CF Industries Holdings, Inc. (NYSE:CF) Given Average Rating of “Hold” by Analysts

Shares of CF Industries Holdings, Inc. (NYSE:CF) have been given a consensus rating of “Hold” by the eighteen ratings firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $88.1429.

Several equities analysts have recently issued reports on CF shares. Scotiabank reduced their price target on shares of CF Industries from $90.00 to $82.00 and set a “sector perform” rating for the company in a report on Monday, February 2nd. Canadian Imperial Bank of Commerce raised shares of CF Industries to a “hold” rating in a research note on Tuesday, December 2nd. Bank of America decreased their target price on shares of CF Industries from $83.00 to $78.00 and set an “underperform” rating for the company in a research report on Thursday, January 8th. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen downgraded CF Industries from a “buy” rating to a “hold” rating in a research report on Sunday, December 14th.

CF Industries Trading Up 0.5%

Shares of NYSE CF opened at $94.63 on Tuesday. CF Industries has a 12-month low of $67.34 and a 12-month high of $104.45. The company has a market cap of $14.76 billion, a price-to-earnings ratio of 11.40 and a beta of 0.70. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. The stock’s 50 day simple moving average is $84.99 and its 200 day simple moving average is $84.95.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, February 13th. CF Industries’s payout ratio is 24.10%.

Institutional Investors Weigh In On CF Industries

A number of hedge funds and other institutional investors have recently modified their holdings of CF. Harbor Capital Advisors Inc. raised its holdings in shares of CF Industries by 78.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 128 shares in the last quarter. True Wealth Design LLC grew its position in CF Industries by 396.2% in the third quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock worth $35,000 after buying an additional 309 shares during the last quarter. Eastern Bank acquired a new position in CF Industries in the third quarter worth approximately $35,000. Hantz Financial Services Inc. increased its holdings in shares of CF Industries by 46.3% in the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after buying an additional 156 shares in the last quarter. Finally, Peterson Wealth Services lifted its position in shares of CF Industries by 451.3% during the 3rd quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock valued at $40,000 after acquiring an additional 361 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.