Traders Purchase Large Volume of CF Industries Holdings Call Options (CF)

CF Industries Holdings, Inc. (NYSE:CF) was the recipient of unusually large options trading on Friday. Traders acquired 843 call options on the stock. This represents an increase of approximately 278% compared to the typical volume of 223 call options.

In related news, VP Bert A. Frost sold 6,400 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $31.53, for a total transaction of $201,792.00. Following the completion of the sale, the vice president now owns 59,732 shares in the company, valued at $1,883,349.96. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Fulton Bank N.A. bought a new stake in shares of CF Industries Holdings in the 3rd quarter worth approximately $287,000. W. E. Donoghue & Co. LLC bought a new stake in shares of CF Industries Holdings in the 2nd quarter worth approximately $16,857,000. Sentry Investment Management LLC lifted its holdings in shares of CF Industries Holdings by 1.0% in the 2nd quarter. Sentry Investment Management LLC now owns 16,879 shares of the basic materials company’s stock worth $472,000 after purchasing an additional 160 shares during the last quarter. Toronto Dominion Bank lifted its holdings in shares of CF Industries Holdings by 25.5% in the 2nd quarter. Toronto Dominion Bank now owns 78,974 shares of the basic materials company’s stock worth $2,208,000 after purchasing an additional 16,068 shares during the last quarter. Finally, Glendon Capital Management LP lifted its holdings in shares of CF Industries Holdings by 14.3% in the 2nd quarter. Glendon Capital Management LP now owns 2,619,751 shares of the basic materials company’s stock worth $73,248,000 after purchasing an additional 327,600 shares during the last quarter.

Several equities research analysts recently weighed in on the company. Zacks Investment Research upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 16th. Piper Jaffray Companies restated a “hold” rating on shares of CF Industries Holdings in a research note on Friday, August 4th. Barclays PLC decreased their target price on CF Industries Holdings from $31.00 to $29.00 and set an “equal weight” rating for the company in a research note on Thursday, July 13th. ValuEngine upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, Royal Bank Of Canada restated an “underperform” rating and set a $23.00 target price (down previously from $25.00) on shares of CF Industries Holdings in a research note on Wednesday, July 12th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $32.58.

Shares of CF Industries Holdings (CF) opened at 34.48 on Wednesday. The stock’s market cap is $8.04 billion. The stock’s 50 day moving average price is $32.71 and its 200 day moving average price is $29.52. CF Industries Holdings has a 1-year low of $22.00 and a 1-year high of $37.17.

CF Industries Holdings (NYSE:CF) last announced its quarterly earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.18. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. CF Industries Holdings had a negative return on equity of 0.40% and a negative net margin of 9.98%. The business’s revenue was down .9% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. On average, equities research analysts anticipate that CF Industries Holdings will post ($0.67) EPS for the current fiscal year.

The business also recently declared 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. This represents a $1.20 annualized dividend and a dividend yield of 3.48%. CF Industries Holdings’s dividend payout ratio (DPR) is -75.47%.

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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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