CF Industries (NYSE:CF) Now Covered by Analysts at Oppenheimer

Oppenheimer began coverage on shares of CF Industries (NYSE:CF - Free Report) in a report published on Thursday morning, Marketbeat.com reports. The firm issued an outperform rating and a $114.00 target price on the basic materials company's stock.

Other research analysts have also recently issued research reports about the company. Barclays boosted their price target on CF Industries from $90.00 to $96.00 and gave the stock an "overweight" rating in a research note on Friday, October 11th. Royal Bank of Canada boosted their target price on CF Industries from $95.00 to $100.00 and gave the stock an "outperform" rating in a research report on Monday, November 4th. Mizuho raised their price target on shares of CF Industries from $76.00 to $93.00 and gave the company a "neutral" rating in a report on Wednesday, October 9th. Redburn Atlantic started coverage on shares of CF Industries in a report on Friday, October 18th. They set a "neutral" rating and a $77.00 price objective for the company. Finally, UBS Group raised their target price on shares of CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a report on Monday, August 26th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $90.38.

CF Industries Stock Up 0.3 %

CF stock traded up $0.31 during trading on Thursday, hitting $90.13. 1,288,519 shares of the stock traded hands, compared to its average volume of 2,048,404. The stock has a market cap of $15.68 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 2.33 and a beta of 0.98. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. CF Industries has a 1 year low of $69.13 and a 1 year high of $94.46. The firm's 50 day moving average is $86.70 and its two-hundred day moving average is $80.54.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings results 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. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The firm had revenue of $1.37 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same quarter in the prior year, the company posted $0.85 earnings per share. The business's revenue for the quarter was up 7.6% on a year-over-year basis. On average, sell-side analysts anticipate that CF Industries will post 6.32 EPS for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.22%. CF Industries's dividend payout ratio is currently 31.65%.

Insider Buying and Selling at CF Industries

In related news, 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 transaction of $648,234.02. Following the transaction, the vice president now owns 29,211 shares in the company, valued at approximately $2,629,574.22. The trade was a 19.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares of the company's stock, valued at $5,964,120. The trade was a 2.93 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,701 shares of company stock valued at $2,052,704. Company insiders own 0.42% of the company's stock.

Hedge Funds Weigh In On CF Industries

Several large investors have recently made changes to their positions in the business. Wolff Wiese Magana LLC bought a new stake in CF Industries during the 3rd quarter valued at approximately $28,000. Brooklyn Investment Group purchased a new stake in CF Industries during the 3rd quarter valued at approximately $39,000. Quent Capital LLC raised its position in shares of CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company's stock valued at $43,000 after buying an additional 284 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of CF Industries by 40.4% in the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company's stock worth $49,000 after buying an additional 191 shares in the last quarter. Finally, Kimelman & Baird LLC bought a new position in shares of CF Industries during the second quarter worth $50,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

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.