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

Shares of CF Industries Holdings, Inc. (NYSE:CF) have received a consensus rating of “Hold” from the fourteen research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $89.86.

Several research firms recently issued reports on CF. Barclays dropped their price objective on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 5th. Royal Bank of Canada dropped their price target on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Oppenheimer lowered their target price on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Piper Sandler boosted their price target on shares of CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, January 27th. Finally, Scotiabank lowered their price objective on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research report on Monday, February 24th.

Insider Buying and Selling at CF Industries

In related news, VP Ashraf K. Malik sold 8,889 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the transaction, the vice president now owns 15,871 shares in the company, valued at $1,507,745. The trade was a 35.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $142,500.00. Following the completion of the sale, the executive vice president now owns 93,986 shares of the company’s stock, valued at approximately $8,928,670. This trade represents a 1.57 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CF Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC increased its position in CF Industries by 6.6% during the 4th quarter. FMR LLC now owns 8,830,621 shares of the basic materials company’s stock valued at $753,429,000 after purchasing an additional 543,876 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company’s stock valued at $494,202,000 after buying an additional 225,109 shares during the period. Victory Capital Management Inc. raised its stake in CF Industries by 7.1% in the fourth quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company’s stock worth $382,901,000 after buying an additional 299,173 shares in the last quarter. First Trust Advisors LP lifted its holdings in CF Industries by 3.5% in the fourth quarter. First Trust Advisors LP now owns 4,425,518 shares of the basic materials company’s stock worth $377,585,000 after buying an additional 150,461 shares during the period. Finally, Boston Partners boosted its position in CF Industries by 7.0% during the 4th quarter. Boston Partners now owns 3,316,616 shares of the basic materials company’s stock valued at $283,044,000 after acquiring an additional 216,395 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.2 %

Shares of CF opened at $79.74 on Friday. CF Industries has a twelve month low of $69.13 and a twelve month high of $98.25. The stock has a market cap of $13.52 billion, a PE ratio of 11.78, a P/E/G ratio of 0.37 and a beta of 0.99. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The business’s 50-day moving average price is $81.55 and its 200-day moving average price is $85.11.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.40. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. On average, equities analysts forecast that CF Industries will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.51%. CF Industries’s payout ratio is 29.54%.

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.