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

CF Industries Holdings, Inc. (NYSE:CF) has been given an average rating of “Hold” by the twenty research firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $116.6250.

CF has been the subject of several research reports. JPMorgan Chase & Co. upped their price target on shares of CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. Zacks Research downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. The Goldman Sachs Group cut their target price on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, June 23rd. Canadian Imperial Bank of Commerce upped their target price on shares of CF Industries from $118.00 to $128.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Finally, BNP Paribas Exane decreased their price target on shares of CF Industries from $140.00 to $120.00 and set a “neutral” rating on the stock in a research report on Monday, June 15th.

CF Industries Price Performance

Shares of CF opened at $123.07 on Friday. The firm has a fifty day simple moving average of $114.13 and a two-hundred day simple moving average of $110.16. The firm has a market cap of $18.91 billion, a PE ratio of 11.06 and a beta of 0.40. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. CF Industries has a 1-year low of $75.42 and a 1-year high of $141.96.

CF Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.60 dividend. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, August 14th. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Institutional Trading of CF Industries

Hedge funds have recently bought and sold shares of the stock. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of CF Industries by 3.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock valued at $306,000 after buying an additional 84 shares in the last quarter. Eley Financial Management Inc grew its position in shares of CF Industries by 0.6% in the 1st quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company’s stock worth $1,787,000 after buying an additional 87 shares during the last quarter. Personal CFO Solutions LLC raised its stake in shares of CF Industries by 1.1% during the 1st quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock worth $1,062,000 after acquiring an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of CF Industries by 6.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company’s stock worth $194,000 after acquiring an additional 97 shares in the last quarter. Finally, Lakewood Asset Management LLC lifted its position in CF Industries by 0.9% during the fourth quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock valued at $957,000 after acquiring an additional 111 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.