Insider Selling: CF Industries Holdings, Inc. (NYSE:CF) EVP Sells 1,500 Shares of Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now directly owns 92,486 shares in the company, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

CF Industries Price Performance

CF stock opened at $97.01 on Monday. The firm has a market cap of $16.88 billion, a P/E ratio of 15.35, a P/E/G ratio of 0.69 and a beta of 0.98. The firm’s fifty day moving average is $88.39 and its 200 day moving average is $82.97. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $98.25. 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 (NYSE:CF) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.05 by $0.50. The firm had revenue of $1.37 billion for 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 company’s quarterly revenue 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. Research analysts predict that CF Industries Holdings, Inc. will post 6.38 earnings per share for the current year.

Hedge Funds Weigh In On CF Industries

Several hedge funds have recently made changes to their positions in the business. Inspire Investing LLC lifted its position in shares of CF Industries by 285.1% in the 4th quarter. Inspire Investing LLC now owns 12,780 shares of the basic materials company’s stock worth $1,090,000 after purchasing an additional 9,461 shares during the period. Wesbanco Bank Inc. bought a new position in CF Industries in the fourth quarter worth about $265,000. Janney Montgomery Scott LLC raised its stake in CF Industries by 3.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,876 shares of the basic materials company’s stock worth $1,440,000 after buying an additional 487 shares in the last quarter. Atomi Financial Group Inc. purchased a new stake in CF Industries in the fourth quarter worth about $216,000. Finally, Ballentine Partners LLC grew its holdings in shares of CF Industries by 2.3% during the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock worth $482,000 after acquiring an additional 127 shares during the period. 93.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CF shares. Royal Bank of Canada upped their target price on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Piper Sandler upgraded CF Industries from an “underweight” rating to an “overweight” rating and boosted their price objective for the company from $79.00 to $105.00 in a research note on Monday, January 13th. Bank of America downgraded CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a research report on Wednesday, October 16th. Wells Fargo & Company raised their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. Finally, Barclays raised their price target on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, CF Industries currently 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.