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

CF Industries Holdings, Inc. (NYSE:CF) has earned a consensus recommendation of “Hold” from the seventeen analysts that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $35.11.

CF has been the topic of several recent analyst reports. Zacks Investment Research cut CF Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Credit Suisse Group set a $40.00 target price on CF Industries and gave the company a “hold” rating in a research note on Tuesday, January 16th. Royal Bank of Canada boosted their target price on CF Industries from $23.00 to $27.00 and gave the company an “underperform” rating in a research note on Tuesday, October 17th. Atlantic Securities cut CF Industries from a “neutral” rating to an “underweight” rating in a research note on Tuesday, November 14th. They noted that the move was a valuation call. Finally, Stephens initiated coverage on CF Industries in a research note on Monday, December 4th. They issued an “equal weight” rating and a $38.00 target price on the stock.

CF Industries (NYSE:CF) traded up $0.56 during trading hours on Tuesday, hitting $39.00. The stock had a trading volume of 2,372,183 shares, compared to its average volume of 3,043,543. CF Industries has a fifty-two week low of $25.04 and a fifty-two week high of $43.98. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.71 and a quick ratio of 1.51. The company has a market cap of $9,070.00, a PE ratio of -21.31, a PEG ratio of 18.29 and a beta of 1.09.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.08%. The ex-dividend date is Thursday, February 15th. CF Industries’s payout ratio is -65.57%.

In other news, Director Stephen A. Furbacher sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $36.00, for a total transaction of $126,000.00. Following the sale, the director now owns 50,854 shares in the company, valued at approximately $1,830,744. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Bert A. Frost sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $36.50, for a total value of $273,750.00. Following the sale, the vice president now owns 67,232 shares in the company, valued at approximately $2,453,968. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp raised its stake in shares of CF Industries by 8.7% during the 4th quarter. Bank of New York Mellon Corp now owns 6,079,530 shares of the basic materials company’s stock worth $258,623,000 after purchasing an additional 487,200 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of CF Industries by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 2,638,040 shares of the basic materials company’s stock worth $112,002,000 after acquiring an additional 91,806 shares during the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of CF Industries by 7.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,310,274 shares of the basic materials company’s stock worth $55,740,000 after acquiring an additional 86,586 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of CF Industries by 3.5% during the 3rd quarter. Legal & General Group Plc now owns 1,228,974 shares of the basic materials company’s stock worth $43,202,000 after acquiring an additional 41,138 shares during the last quarter. Finally, Manning & Napier Advisors LLC increased its holdings in shares of CF Industries by 190.0% during the 3rd quarter. Manning & Napier Advisors LLC now owns 1,116,525 shares of the basic materials company’s stock worth $39,256,000 after acquiring an additional 731,525 shares during the last quarter.

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CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

Analyst Recommendations for CF Industries (NYSE:CF)

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