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

Shares of CF Industries Holdings, Inc. (NYSE:CF) have been assigned a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $90.38.

A number of equities analysts have recently issued reports on the stock. Oppenheimer began coverage on CF Industries in a report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 price target on the stock. Bank of America cut 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 report on Wednesday, October 16th. Mizuho raised their price target on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Redburn Atlantic started coverage on CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price objective for the company. Finally, Piper Sandler raised their target price on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a report on Friday, November 8th.

Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $5,964,120. This represents a 2.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Ashraf K. Malik sold 7,201 shares of CF Industries stock in a transaction 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 directly owns 29,211 shares of the company’s stock, valued at $2,629,574.22. This represents a 19.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 22,701 shares of company stock worth $2,052,704 over the last ninety days. Insiders own 0.42% of the company’s stock.

Institutional Trading of CF Industries

Several large investors have recently bought and sold shares of the business. Franklin Resources Inc. grew its position in CF Industries by 13.4% during the 3rd quarter. Franklin Resources Inc. now owns 245,742 shares of the basic materials company’s stock worth $21,380,000 after acquiring an additional 29,101 shares during the last quarter. Tidal Investments LLC grew its holdings in shares of CF Industries by 94.7% during the third quarter. Tidal Investments LLC now owns 40,616 shares of the basic materials company’s stock worth $3,485,000 after purchasing an additional 19,760 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of CF Industries in the third quarter valued at approximately $993,000. Sanctuary Advisors LLC raised its holdings in CF Industries by 4.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 16,939 shares of the basic materials company’s stock valued at $1,521,000 after buying an additional 731 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co boosted its position in CF Industries by 8.7% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 28,364 shares of the basic materials company’s stock worth $2,434,000 after buying an additional 2,270 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Down 0.2 %

CF stock opened at $84.85 on Thursday. CF Industries has a twelve month low of $69.13 and a twelve month high of $94.46. The company has a market cap of $14.77 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. The business’s 50-day simple moving average is $86.47 and its 200 day simple moving average is $80.95. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.

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

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were paid a $0.50 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.00 annualized dividend and a yield of 2.36%. CF Industries’s dividend payout ratio is 31.65%.

About CF Industries

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.