CF Industries Holdings, Inc. (NYSE:CF) Receives $87.67 Average Price Target from Analysts

CF Industries Holdings, Inc. (NYSE:CF) has been given an average rating of “Hold” by the twelve brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $87.67.

A number of equities analysts have recently weighed in on CF shares. UBS Group increased their price target on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price for the company. in a research note on Wednesday, October 16th. Redburn Atlantic began coverage on shares of CF Industries in a research note on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target on the stock. Royal Bank of Canada increased their price objective on shares of CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Finally, Wells Fargo & Company lifted their target price on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Tuesday, September 24th.

CF Industries Stock Performance

NYSE:CF opened at $84.06 on Wednesday. The company’s 50-day moving average is $83.32 and its two-hundred day moving average is $78.43. CF Industries has a 1-year low of $69.13 and a 1-year high of $90.86. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19. The firm has a market capitalization of $15.17 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 2.33 and a beta of 0.95.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a return on equity of 14.39% and a net margin of 19.45%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.85 earnings per share. Analysts forecast that CF Industries will post 5.86 EPS for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.50 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.38%. CF Industries’s dividend payout ratio (DPR) is presently 31.65%.

Insiders Place Their Bets

In related news, VP Ashraf K. Malik sold 7,201 shares of CF Industries stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the transaction, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Susan L. Menzel sold 2,000 shares of the company’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 completion of the transaction, the executive vice president now directly owns 66,268 shares of the company’s stock, valued at approximately $5,964,120. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the transaction, the vice president now owns 29,211 shares in the company, valued at approximately $2,629,574.22. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

Hedge Funds Weigh In On CF Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Westside Investment Management Inc. purchased a new position in shares of CF Industries during the first quarter worth about $25,000. Wolff Wiese Magana LLC acquired a new stake in shares of CF Industries in the 3rd quarter valued at about $28,000. Quent Capital LLC grew its stake in CF Industries by 132.1% during the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after buying an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in CF Industries by 262.6% during the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after buying an additional 478 shares during the period. Finally, UMB Bank n.a. lifted its stake in CF Industries by 40.4% in the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after buying an additional 191 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

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.