CF Industries Holdings, Inc. (NYSE:CF) VP Ashraf K. Malik Sells 7,000 Shares

CF Industries Holdings, Inc. (NYSE:CF) VP Ashraf K. Malik sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the transaction, the vice president now owns 22,211 shares of the company’s stock, valued at approximately $2,016,314.58. This trade represents a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

CF Industries Stock Down 0.9 %

Shares of CF opened at $89.79 on Monday. 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 stock has a market capitalization of $15.63 billion, a price-to-earnings ratio of 14.21, a price-to-earnings-growth ratio of 2.39 and a beta of 0.97. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $91.06. The business’s 50 day simple moving average is $85.25 and its 200-day simple moving average is $79.38.

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

CF Industries Dividend Announcement

The business also recently declared 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries’s payout ratio is presently 31.65%.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Mizuho increased their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. Barclays boosted their price objective on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Piper Sandler increased their target price on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a research report on Friday, November 8th. Finally, BMO Capital Markets boosted their price target on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. 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. Based on data from MarketBeat, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $88.42.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CF. FMR LLC grew its position in shares of CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock worth $711,003,000 after buying an additional 300,050 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in CF Industries by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock worth $477,668,000 after acquiring an additional 22,392 shares in the last quarter. Victory Capital Management Inc. increased its position in CF Industries by 15.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after purchasing an additional 549,569 shares during the period. Boston Partners raised its holdings in shares of CF Industries by 37.5% in the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock valued at $254,920,000 after purchasing an additional 835,557 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in CF Industries by 7.4% during the second quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company’s stock valued at $212,823,000 after buying an additional 198,246 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

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.