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

Shares of CF Industries Holdings, Inc. (NYSE:CF) have been assigned a consensus rating of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $92.43.

Several research analysts have recently issued reports on the company. Oppenheimer lowered their price objective on CF Industries from $114.00 to $111.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Redburn Atlantic initiated coverage on shares of CF Industries in a research note on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target on the stock. JPMorgan Chase & Co. cut shares of CF Industries from a “neutral” rating to an “underweight” rating and cut their price objective for the stock from $82.00 to $75.00 in a report on Friday, January 24th. Piper Sandler upped their target price on shares of CF Industries from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Finally, Barclays downgraded shares of CF Industries from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $96.00 to $100.00 in a research report on Tuesday, January 21st.

CF Industries Stock Performance

Shares of CF stock opened at $81.44 on Friday. The company has a market cap of $14.17 billion, a P/E ratio of 12.89, a PEG ratio of 0.39 and a beta of 0.98. The firm has a fifty day moving average price of $88.81 and a 200 day moving average price of $85.21. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. CF Industries has a 12 month low of $69.13 and a 12 month high of $98.25.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.46%. CF Industries’s dividend payout ratio (DPR) is 31.65%.

Insider Buying and Selling

In other CF Industries news, EVP Susan L. Menzel sold 1,500 shares of the business’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $96.00, for a total value of $144,000.00. Following the transaction, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. The trade was a 1.60 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the completion of the sale, the executive vice president now owns 103,155 shares of the company’s stock, valued at $9,077,640. This trade represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,389 shares of company stock valued at $2,355,425 over the last quarter. 0.42% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CF Industries

A number of large investors have recently modified their holdings of the business. Checchi Capital Advisers LLC grew its holdings in CF Industries by 4.3% during the fourth quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company’s stock worth $221,000 after acquiring an additional 108 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its position in shares of CF Industries by 2.1% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,805 shares of the basic materials company’s stock worth $495,000 after purchasing an additional 120 shares in the last quarter. Brooklyn Investment Group grew its stake in shares of CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 122 shares during the period. Oppenheimer Asset Management Inc. increased its holdings in shares of CF Industries by 1.8% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company’s stock valued at $602,000 after purchasing an additional 126 shares in the last quarter. Finally, Ballentine Partners LLC lifted its stake in shares of CF Industries by 2.3% in the fourth quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company’s stock valued at $482,000 after purchasing an additional 127 shares during the period. 93.06% of the stock is owned by hedge funds and other institutional investors.

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.