Stock Traders Buy Large Volume of CF Industries Holdings Call Options (CF)
CF Industries Holdings, Inc. (NYSE:CF) was the target of unusually large options trading on Friday. Traders purchased 843 call options on the stock. This represents an increase of approximately 278% compared to the typical daily volume of 223 call options.
In related 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 transaction, the vice president now owns 59,732 shares in the company, valued at $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 company insiders.
Several hedge funds have recently made changes to their positions in the company. First Mercantile Trust Co. increased its stake in shares of CF Industries Holdings by 22.4% in the first quarter. First Mercantile Trust Co. now owns 3,691 shares of the basic materials company’s stock valued at $108,000 after buying an additional 676 shares during the last quarter. Ffcm LLC increased its stake in shares of CF Industries Holdings by 218.4% in the second quarter. Ffcm LLC now owns 4,041 shares of the basic materials company’s stock valued at $118,000 after buying an additional 2,772 shares during the last quarter. Financial Architects Inc increased its stake in shares of CF Industries Holdings by 22.5% in the second quarter. Financial Architects Inc now owns 4,350 shares of the basic materials company’s stock valued at $122,000 after buying an additional 800 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of CF Industries Holdings by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock valued at $126,000 after buying an additional 137 shares during the last quarter. Finally, Pacad Investment Ltd. bought a new stake in shares of CF Industries Holdings during the second quarter valued at approximately $126,000.
Shares of CF Industries Holdings (NYSE CF) opened at 28.83 on Wednesday. The stock’s market capitalization is $6.72 billion. The stock’s 50 day moving average price is $29.86 and its 200-day moving average price is $29.22. 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 announced its earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.18. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.06 billion. CF Industries Holdings had a negative net margin of 9.98% and a negative return on equity of 0.40%. CF Industries Holdings’s revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 EPS. Equities analysts forecast that CF Industries Holdings will post ($0.70) earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Tuesday, August 15th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend is Friday, August 11th. CF Industries Holdings’s payout ratio is -75.47%.
A number of research analysts recently weighed in on the company. Credit Suisse Group set a $31.00 target price on CF Industries Holdings and gave the company a “buy” rating in a report on Sunday, May 28th. UBS AG upgraded CF Industries Holdings from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Friday, May 5th. Royal Bank Of Canada set a $25.00 target price on CF Industries Holdings and gave the company a “sell” rating in a report on Saturday, June 10th. Piper Jaffray Companies reiterated a “hold” rating on shares of CF Industries Holdings in a report on Friday, August 4th. Finally, Zacks Investment Research upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $32.58.
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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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