc. will post 6.32 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.23%. The ex-dividend date is Friday, November 15th. CF Industries’s dividend payout ratio is currently 31.65%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Coldstream Capital Management Inc. grew its position in CF Industries by 4.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock valued at $247,000 after buying an additional 135 shares in the last quarter. First Horizon Advisors Inc. increased its stake in shares of CF Industries by 8.5% during the second quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock valued at $139,000 after acquiring an additional 146 shares during the period. Massmutual Trust Co. FSB ADV lifted its position in CF Industries by 28.1% in the second quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 167 shares during the period. PNC Financial Services Group Inc. boosted its stake in CF Industries by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock valued at $2,004,000 after purchasing an additional 179 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in shares of CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after buying an additional 191 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. UBS Group increased their target price on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. Redburn Atlantic started coverage on shares of CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 price objective for the company. Mizuho increased their price target on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Bank of America downgraded CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a research note on Wednesday, October 16th. Finally, Piper Sandler increased their target price on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus target price of $88.42.

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.