CF Industries (NYSE:CF) Price Target Cut to $95.00 by Analysts at Barclays

CF Industries (NYSE:CF) had its target price trimmed by Barclays from $100.00 to $95.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has an equal weight rating on the basic materials company’s stock.

Several other equities analysts have also commented on CF. UBS Group dropped their price target on shares of CF Industries from $92.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Oppenheimer dropped their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Royal Bank of Canada dropped their price target on shares of CF Industries from $100.00 to $90.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Scotiabank dropped their price target on shares of CF Industries from $88.00 to $81.00 and set a “sector underperform” rating on the stock in a research note on Monday, February 24th. Finally, JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $82.00 to $75.00 in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $90.15.

CF Industries Stock Up 1.4 %

CF stock opened at $76.32 on Wednesday. The company’s 50 day moving average price is $86.93 and its 200 day moving average price is $85.56. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. CF Industries has a fifty-two week low of $69.13 and a fifty-two week high of $98.25. The firm has a market capitalization of $12.94 billion, a price-to-earnings ratio of 11.27, a PEG ratio of 0.37 and a beta of 0.99.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. On average, equities research analysts anticipate that CF Industries will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.62%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio is presently 29.54%.

Insider Buying and Selling

In related news, VP Ashraf K. Malik sold 8,889 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total transaction of $844,455.00. Following the completion of the sale, the vice president now directly owns 15,871 shares of the company’s stock, valued at $1,507,745. This trade represents a 35.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $96.00, for a total value of $144,000.00. Following the sale, the executive vice president now directly owns 92,486 shares of the company’s stock, valued at approximately $8,878,656. This represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,889 shares of company stock valued at $1,130,955 over the last three months. 0.42% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CF Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Siemens Fonds Invest GmbH acquired a new stake in CF Industries in the fourth quarter valued at $397,000. Total Wealth Planning & Management Inc. acquired a new stake in CF Industries in the fourth quarter valued at $417,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in CF Industries in the fourth quarter valued at $15,832,000. Brooklyn FI LLC acquired a new stake in CF Industries in the fourth quarter valued at $437,000. Finally, Talaria Asset Management Pty Ltd acquired a new stake in CF Industries in the fourth quarter valued at $28,156,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

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.