CF Industries Holdings, Inc. (NYSE:CF) VP Sells $1,083,456.00 in Stock

CF Industries Holdings, Inc. (NYSE:CF) VP Bert A. Frost sold 21,600 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $50.16, for a total value of $1,083,456.00. Following the sale, the vice president now directly owns 103,672 shares in the company, valued at $5,200,187.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of CF Industries stock opened at $51.04 on Friday. The stock has a market capitalization of $11.39 billion, a price-to-earnings ratio of 27.59, a price-to-earnings-growth ratio of 3.90 and a beta of 0.92. The firm’s 50-day moving average price is $47.86. The company has a current ratio of 1.43, a quick ratio of 1.15 and a debt-to-equity ratio of 0.72. CF Industries Holdings, Inc. has a twelve month low of $38.90 and a twelve month high of $56.51.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $1.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.47. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.39 billion. CF Industries had a return on equity of 7.22% and a net margin of 9.67%. The business’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 earnings per share. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 2.23 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, August 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.35%. CF Industries’s payout ratio is 96.77%.

CF has been the topic of a number of recent analyst reports. Bank of America raised CF Industries from an “underperform” rating to a “neutral” rating in a report on Monday, August 5th. ValuEngine raised CF Industries from a “hold” rating to a “buy” rating in a report on Sunday, June 16th. Rowe raised their price target on CF Industries from $56.00 to $66.00 and gave the company a “positive” rating in a report on Tuesday, August 6th. Cowen reissued an “outperform” rating and set a $54.00 price target (down from $56.00) on shares of CF Industries in a report on Wednesday, May 15th. Finally, UBS Group raised their price target on CF Industries from $53.00 to $58.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Seven equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $52.83.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CF. Geode Capital Management LLC grew its position in CF Industries by 27.4% in the fourth quarter. Geode Capital Management LLC now owns 4,022,001 shares of the basic materials company’s stock worth $174,768,000 after acquiring an additional 865,928 shares in the last quarter. Macquarie Group Ltd. grew its position in CF Industries by 220.7% in the fourth quarter. Macquarie Group Ltd. now owns 9,300 shares of the basic materials company’s stock worth $404,000 after acquiring an additional 6,400 shares in the last quarter. State of Alaska Department of Revenue grew its position in CF Industries by 5.9% in the first quarter. State of Alaska Department of Revenue now owns 43,271 shares of the basic materials company’s stock worth $1,768,000 after acquiring an additional 2,401 shares in the last quarter. Manning & Napier Group LLC grew its position in CF Industries by 38.9% in the first quarter. Manning & Napier Group LLC now owns 749,095 shares of the basic materials company’s stock worth $30,621,000 after acquiring an additional 209,690 shares in the last quarter. Finally, Pacer Advisors Inc. grew its position in CF Industries by 83.2% in the first quarter. Pacer Advisors Inc. now owns 61,236 shares of the basic materials company’s stock worth $2,503,000 after acquiring an additional 27,810 shares in the last quarter. Institutional investors own 92.83% of the company’s stock.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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