CF Industries Holdings, Inc. (NYSE:CF) Given Average Rating of “Hold” by Analysts

CF Industries Holdings, Inc. (NYSE:CF) has been assigned an average recommendation of “Hold” from the twelve research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $88.42.

A number of research firms have recently weighed in on CF. Wells Fargo & Company increased their target price on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. Barclays raised their target price on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, October 11th. Piper Sandler upped their price target on CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a research report on Friday, November 8th. Mizuho lifted their price objective on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Finally, Redburn Atlantic initiated coverage on CF Industries in a research note on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective on the stock.

CF Industries Stock Performance

Shares of CF Industries stock opened at $89.79 on Friday. The firm has a market capitalization of $15.63 billion, a P/E ratio of 14.21, a price-to-earnings-growth ratio of 2.39 and a beta of 0.97. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. The business’s fifty day simple moving average is $85.25 and its 200 day simple moving average is $79.33. CF Industries has a 12 month low of $69.13 and a 12 month high of $91.06.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the previous year, the firm earned $0.85 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. As a group, analysts anticipate that CF Industries will post 6.32 EPS for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.23%. CF Industries’s dividend payout ratio (DPR) is currently 31.65%.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the sale, the executive vice president now owns 66,268 shares in the company, valued at $5,964,120. This trade represents a 2.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the transaction, the executive vice president now directly owns 103,155 shares in the company, valued at approximately $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,201 shares of company stock valued at $1,727,694. Corporate insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On CF Industries

Institutional investors have recently made changes to their positions in the business. Wolff Wiese Magana LLC purchased a new position in CF Industries in the 3rd quarter worth $28,000. Brooklyn Investment Group purchased a new position in shares of CF Industries in the third quarter worth about $39,000. Quent Capital LLC lifted its stake in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in CF Industries by 262.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 478 shares during the period. Finally, UMB Bank n.a. grew its holdings in CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after acquiring an additional 191 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.