CF Industries Holdings, Inc. (NYSE:CF) Receives $88.42 Average Price Target from Brokerages

Shares of CF Industries Holdings, Inc. (NYSE:CF) have received an average rating of “Hold” from the twelve research firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $88.42.

Several analysts recently weighed in on CF shares. UBS Group lifted their price target on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Piper Sandler boosted their price target on shares of CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a research report on Friday, November 8th. Wells Fargo & Company raised their price objective on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Tuesday, September 24th. BMO Capital Markets upped their target price on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Finally, Barclays increased their target price on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, October 11th.

Insider Activity

In other news, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the transaction, the executive vice president now directly owns 66,268 shares in the company, valued at $5,964,120. This trade represents a 2.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Ashraf K. Malik sold 7,201 shares of CF Industries stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.02, for a total transaction of $648,234.02. Following the sale, the vice president now owns 29,211 shares of the company’s stock, valued at approximately $2,629,574.22. The trade was a 19.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,201 shares of company stock worth $1,727,694. Corporate insiders own 0.48% of the company’s stock.

Institutional Trading of CF Industries

Hedge funds have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. increased its holdings in CF Industries by 4.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company’s stock valued at $247,000 after buying an additional 135 shares in the last quarter. First Horizon Advisors Inc. increased its stake in shares of CF Industries by 8.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock valued at $139,000 after purchasing an additional 146 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its stake 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 valued at $56,000 after purchasing an additional 167 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in CF Industries by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock worth $2,004,000 after purchasing an additional 179 shares during the period. Finally, UMB Bank n.a. boosted its position 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 worth $49,000 after purchasing an additional 191 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

Shares of CF Industries stock opened at $88.15 on Friday. The stock has a market capitalization of $15.34 billion, a price-to-earnings ratio of 13.86, a price-to-earnings-growth ratio of 2.37 and a beta of 0.97. The company has a fifty day moving average of $85.41 and a 200-day moving average of $79.47. CF Industries has a 52-week low of $69.13 and a 52-week high of $91.06. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.50. The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the business earned $0.85 earnings per share. Equities research analysts expect that CF Industries will post 6.32 EPS for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries’s payout ratio is 31.65%.

CF Industries Company Profile

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.