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

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

CF Industries Trading Down 0.6 %

NYSE CF traded down $0.54 on Tuesday, hitting $94.96. 2,792,331 shares of the stock were exchanged, compared to its average volume of 2,041,529. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $95.72. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The company has a market capitalization of $16.52 billion, a price-to-earnings ratio of 15.03, a P/E/G ratio of 2.37 and a beta of 0.98. The company’s 50-day moving average price is $87.43 and its two-hundred day moving average price is $82.28.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share 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 analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the company posted $0.85 EPS. Research analysts predict that CF Industries Holdings, Inc. will post 6.32 EPS for the current year.

Analyst Ratings Changes

CF has been the topic of a number of recent research reports. Royal Bank of Canada raised their target price on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Oppenheimer started coverage on CF Industries in a report on Thursday, December 12th. They set an “outperform” rating and a $114.00 price target on the stock. Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective on the stock. in a research note on Wednesday, October 16th. Piper Sandler upgraded shares of CF Industries from an “underweight” rating to an “overweight” rating and raised their price objective for the company from $79.00 to $105.00 in a research note on Monday. Finally, Wells Fargo & Company lifted their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. One equities 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, the stock currently has an average rating of “Hold” and a consensus price target of $92.38.

Institutional Investors Weigh In On CF Industries

A number of institutional investors have recently modified their holdings of the stock. Wolff Wiese Magana LLC acquired a new position in CF Industries during the 3rd quarter worth $28,000. Brooklyn Investment Group acquired a new position in CF Industries during the 3rd quarter worth $39,000. Quent Capital LLC lifted its position 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 during the 2nd quarter worth $50,000. Finally, Catalyst Capital Advisors LLC lifted its position in CF Industries by 262.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 478 shares during the last quarter. Institutional investors and hedge funds 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.