Insider Selling: CF Industries Holdings, Inc. (NYSE:CF) EVP Sells 10,000 Shares of Stock

CF Industries Holdings, Inc. (NYSE:CF - Get Free Report) EVP Susan L. Menzel sold 10,000 shares of the business's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $100.23, for a total value of $1,002,300.00. Following the completion of the transaction, the executive vice president now owns 87,923 shares of the company's stock, valued at $8,812,522.29. This represents a 10.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

CF Industries Stock Performance

NYSE CF traded down $1.90 on Tuesday, reaching $94.63. 4,169,628 shares of the stock were exchanged, compared to its average volume of 2,219,191. The firm has a market capitalization of $16.04 billion, a PE ratio of 12.47 and a beta of 0.97. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $104.45. The company's 50-day simple moving average is $86.95 and its two-hundred day simple moving average is $84.44. The company has a current ratio of 2.59, a quick ratio of 2.22 and a debt-to-equity ratio of 0.41.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.38. CF Industries had a return on equity of 17.39% and a net margin of 21.80%. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. The business's quarterly revenue was up 13.1% compared to the same quarter last year. Analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date was Thursday, May 15th. CF Industries's payout ratio is presently 26.35%.

CF Industries declared that its board has approved a stock buyback program on Wednesday, May 7th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the basic materials company to buy up to 14.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Analyst Ratings Changes

CF has been the topic of a number of recent analyst reports. UBS Group raised their price target on shares of CF Industries from $79.00 to $82.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. The Goldman Sachs Group initiated coverage on shares of CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 target price for the company. Wolfe Research cut CF Industries from an "outperform" rating to a "peer perform" rating in a report on Thursday, June 12th. Morgan Stanley cut their price objective on CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a report on Friday, April 11th. Finally, BNP Paribas raised CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $90.21.

Institutional Investors Weigh In On CF Industries

Several institutional investors have recently modified their holdings of the stock. Checchi Capital Advisers LLC lifted its stake in CF Industries by 4.3% in the fourth quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock worth $221,000 after purchasing an additional 108 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its stake in CF Industries by 1.3% in the first quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company's stock worth $682,000 after purchasing an additional 116 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of CF Industries by 2.1% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company's stock worth $495,000 after purchasing an additional 120 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of CF Industries by 1.8% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock valued at $602,000 after purchasing an additional 126 shares during the period. Finally, Coldstream Capital Management Inc. grew its holdings in shares of CF Industries by 4.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 3,009 shares of the basic materials company's stock worth $257,000 after purchasing an additional 126 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

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.

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