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

Shares of CF Industries Holdings, Inc. (NYSE:CF) have received an average rating of “Hold” from the fifteen analysts that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $82.87.

A number of research firms have recently weighed in on CF. Wells Fargo & Company dropped their target price on CF Industries from $87.00 to $83.00 and set an “overweight” rating for the company in a research report on Tuesday, July 16th. Piper Sandler dropped their price objective on CF Industries from $82.00 to $75.00 and set an “underweight” rating for the company in a report on Tuesday, May 7th. BMO Capital Markets dropped their price objective on CF Industries from $100.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, May 6th. Barclays dropped their price objective on CF Industries from $85.00 to $80.00 and set an “equal weight” rating for the company in a report on Tuesday, July 23rd. Finally, UBS Group lowered their price target on CF Industries from $86.00 to $78.00 and set a “neutral” rating for the company in a report on Tuesday, July 9th.

Hedge Funds Weigh In On CF Industries

A number of large investors have recently made changes to their positions in CF. Westside Investment Management Inc. bought a new position in shares of CF Industries during the first quarter worth approximately $25,000. Turtle Creek Wealth Advisors LLC bought a new position in CF Industries during the 4th quarter worth $29,000. Meeder Asset Management Inc. bought a new position in CF Industries during the 4th quarter worth $36,000. ORG Partners LLC increased its stake in CF Industries by 62.2% during the 4th quarter. ORG Partners LLC now owns 600 shares of the basic materials company’s stock worth $48,000 after acquiring an additional 230 shares during the period. Finally, Mather Group LLC. bought a new position in CF Industries during the 1st quarter worth $55,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 2.1 %

CF stock opened at $75.04 on Monday. The company has a market cap of $13.72 billion, a P/E ratio of 12.47, a PEG ratio of 2.41 and a beta of 0.95. CF Industries has a twelve month low of $69.13 and a twelve month high of $87.90. The company has a quick ratio of 3.55, a current ratio of 3.94 and a debt-to-equity ratio of 0.37. The business has a fifty day moving average of $74.49 and a 200-day moving average of $77.53.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The company’s revenue was down 26.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.85 EPS. As a group, equities research analysts expect that CF Industries will post 5.18 EPS for the current year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. CF Industries’s dividend payout ratio (DPR) is currently 33.22%.

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.