CF Industries Holdings Target of Unusually High Options Trading (CF)

CF Industries Holdings, Inc. (NYSE:CF) was the recipient of some unusual options trading on Friday. Investors acquired 843 call options on the stock. This is an increase of 278% compared to the average daily volume of 223 call options.

Several brokerages have weighed in on CF. Piper Jaffray Companies reaffirmed a “hold” rating on shares of CF Industries Holdings in a report on Friday, August 4th. Credit Suisse Group set a $30.00 price objective on CF Industries Holdings and gave the company a “hold” rating in a report on Friday, August 4th. Zacks Investment Research raised CF Industries Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. ValuEngine raised CF Industries Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $28.00 price objective (down from $31.00) on shares of CF Industries Holdings in a report on Monday, July 10th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $32.23.

Shares of CF Industries Holdings (NYSE:CF) opened at 32.19 on Wednesday. The company’s market cap is $7.51 billion. The company’s 50-day moving average price is $30.01 and its 200-day moving average price is $28.83. CF Industries Holdings has a 12 month low of $22.00 and a 12 month high of $37.17.

CF Industries Holdings (NYSE:CF) last issued its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.18. CF Industries Holdings had a negative return on equity of 0.40% and a negative net margin of 9.98%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the business posted $0.33 earnings per share. The firm’s revenue was down .9% compared to the same quarter last year. Analysts anticipate that CF Industries Holdings will post ($0.70) EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Tuesday, August 15th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, August 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.73%. CF Industries Holdings’s dividend payout ratio (DPR) is presently -75.47%.

In other CF Industries Holdings news, VP Bert A. Frost sold 6,400 shares of CF Industries Holdings stock in a transaction 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 completion of the transaction, the vice president now directly owns 59,732 shares of the company’s stock, valued at approximately $1,883,349.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ARGI Investment Services LLC raised its position in CF Industries Holdings by 0.3% during the first quarter. ARGI Investment Services LLC now owns 31,321 shares of the basic materials company’s stock valued at $919,000 after purchasing an additional 100 shares in the last quarter. Pacer Advisors Inc. raised its position in CF Industries Holdings by 3.3% during the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock valued at $126,000 after purchasing an additional 137 shares in the last quarter. Contravisory Investment Management Inc. raised its position in CF Industries Holdings by 2.0% during the second quarter. Contravisory Investment Management Inc. now owns 7,803 shares of the basic materials company’s stock valued at $218,000 after purchasing an additional 153 shares in the last quarter. Sentry Investment Management LLC raised its position in CF Industries Holdings by 1.0% during the second quarter. Sentry Investment Management LLC now owns 16,879 shares of the basic materials company’s stock valued at $472,000 after purchasing an additional 160 shares in the last quarter. Finally, Louisiana State Employees Retirement System raised its position in CF Industries Holdings by 1.4% during the second quarter. Louisiana State Employees Retirement System now owns 14,500 shares of the basic materials company’s stock valued at $405,000 after purchasing an additional 200 shares in the last quarter.

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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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