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

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

CF Industries Holdings (NYSE CF) opened at 32.04 on Monday. CF Industries Holdings has a 12 month low of $22.00 and a 12 month high of $37.17. The stock’s market cap is $7.47 billion. The stock’s 50 day moving average price is $29.97 and its 200-day moving average price is $28.89.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend was Friday, August 11th. CF Industries Holdings’s dividend payout ratio (DPR) is -75.47%.

In related news, VP Bert A. Frost sold 6,400 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were 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 approximately $1,883,349.96. The sale was disclosed in a filing with the SEC, which is available through this link. 1.00% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the business. ARGI Investment Services LLC grew its holdings in CF Industries Holdings by 0.3% in 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 during the last quarter. Pacer Advisors Inc. grew its holdings in 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 purchasing an additional 137 shares during the last quarter. Contravisory Investment Management Inc. grew its holdings in CF Industries Holdings by 2.0% in 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 during the last quarter. Sentry Investment Management LLC grew its holdings in CF Industries Holdings by 1.0% in 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 during the last quarter. Finally, Louisiana State Employees Retirement System grew its holdings in CF Industries Holdings by 1.4% in 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 during the last quarter.

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada set a $25.00 price target on shares of CF Industries Holdings and gave the stock a “sell” rating in a report on Saturday, June 10th. Credit Suisse Group set a $31.00 price target on shares of CF Industries Holdings and gave the stock a “buy” rating in a report on Sunday, May 28th. Piper Jaffray Companies reiterated a “hold” rating on shares of CF Industries Holdings in a report on Friday, August 4th. BidaskClub upgraded shares of CF Industries Holdings from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. Finally, ValuEngine upgraded shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $32.23.

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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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