CF Industries Holdings, Inc. (NYSE:CF) Receives Consensus Rating of “Hold” from Analysts

Shares of CF Industries Holdings, Inc. (NYSE:CF) have been given a consensus recommendation of “Hold” by the nineteen analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $93.8750.

CF has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of CF Industries in a research report on Monday. CIBC began coverage on shares of CF Industries in a report on Tuesday. They issued a “neutral” rating and a $87.00 target price for the company. Mizuho cut their target price on CF Industries from $100.00 to $92.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Barclays upgraded CF Industries from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $95.00 to $100.00 in a research note on Wednesday, August 13th. Finally, Rothschild & Co Redburn lifted their price objective on CF Industries from $78.00 to $86.00 in a research note on Monday, November 10th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CF. Ensign Peak Advisors Inc grew its holdings in CF Industries by 24.4% during the second quarter. Ensign Peak Advisors Inc now owns 95,289 shares of the basic materials company’s stock worth $8,767,000 after acquiring an additional 18,666 shares during the period. Talaria Asset Management Pty Ltd boosted its position in shares of CF Industries by 77.0% during the 1st quarter. Talaria Asset Management Pty Ltd now owns 584,000 shares of the basic materials company’s stock worth $45,640,000 after purchasing an additional 254,000 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of CF Industries by 4.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,055,283 shares of the basic materials company’s stock worth $473,220,000 after purchasing an additional 262,944 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of CF Industries by 5.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 276,542 shares of the basic materials company’s stock worth $25,442,000 after purchasing an additional 15,291 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in shares of CF Industries in the 1st quarter valued at about $849,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

Shares of CF Industries stock opened at $79.15 on Thursday. The firm has a market cap of $12.35 billion, a PE ratio of 9.54 and a beta of 0.68. The company has a quick ratio of 1.99, a current ratio of 2.27 and a debt-to-equity ratio of 0.39. CF Industries has a 52 week low of $67.34 and a 52 week high of $104.45. The business’s fifty day simple moving average is $84.39 and its 200-day simple moving average is $88.36.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.13. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the company earned $1.55 EPS. The company’s quarterly revenue was up 21.1% on a year-over-year basis. Equities analysts forecast that CF Industries will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, November 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.5%. CF Industries’s dividend payout ratio is 24.10%.

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.