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

CF Industries Holdings, Inc. (NYSE:CF) has been assigned an average recommendation of “Hold” from the seventeen brokerages that are covering the company, MarketBeat.com reports. Nine equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $51.96.

A number of research firms have weighed in on CF. Bank of America upgraded CF Industries from a “neutral” rating to a “buy” rating and set a $56.00 target price for the company in a research report on Monday, November 25th. Zacks Investment Research cut CF Industries from a “buy” rating to a “hold” rating and set a $49.00 price target on the stock. in a research report on Monday, November 4th. Consumer Edge began coverage on CF Industries in a research note on Monday, September 23rd. They issued an “overweight” rating on the stock. ValuEngine lowered CF Industries from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Royal Bank of Canada decreased their target price on CF Industries from $48.00 to $44.00 and set a “sector perform” rating for the company in a research note on Friday, November 1st.

In other news, Director Stephen A. Furbacher sold 3,500 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $47.50, for a total transaction of $166,250.00. Following the completion of the sale, the director now directly owns 49,187 shares of the company’s stock, valued at $2,336,382.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Bert A. Frost sold 13,000 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $45.50, for a total value of $591,500.00. Following the completion of the transaction, the vice president now owns 95,072 shares of the company’s stock, valued at approximately $4,325,776. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of CF. North Star Investment Management Corp. purchased a new stake in shares of CF Industries in the third quarter valued at $30,000. Parallel Advisors LLC lifted its stake in CF Industries by 103.7% in the 3rd quarter. Parallel Advisors LLC now owns 725 shares of the basic materials company’s stock worth $36,000 after acquiring an additional 369 shares in the last quarter. CSat Investment Advisory L.P. lifted its stake in CF Industries by 27.5% in the 2nd quarter. CSat Investment Advisory L.P. now owns 1,010 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 218 shares in the last quarter. Ibex Wealth Advisors purchased a new stake in CF Industries in the 2nd quarter worth about $51,000. Finally, B & T Capital Management DBA Alpha Capital Management purchased a new position in CF Industries during the 3rd quarter valued at about $60,000. Hedge funds and other institutional investors own 93.71% of the company’s stock.

CF Industries stock traded down $0.74 during trading hours on Tuesday, hitting $44.95. 1,475,118 shares of the company traded hands, compared to its average volume of 2,383,293. CF Industries has a 1-year low of $38.90 and a 1-year high of $55.15. The firm has a market cap of $10.05 billion, a P/E ratio of 36.25, a P/E/G ratio of 3.36 and a beta of 0.95. The firm’s 50-day simple moving average is $46.42 and its two-hundred day simple moving average is $46.88. The company has a quick ratio of 1.10, a current ratio of 1.34 and a debt-to-equity ratio of 0.74.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.06). CF Industries had a return on equity of 7.98% and a net margin of 10.42%. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company posted $0.13 earnings per share. The company’s revenue was down .2% on a year-over-year basis. On average, equities research analysts predict that CF Industries will post 2.29 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.67%. CF Industries’s dividend payout ratio (DPR) is presently 96.77%.

About CF Industries

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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Analyst Recommendations for CF Industries (NYSE:CF)

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