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

Shares of CF Industries Holdings, Inc. (NYSE:CF) have been given a consensus rating of “Hold” by the thirteen ratings firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $90.38.

Several research analysts have recently weighed in on the stock. Mizuho upped their price target on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective on the stock. in a report on Wednesday, October 16th. Oppenheimer initiated coverage on shares of CF Industries in a research report on Thursday, December 12th. They issued an “outperform” rating and a $114.00 target price for the company. Piper Sandler lifted their target price on CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a research report on Friday, November 8th. Finally, Wells Fargo & Company raised their price target on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday, September 24th.

Insider Buying and Selling at CF Industries

In other news, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the completion of the sale, the executive vice president now owns 103,155 shares in the company, valued at $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Susan L. Menzel sold 3,500 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total transaction of $325,010.00. Following the completion of the sale, the executive vice president now owns 62,768 shares of the company’s stock, valued at approximately $5,828,636.48. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,500 shares of company stock valued at $1,224,470. Company insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On CF Industries

Several institutional investors have recently made changes to their positions in CF. Wolff Wiese Magana LLC purchased a new stake in CF Industries in the third quarter valued at approximately $28,000. Brooklyn Investment Group purchased a new position in shares of CF Industries during the third quarter worth approximately $39,000. Quent Capital LLC boosted its stake in shares of CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 284 shares in the last quarter. Catalyst Capital Advisors LLC grew its holdings in shares of CF Industries by 262.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 478 shares during the last quarter. Finally, Kimelman & Baird LLC purchased a new position in CF Industries in the 2nd quarter worth $50,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 2.0 %

NYSE CF opened at $88.73 on Monday. The stock’s 50 day simple moving average is $87.25 and its 200 day simple moving average is $82.14. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The firm has a market cap of $15.44 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. CF Industries has a one year low of $69.13 and a one year high of $94.46.

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

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.