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

Shares of CF Industries Holdings, Inc. (NYSE:CF) have been assigned an average recommendation of “Hold” from the eighteen research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $88.1429.

A number of equities analysts have commented on CF shares. Wells Fargo & Company assumed coverage on shares of CF Industries in a report on Tuesday, November 11th. They issued an “overweight” rating and a $100.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CF Industries in a research report on Monday, December 29th. JPMorgan Chase & Co. reduced their price target on CF Industries from $87.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, January 15th. UBS Group lowered their price objective on CF Industries from $91.00 to $86.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Finally, Canadian Imperial Bank of Commerce upgraded CF Industries to a “hold” rating in a report on Tuesday, December 2nd.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in CF Industries by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock worth $1,368,000 after purchasing an additional 518 shares during the period. Jones Financial Companies Lllp lifted its position in shares of CF Industries by 161.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock worth $928,000 after buying an additional 7,324 shares during the last quarter. Woodline Partners LP boosted its holdings in shares of CF Industries by 40.7% in the 1st quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock valued at $1,149,000 after buying an additional 4,252 shares during the period. Focus Partners Wealth grew its position in shares of CF Industries by 21.8% during the 1st quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock valued at $278,000 after buying an additional 638 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in CF Industries by 141.6% during the first quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 463 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Trading Up 0.5%

CF opened at $94.63 on Tuesday. The firm has a market capitalization of $14.76 billion, a P/E ratio of 11.40 and a beta of 0.70. The firm’s 50 day moving average is $84.99 and its 200-day moving average is $84.95. CF Industries has a 52-week low of $67.34 and a 52-week high of $104.45. The company has a quick ratio of 1.99, a current ratio of 2.27 and a debt-to-equity ratio of 0.39.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, February 13th. CF Industries’s payout ratio is 24.10%.

About CF Industries

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.