Traders Buy High Volume of CF Industries Holdings Put Options (CF)

CF Industries Holdings, Inc. (NYSE:CF) was the target of unusually large options trading activity on Monday. Stock traders acquired 12,749 put options on the stock. This is an increase of 508% compared to the average volume of 2,096 put options.

In other news, VP Bert A. Frost sold 6,400 shares of CF Industries Holdings 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 directly owns 59,732 shares of the company’s stock, valued at $1,883,349.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.00% of the company’s stock.

Several institutional investors have recently modified their holdings of CF. BlackRock Inc. boosted its position in shares of CF Industries Holdings by 3,912.4% in the first quarter. BlackRock Inc. now owns 20,034,069 shares of the basic materials company’s stock valued at $587,999,000 after buying an additional 19,534,765 shares in the last quarter. KCG Holdings Inc. acquired a new position in shares of CF Industries Holdings during the first quarter valued at $1,150,000. Raging Capital Management LLC acquired a new position in shares of CF Industries Holdings during the first quarter valued at $8,115,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of CF Industries Holdings by 34.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,512 shares of the basic materials company’s stock valued at $162,000 after buying an additional 1,415 shares in the last quarter. Finally, Knights of Columbus Asset Advisors LLC acquired a new position in shares of CF Industries Holdings during the first quarter valued at $838,000.

Several research firms have recently weighed in on CF. Royal Bank Of Canada dropped their target price on shares of CF Industries Holdings from $26.00 to $25.00 and set an “underperform” rating on the stock in a research report on Friday, May 5th. ValuEngine raised shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. UBS AG raised shares of CF Industries Holdings from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a research report on Friday, May 5th. Barclays PLC dropped their target price on shares of CF Industries Holdings from $31.00 to $29.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 13th. Finally, Piper Jaffray Companies reissued a “hold” rating on shares of CF Industries Holdings in a research report on Friday, August 4th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $32.58.

CF Industries Holdings (NYSE CF) traded up 0.16% during mid-day trading on Friday, reaching $30.51. 3,853,833 shares of the company’s stock were exchanged. The company’s market cap is $7.12 billion. CF Industries Holdings has a 52-week low of $21.99 and a 52-week high of $37.17. The stock has a 50-day moving average price of $29.44 and a 200 day moving average price of $29.69.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, August 11th. This represents a $1.20 annualized dividend and a dividend yield of 3.93%. CF Industries Holdings’s dividend payout ratio is currently -75.47%.

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About CF Industries Holdings

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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