Ashraf K. Malik Sells 7,201 Shares of CF Industries Holdings, Inc. (NYSE:CF) Stock

CF Industries Holdings, Inc. (NYSE:CF) VP Ashraf K. Malik sold 7,201 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the transaction, the vice president now directly owns 29,211 shares of the company’s stock, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

CF Industries Trading Up 0.7 %

Shares of NYSE:CF opened at $87.45 on Thursday. The company’s 50-day moving average price is $81.30 and its two-hundred day moving average price is $78.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $90.86. The stock has a market capitalization of $15.98 billion, a PE ratio of 14.53, a price-to-earnings-growth ratio of 2.38 and a beta of 0.95.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, topping the consensus estimate of $1.80 by $0.50. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The company’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.70 EPS. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.29%. CF Industries’s payout ratio is 33.22%.

Institutional Investors Weigh In On CF Industries

Institutional investors and hedge funds have recently modified their holdings of the company. Westside Investment Management Inc. bought a new stake in shares of CF Industries in the 1st quarter valued at about $25,000. Quent Capital LLC grew its stake in CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after buying an additional 284 shares during the last quarter. UMB Bank n.a. grew its stake in CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after buying an additional 191 shares during the last quarter. Kimelman & Baird LLC acquired a new position in CF Industries in the 2nd quarter valued at about $50,000. Finally, nVerses Capital LLC grew its stake in CF Industries by 250.0% in the 2nd quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock valued at $52,000 after buying an additional 500 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CF has been the subject of a number of research analyst reports. Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $80.00 to $90.00 in a research note on Friday, August 16th. Wells Fargo & Company upped their target price on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 24th. Royal Bank of Canada upped their target price on shares of CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Mizuho upped their target price on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, UBS Group upped their target price on shares of CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $88.09.

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.