CF Industries Holdings, Inc. (NYSE:CF) EVP Bert A. Frost Sells 3,000 Shares

CF Industries Holdings, Inc. (NYSE:CF) EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at approximately $9,077,640. This trade represents a 2.83 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

CF Industries Stock Down 0.9 %

Shares of NYSE CF opened at $89.81 on Friday. The stock has a market capitalization of $15.63 billion, a PE ratio of 14.21, a P/E/G ratio of 2.39 and a beta of 0.97. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The firm has a fifty day moving average of $85.04 and a 200-day moving average of $79.20. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $91.06.

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

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 annualized dividend and a yield of 2.23%. CF Industries’s dividend payout ratio is currently 31.65%.

Analysts Set New Price Targets

CF has been the subject of several recent research reports. Redburn Atlantic started coverage on CF Industries in a research report on Friday, October 18th. They set a “neutral” rating and a $77.00 price target for the company. BMO Capital Markets boosted their target price on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Piper Sandler raised their price target on shares of CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a research note on Friday, November 8th. Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a research report on Wednesday, October 16th. Finally, Mizuho raised their target price on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $88.42.

Institutional Investors Weigh In On CF Industries

Several institutional investors have recently bought and sold shares of CF. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries during the 3rd quarter valued at $28,000. Brooklyn Investment Group acquired a new position in shares of CF Industries during the third quarter worth about $39,000. Quent Capital LLC grew its stake in shares of CF Industries by 132.1% in the third 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 in the last quarter. UMB Bank n.a. raised its holdings in shares of CF Industries by 40.4% during 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 period. Finally, Kimelman & Baird LLC purchased a new stake in shares of CF Industries during the 2nd quarter valued at about $50,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

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.