CF Industries Holdings, Inc. (NYSE:CF) Receives Consensus Rating of “Hold” from Brokerages

CF Industries Holdings, Inc. (NYSE:CF) has earned a consensus recommendation of “Hold” from the thirteen brokerages that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $90.38.

A number of research analysts recently commented on CF shares. Piper Sandler raised their price target on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a research report on Friday, November 8th. Royal Bank of Canada raised their target price on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Oppenheimer began coverage on shares of CF Industries in a research report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 target price for the company. Redburn Atlantic assumed coverage on shares of CF Industries in a research report on Friday, October 18th. They set a “neutral” rating and a $77.00 price target on the stock. Finally, Barclays boosted their price objective on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th.

Insiders Place Their Bets

In other CF Industries news, EVP Bert A. Frost sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total transaction of $264,000.00. Following the sale, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at $9,077,640. The trade was a 2.83 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Susan L. Menzel sold 3,500 shares of CF Industries stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $92.86, for a total transaction of $325,010.00. Following the transaction, the executive vice president now owns 62,768 shares in the company, valued at approximately $5,828,636.48. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,701 shares of company stock valued at $2,052,704 in the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On CF Industries

Institutional investors have recently made changes to their positions in the stock. Raymond James & Associates increased its position in CF Industries by 8.2% during the 2nd quarter. Raymond James & Associates now owns 132,958 shares of the basic materials company’s stock valued at $9,855,000 after purchasing an additional 10,094 shares during the period. First Horizon Advisors Inc. increased its position in shares of CF Industries by 8.5% during the second quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock worth $139,000 after buying an additional 146 shares during the period. Everhart Financial Group Inc. raised its stake in CF Industries by 36.1% during the second quarter. Everhart Financial Group Inc. now owns 3,582 shares of the basic materials company’s stock worth $265,000 after buying an additional 951 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. lifted its holdings in CF Industries by 22.7% in the second quarter. Van Lanschot Kempen Investment Management N.V. now owns 26,560 shares of the basic materials company’s stock valued at $1,969,000 after buying an additional 4,905 shares during the period. Finally, Planned Solutions Inc. boosted its position in CF Industries by 10.1% during the second quarter. Planned Solutions Inc. now owns 2,939 shares of the basic materials company’s stock valued at $218,000 after acquiring an additional 270 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of CF Industries stock opened at $85.40 on Thursday. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $14.86 billion, a price-to-earnings ratio of 13.51, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. CF Industries has a twelve month low of $69.13 and a twelve month high of $94.46. The company has a 50-day simple moving average of $86.45 and a two-hundred day simple moving average of $81.09.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the previous year, the business earned $0.85 earnings per share. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. Analysts forecast that CF Industries will post 6.32 EPS for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a dividend of $0.50 per share. The ex-dividend date was Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.34%. CF Industries’s dividend payout ratio is currently 31.65%.

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.