CF Industries Holdings, Inc. (NYSE:CF) Receives $117.25 Consensus PT from Brokerages

CF Industries Holdings, Inc. (NYSE:CF) has been given an average rating of “Hold” by the twenty research firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $116.6250.

A number of analysts recently issued reports on CF shares. BMO Capital Markets dropped their price target on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. UBS Group reduced their price objective on shares of CF Industries from $140.00 to $130.00 in a research note on Friday, May 8th. JPMorgan Chase & Co. raised their price objective on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Berenberg Bank boosted their target price on shares of CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Finally, Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th.

CF Industries Stock Performance

Shares of CF opened at $126.82 on Friday. The business’s 50 day moving average is $114.25 and its two-hundred day moving average is $110.84. CF Industries has a 52-week low of $75.42 and a 52-week high of $141.96. The firm has a market cap of $19.48 billion, a price-to-earnings ratio of 11.39 and a beta of 0.40. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, August 14th. This is an increase from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a yield of 1.9%. CF Industries’s payout ratio is currently 17.97%.

Institutional Investors Weigh In On CF Industries

Institutional investors and hedge funds have recently made changes to their positions in the company. Himension Capital Singapore PTE. LTD. acquired a new stake in shares of CF Industries during the first quarter worth $25,000. Hantz Financial Services Inc. raised its position in shares of CF Industries by 46.3% during the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares during the period. Stance Capital LLC bought a new stake in shares of CF Industries in the 3rd quarter worth approximately $42,000. Eagle Bay Advisors LLC bought a new stake in shares of CF Industries in the 4th quarter worth approximately $43,000. Finally, WPG Advisers LLC boosted its position in CF Industries by 69.8% during the 4th quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 227 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

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.