CF Industries Holdings, Inc. (NYSE:CF) EVP Susan L. Menzel Sells 1,500 Shares of Stock

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

CF Industries Stock Performance

Shares of CF stock opened at $97.01 on Friday. The stock’s 50-day moving average is $88.39 and its two-hundred day moving average is $82.79. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The firm has a market cap of $16.88 billion, a price-to-earnings ratio of 15.35, a PEG ratio of 0.69 and a beta of 0.98.

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 analysts’ consensus estimates of $1.05 by $0.50. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.85 earnings per share. Analysts predict that CF Industries Holdings, Inc. will post 6.38 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Wolff Wiese Magana LLC purchased a new position in CF Industries in the 3rd quarter valued at $28,000. Brooklyn Investment Group purchased a new stake in shares of CF Industries in the third quarter valued at about $39,000. Quent Capital LLC increased its stake in shares of CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 284 shares during the period. Catalyst Capital Advisors LLC raised its holdings in CF Industries by 262.6% during the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 478 shares in the last quarter. Finally, Kimelman & Baird LLC acquired a new stake in CF Industries in the second quarter valued at about $50,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CF has been the topic of several recent research reports. Barclays upped their target price on shares of CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Royal Bank of Canada increased their price objective on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Bank of America lowered CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a report on Wednesday, October 16th. Wells Fargo & Company increased their price target on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. Finally, Piper Sandler raised CF Industries from an “underweight” rating to an “overweight” rating and boosted their price objective for the stock from $79.00 to $105.00 in a research report on Monday, January 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus 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.