CF Industries Holdings Sees Unusually Large Options Volume (CF)
CF Industries Holdings, Inc. (NYSE:CF) was the target of unusually large options trading on Wednesday. Stock traders purchased 843 call options on the company. This is an increase of approximately 278% compared to the typical daily volume of 223 call options.
In other CF Industries Holdings news, VP Bert A. Frost sold 6,400 shares of CF Industries Holdings stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $31.53, for a total value of $201,792.00. Following the sale, the vice president now owns 59,732 shares of the company’s stock, valued at approximately $1,883,349.96. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.
A number of institutional investors and hedge funds have recently made changes to their positions in CF. Saratoga Research & Investment Management bought a new position in CF Industries Holdings in the 3rd quarter worth $108,000. Ffcm LLC raised its holdings in CF Industries Holdings by 218.4% in the 2nd quarter. Ffcm LLC now owns 4,041 shares of the basic materials company’s stock worth $118,000 after acquiring an additional 2,772 shares during the period. Financial Architects Inc raised its holdings in CF Industries Holdings by 22.5% in the 2nd quarter. Financial Architects Inc now owns 4,350 shares of the basic materials company’s stock worth $122,000 after acquiring an additional 800 shares during the period. Pacad Investment Ltd. bought a new position in CF Industries Holdings in the 2nd quarter worth $126,000. Finally, BT Investment Management Ltd bought a new position in CF Industries Holdings in the 2nd quarter worth $126,000.
Several research firms have recently weighed in on CF. BMO Capital Markets boosted their target price on CF Industries Holdings from $38.00 to $43.00 and gave the company a “market perform” rating in a research report on Friday. Royal Bank Of Canada boosted their target price on CF Industries Holdings from $27.00 to $32.00 and gave the company an “underperform” rating in a research report on Friday. Zacks Investment Research raised CF Industries Holdings from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research report on Wednesday, October 25th. Credit Suisse Group set a $30.00 target price on CF Industries Holdings and gave the company a “hold” rating in a research report on Friday, August 4th. Finally, Piper Jaffray Companies reissued a “hold” rating on shares of CF Industries Holdings in a research report on Friday, August 4th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. CF Industries Holdings has a consensus rating of “Hold” and an average target price of $34.52.
Shares of CF Industries Holdings (NYSE:CF) opened at $38.60 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.63 and a current ratio of 1.71.
CF Industries Holdings (NYSE:CF) last announced its earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.04). The firm had revenue of $870.00 million during the quarter, compared to the consensus estimate of $733.63 million. CF Industries Holdings had a negative return on equity of 2.29% and a negative net margin of 10.95%. The business’s revenue was up 27.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 EPS. analysts predict that CF Industries Holdings will post -0.62 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.20 annualized dividend and a yield of 3.11%. CF Industries Holdings’s dividend payout ratio (DPR) is presently -65.57%.
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CF Industries Holdings Company Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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