CF Industries’ (CF) Sell Rating Reiterated at Rothschild & Co Redburn

Rothschild & Co Redburn reiterated their sell rating on shares of CF Industries (NYSE:CF) in a research report sent to investors on Wednesday morning, MarketBeat reports. The brokerage currently has a $72.00 target price on the basic materials company’s stock.

CF has been the subject of a number of other research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of CF Industries in a report on Monday, December 29th. Wells Fargo & Company initiated coverage on shares of CF Industries in a research note on Tuesday, November 11th. They set an “overweight” rating and a $100.00 price target for the company. Mizuho lowered their price target on CF Industries from $92.00 to $88.00 and set a “neutral” rating for the company in a report on Thursday, December 18th. JPMorgan Chase & Co. reduced their price objective on CF Industries from $87.00 to $80.00 and set a “neutral” rating on the stock in a report on Thursday, January 15th. Finally, Canadian Imperial Bank of Commerce raised CF Industries to a “hold” rating in a research report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $88.14.

CF Industries Price Performance

Shares of CF stock opened at $92.86 on Wednesday. The stock has a 50 day moving average price of $83.02 and a 200 day moving average price of $84.98. CF Industries has a 52-week low of $67.34 and a 52-week high of $104.45. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.99 and a current ratio of 2.27. The firm has a market capitalization of $14.48 billion, a P/E ratio of 11.19 and a beta of 0.70.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, topping analysts’ consensus estimates of $2.06 by $0.13. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.59 billion. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.The business’s revenue was up 21.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.55 earnings per share. As a group, sell-side analysts predict that CF Industries will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, February 13th. CF Industries’s dividend payout ratio (DPR) is 24.10%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CF. Trust Co. of Toledo NA OH bought a new stake in CF Industries during the second quarter valued at about $26,000. Harbor Capital Advisors Inc. lifted its position in shares of CF Industries by 78.0% during the third quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock valued at $26,000 after buying an additional 128 shares during the last quarter. True Wealth Design LLC boosted its holdings in shares of CF Industries by 396.2% in the 3rd quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock valued at $35,000 after buying an additional 309 shares in the last quarter. Eastern Bank purchased a new position in shares of CF Industries in the 3rd quarter worth approximately $35,000. Finally, Peterson Wealth Services raised its stake in shares of CF Industries by 451.3% during the 3rd quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 361 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

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.