Shares of CF Industries Holdings, Inc. (NYSE:CF) have been assigned an average rating of “Hold” from the seventeen research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $49.23.
A number of equities research analysts have recently issued reports on CF shares. ValuEngine raised shares of CF Industries from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Cowen reissued an “outperform” rating and issued a $56.00 price target (down from $62.00) on shares of CF Industries in a report on Tuesday, April 23rd. Bank of America downgraded shares of CF Industries from a “buy” rating to an “underperform” rating and lowered their price target for the stock from $50.00 to $38.00 in a report on Thursday, April 18th. Citigroup lowered their price target on shares of CF Industries from $51.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, February 19th. Finally, Barclays reissued a “neutral” rating on shares of CF Industries in a report on Friday, February 15th.
NYSE:CF traded up $0.73 on Friday, reaching $41.92. 24,471 shares of the company’s stock were exchanged, compared to its average volume of 2,577,215. The company has a quick ratio of 1.17, a current ratio of 1.71 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $9.02 billion, a PE ratio of 33.67, a P/E/G ratio of 3.42 and a beta of 0.75. CF Industries has a 52 week low of $38.90 and a 52 week high of $56.51.
CF Industries (NYSE:CF) last issued its earnings results on Wednesday, May 1st. The basic materials company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01). The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $1.01 billion. CF Industries had a return on equity of 4.81% and a net margin of 7.09%. CF Industries’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 EPS. Analysts anticipate that CF Industries will post 1.99 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Tuesday, May 14th. CF Industries’s payout ratio is 96.77%.
In other news, Director Stephen A. Furbacher sold 3,000 shares of the stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $42.01, for a total value of $126,030.00. Following the sale, the director now directly owns 47,190 shares of the company’s stock, valued at $1,982,451.90. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.00% of the company’s stock.
Institutional investors and hedge funds have recently made changes to their positions in the stock. CSat Investment Advisory L.P. raised its stake in CF Industries by 81.3% in the fourth quarter. CSat Investment Advisory L.P. now owns 620 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 278 shares in the last quarter. Cresset Asset Management LLC purchased a new stake in CF Industries in the first quarter valued at approximately $25,000. Rational Advisors LLC raised its stake in CF Industries by 874.0% in the first quarter. Rational Advisors LLC now owns 711 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 638 shares in the last quarter. Community Bank N.A. purchased a new stake in CF Industries in the first quarter valued at approximately $30,000. Finally, Ffcm LLC raised its stake in CF Industries by 49.4% in the fourth quarter. Ffcm LLC now owns 762 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 252 shares in the last quarter. 96.01% of the stock is currently owned by institutional investors and hedge funds.
About CF Industries
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.
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