CF Industries Holdings, Inc. (NYSE:CF) EVP Susan L. Menzel Sells 1,500 Shares of Stock

CF Industries Holdings, Inc. (NYSE:CF) EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the sale, the executive vice president now directly owns 92,486 shares in the company, valued at $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

CF Industries Price Performance

CF stock opened at $97.01 on Friday. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. 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 firm has a market capitalization of $16.88 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 0.69 and a beta of 0.98. The business has a 50 day simple moving average of $88.39 and a 200-day simple moving average of $82.79.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the prior year, the business earned $0.85 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. Equities research analysts anticipate that CF Industries Holdings, Inc. will post 6.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on CF. Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a report on Wednesday, October 16th. Redburn Atlantic began coverage on shares of CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. Piper Sandler raised shares of CF Industries from an “underweight” rating to an “overweight” rating and increased their target price for the stock from $79.00 to $105.00 in a research note on Monday, January 13th. Barclays raised their target price on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Finally, Oppenheimer started coverage on CF Industries in a report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 price target for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and an average target price of $92.38.

Institutional Investors Weigh In On CF Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC acquired a new stake in shares of CF Industries during the 3rd quarter worth about $28,000. Brooklyn Investment Group purchased a new position in CF Industries during the third quarter worth about $39,000. Quent Capital LLC increased its position in shares of CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 284 shares during the last quarter. Kimelman & Baird LLC purchased a new stake in shares of CF Industries in the 2nd quarter valued at approximately $50,000. Finally, Catalyst Capital Advisors LLC lifted its holdings in shares of CF Industries by 262.6% in 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. Hedge funds and other institutional investors 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.