CF Industries Holdings, Inc. (NYSE:CF) VP Ashraf K. Malik Sells 8,889 Shares of Stock

CF Industries Holdings, Inc. (NYSE:CF) VP Ashraf K. Malik sold 8,889 shares of CF Industries stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now directly owns 15,871 shares of the company’s stock, valued at $1,507,745. This represents a 35.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

CF Industries Stock Down 0.6 %

CF stock opened at $94.96 on Wednesday. The stock has a market capitalization of $16.52 billion, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $87.43 and a 200-day moving average price of $82.28. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $95.72.

CF Industries (NYSE:CF) last issued its earnings results 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 firm had revenue of $1.37 billion for 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%. The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the business posted $0.85 earnings per share. As a group, equities research analysts anticipate that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CF. Wells Fargo & Company lifted their price objective 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. Redburn Atlantic began coverage on CF Industries in a research note on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target for the company. Oppenheimer initiated coverage on CF Industries in a research note on Thursday, December 12th. They set an “outperform” rating and a $114.00 price objective on the stock. Royal Bank of Canada lifted their price objective on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Finally, Bank of America cut CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a research report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $92.38.

Institutional Investors Weigh In On CF Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of CF. Wolff Wiese Magana LLC acquired a new stake in shares of CF Industries during the third quarter valued at about $28,000. Brooklyn Investment Group acquired a new stake in CF Industries during the 3rd quarter worth approximately $39,000. Quent Capital LLC grew its holdings in CF Industries by 132.1% during the 3rd 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 last quarter. Kimelman & Baird LLC acquired a new position in CF Industries in the 2nd quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC raised its stake in shares of CF Industries by 262.6% during the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 478 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

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.