Weekly Research Analysts’ Ratings Changes for CF Industries (CF)

CF Industries (NYSE: CF) recently received a number of ratings updates from brokerages and research firms:

• 10/18/2024 – CF Industries is now covered by analysts at Redburn Atlantic. They set a “neutral” rating and a $77.00 price target on the stock.
• 10/16/2024 – CF Industries was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $83.00 price target on the stock.
• 10/11/2024 – CF Industries had its price target raised by analysts at Barclays PLC from $90.00 to $96.00. They now have an “overweight” rating on the stock.
• 10/9/2024 – CF Industries had its price target raised by analysts at Mizuho from $76.00 to $93.00. They now have a “neutral” rating on the stock.
• 9/24/2024 – CF Industries had its price target raised by analysts at Wells Fargo & Company from $88.00 to $92.00. They now have an “overweight” rating on the stock.
• 8/26/2024 – CF Industries had its price target raised by analysts at UBS Group AG from $80.00 to $85.00. They now have a “neutral” rating on the stock.

CF Industries Stock Up 0.3 %

CF stock opened at $84.17 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $90.86. The stock’s 50 day simple moving average is $82.99 and its 200 day simple moving average is $78.29. The company has a market cap of $15.38 billion, a P/E ratio of 13.98, a price-to-earnings-growth ratio of 2.49 and a beta of 0.95.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.50. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter last year, the firm posted $2.70 EPS. CF Industries’s revenue was down 11.4% compared to the same quarter last year. On average, research analysts expect that CF Industries Holdings, Inc. will post 5.84 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a $0.50 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a yield of 2.38%. CF Industries’s payout ratio is 33.22%.

Insider Buying and Selling at CF Industries

In other news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.02, for a total value of $648,234.02. Following the transaction, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.02, for a total transaction of $648,234.02. Following the transaction, the vice president now directly owns 29,211 shares of the company’s stock, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Susan L. Menzel sold 2,000 shares of the company’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction of $180,000.00. Following the completion of the sale, the executive vice president now directly owns 66,268 shares of the company’s stock, valued at $5,964,120. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CF. Concurrent Investment Advisors LLC grew its position in CF Industries by 4.5% during the first quarter. Concurrent Investment Advisors LLC now owns 3,236 shares of the basic materials company’s stock valued at $269,000 after buying an additional 140 shares during the period. Bleakley Financial Group LLC grew its position in shares of CF Industries by 4.8% during the 1st quarter. Bleakley Financial Group LLC now owns 3,089 shares of the basic materials company’s stock valued at $257,000 after acquiring an additional 141 shares during the period. First Horizon Advisors Inc. increased its stake in shares of CF Industries by 8.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock worth $139,000 after purchasing an additional 146 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its holdings in shares of CF Industries by 28.1% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 167 shares during the period. Finally, UMB Bank n.a. grew its holdings in CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 191 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

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.