CF Industries (NYSE:CF) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of CF Industries (NYSE:CF – Get Rating) in a research note released on Thursday morning. The firm issued a hold rating on the basic materials company’s stock.

Other research analysts also recently issued reports about the stock. UBS Group lowered their price target on shares of CF Industries from $104.00 to $100.00 and set a buy rating for the company in a report on Thursday, February 16th. Credit Suisse Group restated an underperform rating and issued a $75.00 price objective on shares of CF Industries in a report on Thursday, February 16th. HSBC downgraded CF Industries from a buy rating to a hold rating and decreased their price objective for the company from $104.00 to $90.00 in a report on Tuesday, February 21st. Scotiabank downgraded CF Industries from a sector outperform rating to a sector perform rating and decreased their price objective for the company from $118.00 to $100.00 in a report on Monday, February 13th. Finally, Mizuho decreased their price objective on CF Industries from $105.00 to $101.00 and set a neutral rating for the company in a report on Friday, February 17th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, CF Industries currently has an average rating of Hold and an average price target of $104.80.

CF Industries Stock Down 2.9 %

Shares of NYSE:CF opened at $70.93 on Thursday. The company has a fifty day moving average of $83.81 and a 200-day moving average of $94.63. The company has a market capitalization of $13.89 billion, a PE ratio of 4.35, a price-to-earnings-growth ratio of 1.22 and a beta of 1.05. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.22 and a current ratio of 3.69. CF Industries has a 52-week low of $70.69 and a 52-week high of $119.60.

CF Industries (NYSE:CF – Get Rating) last announced its quarterly earnings results on Thursday, February 16th. The basic materials company reported $4.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.13 by $0.22. The company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.80 billion. CF Industries had a net margin of 29.91% and a return on equity of 48.59%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $3.71 earnings per share. On average, equities analysts predict that CF Industries will post 9.95 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 28th. Shareholders of record on Wednesday, February 15th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, February 14th. This represents a $1.60 dividend on an annualized basis and a yield of 2.26%. CF Industries’s payout ratio is currently 9.80%.

Institutional Trading of CF Industries

Large investors have recently bought and sold shares of the business. Romano Brothers AND Company bought a new position in shares of CF Industries during the 4th quarter worth about $26,000. Coppell Advisory Solutions Corp. bought a new position in shares of CF Industries during the 4th quarter worth about $26,000. Guardian Wealth Advisors LLC bought a new position in shares of CF Industries during the 3rd quarter worth about $32,000. Carolinas Wealth Consulting LLC boosted its position in shares of CF Industries by 48.3% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 341 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 111 shares in the last quarter. Finally, Kistler Tiffany Companies LLC bought a new position in shares of CF Industries during the 3rd quarter worth about $38,000. 92.94% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Company Profile

(Get Rating)

CF Industries Holdings, Inc engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through following segments: Ammonia, Granular Urea, UAN, AN, and Other.