CF Industries Holdings, Inc. (NYSE:CF) Receives Average Rating of "Hold" from Analysts

CF Industries Holdings, Inc. (NYSE:CF - Get Free Report) has received a consensus rating of "Hold" from the fourteen analysts that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $89.86.

Several research analysts have recently issued reports on the company. Piper Sandler lifted their price target on CF Industries from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. Oppenheimer reduced their price target on shares of CF Industries from $114.00 to $111.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. The Goldman Sachs Group assumed coverage on CF Industries in a research report on Thursday, March 13th. They set a "neutral" rating and a $86.00 price objective for the company. JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and lowered their target price for the company from $82.00 to $75.00 in a report on Friday, January 24th. Finally, UBS Group cut their price target on CF Industries from $92.00 to $90.00 and set a "neutral" rating for the company in a report on Thursday, February 20th.

CF Industries Price Performance

CF stock traded up $0.72 during trading on Friday, reaching $78.11. 1,849,464 shares of the company were exchanged, compared to its average volume of 2,689,281. CF Industries has a 52-week low of $69.13 and a 52-week high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The company has a market cap of $13.24 billion, a P/E ratio of 11.54, a PEG ratio of 0.37 and a beta of 0.99. The stock's 50 day moving average price is $82.49 and its 200 day moving average price is $85.14.

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CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 15.50% and a net margin of 20.52%. As a group, analysts predict that CF Industries will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued 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 dividend yield of 2.56%. CF Industries's payout ratio is currently 29.54%.

Insider Activity at CF Industries

In related news, EVP Susan L. Menzel sold 1,500 shares of CF Industries stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now owns 92,486 shares in the company, valued at approximately $8,878,656. This trade represents a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ashraf K. Malik sold 8,889 shares of the company's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the sale, the vice president now owns 15,871 shares of the company's stock, valued at $1,507,745. This represents a 35.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,889 shares of company stock worth $1,130,955. 0.42% of the stock is owned by company insiders.

Institutional Investors Weigh In On CF Industries

Several large investors have recently made changes to their positions in CF. Mizuho Bank Ltd. purchased a new stake in CF Industries during the 4th quarter worth $26,000. Heck Capital Advisors LLC purchased a new stake in shares of CF Industries in the fourth quarter worth about $34,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries in the third quarter valued at about $39,000. Creative Financial Designs Inc. ADV raised its holdings in shares of CF Industries by 50.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after buying an additional 161 shares during the period. Finally, Asset Planning Inc acquired a new position in CF Industries during the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 93.06% of the company's stock.

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.