Susan Menzel Sells 3,215 Shares of CF Industries (NYSE:CF) Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan Menzel sold 3,215 shares of CF Industries stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $97.00, for a total transaction of $311,855.00. Following the transaction, the executive vice president directly owned 87,861 shares in the company, valued at $8,522,517. This trade represents a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

CF Industries Price Performance

CF stock opened at $99.46 on Friday. The firm has a market cap of $15.28 billion, a P/E ratio of 11.05 and a beta of 0.70. The firm’s fifty day moving average is $88.34 and its 200 day moving average is $85.56. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $105.27. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.93 and a current ratio of 3.37.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.06. CF Industries had a net margin of 20.54% and a return on equity of 19.84%. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.78 billion. During the same period in the previous year, the firm posted $1.89 earnings per share. The firm’s revenue for the quarter was up 22.8% on a year-over-year basis. Research analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 13th. This represents a $2.00 annualized dividend and a yield of 2.0%. CF Industries’s dividend payout ratio is currently 22.22%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Royal Bank Of Canada boosted their price objective on CF Industries from $95.00 to $100.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. Wells Fargo & Company lifted their target price on shares of CF Industries from $100.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. The Goldman Sachs Group reiterated a “neutral” rating and set a $103.00 price target on shares of CF Industries in a report on Friday, February 20th. UBS Group raised their price target on shares of CF Industries from $86.00 to $97.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, HSBC decreased their price objective on shares of CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a research report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $95.53.

Institutional Trading of CF Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. MidFirst Bank purchased a new position in shares of CF Industries during the 4th quarter worth approximately $101,000. SG Trading Solutions LLC bought a new stake in shares of CF Industries during the fourth quarter valued at approximately $1,440,000. Kera Capital Partners Inc. boosted its position in shares of CF Industries by 115.1% during the fourth quarter. Kera Capital Partners Inc. now owns 5,987 shares of the basic materials company’s stock valued at $463,000 after purchasing an additional 3,204 shares in the last quarter. MV Capital Management Inc. purchased a new stake in CF Industries in the fourth quarter worth $52,000. Finally, Sunbelt Securities Inc. grew its stake in CF Industries by 201.7% in the fourth quarter. Sunbelt Securities Inc. now owns 899 shares of the basic materials company’s stock worth $70,000 after purchasing an additional 601 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.