Analysts Set CF Industries Holdings, Inc. (NYSE:CF) Target Price at $89.20

Shares of CF Industries Holdings, Inc. (NYSE:CF) have received an average rating of “Hold” from the sixteen research firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $87.94.

Several research analysts recently weighed in on CF shares. Bank of America reiterated a “neutral” rating and issued a $88.00 price objective (down from $96.00) on shares of CF Industries in a research report on Wednesday, April 10th. Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 price objective on shares of CF Industries in a research report on Friday, February 16th. Berenberg Bank increased their price objective on CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a research report on Wednesday. Wells Fargo & Company lowered their price objective on CF Industries from $98.00 to $97.00 and set an “overweight” rating for the company in a research report on Friday, February 16th. Finally, Piper Sandler lowered CF Industries from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $87.00 to $82.00 in a research report on Thursday, February 29th.

Insider Activity

In other news, EVP Bert A. Frost sold 6,000 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $85.00, for a total value of $510,000.00. Following the sale, the executive vice president now directly owns 64,030 shares in the company, valued at $5,442,550. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.48% of the company’s stock.

Institutional Trading of CF Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of CF. Coppell Advisory Solutions Corp. acquired a new stake in CF Industries in the fourth quarter valued at $26,000. Clear Street Markets LLC increased its position in shares of CF Industries by 92.5% during the first quarter. Clear Street Markets LLC now owns 385 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 185 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of CF Industries during the fourth quarter worth about $29,000. ORG Partners LLC increased its position in shares of CF Industries by 428.6% during the third quarter. ORG Partners LLC now owns 370 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 300 shares in the last quarter. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of CF Industries during the fourth quarter worth about $32,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

NYSE:CF opened at $77.80 on Friday. CF Industries has a one year low of $60.08 and a one year high of $87.90. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.44 and a current ratio of 3.81. The stock has a market cap of $14.61 billion, a PE ratio of 9.92, a P/E/G ratio of 2.23 and a beta of 1.03. The stock has a 50 day moving average price of $81.34 and a 200 day moving average price of $79.77.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Thursday, February 15th. The basic materials company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.12). CF Industries had a net margin of 23.00% and a return on equity of 18.44%. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period in the prior year, the business posted $4.35 EPS. CF Industries’s revenue for the quarter was down 39.8% compared to the same quarter last year. Equities research analysts expect that CF Industries will post 5.85 EPS for the current fiscal year.

CF Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were paid a $0.50 dividend. This is a boost from CF Industries’s previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a dividend yield of 2.57%. The ex-dividend date was Wednesday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 25.51%.

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.