CF Industries (NYSE:CF) Trading Up 5.2%

CF Industries Holdings, Inc. (NYSE:CF) shares were up 5.2% on Wednesday . The stock traded as high as $25.78 and last traded at $26.96, approximately 111,236 shares traded hands during mid-day trading. A decline of 97% from the average daily volume of 4,110,555 shares. The stock had previously closed at $25.62.

Several equities research analysts have recently weighed in on CF shares. Morgan Stanley dropped their target price on shares of CF Industries from $48.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 11th. Royal Bank of Canada decreased their price target on shares of CF Industries from $46.00 to $43.00 and set a “sector perform” rating for the company in a report on Friday, February 14th. BMO Capital Markets reaffirmed a “buy” rating and issued a $52.00 price target on shares of CF Industries in a report on Friday, February 14th. Susquehanna Bancshares decreased their price target on shares of CF Industries from to in a report on Tuesday, February 18th. Finally, TheStreet lowered shares of CF Industries from a “b-” rating to a “c+” rating in a report on Wednesday, March 18th. Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $48.11.

The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.94 and a current ratio of 1.46. The business’s 50 day simple moving average is $34.13 and its 200-day simple moving average is $43.41. The stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of 12.73, a price-to-earnings-growth ratio of 2.36 and a beta of 1.07.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 12th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.01). The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.03 billion. CF Industries had a net margin of 10.74% and a return on equity of 8.10%. The company’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.21 earnings per share. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 1.81 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date was Thursday, February 13th. CF Industries’s payout ratio is 62.18%.

Several large investors have recently modified their holdings of CF. United Asset Strategies Inc. grew its position in CF Industries by 1.7% in the fourth quarter. United Asset Strategies Inc. now owns 14,536 shares of the basic materials company’s stock worth $694,000 after acquiring an additional 243 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of CF Industries by 2.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 13,530 shares of the basic materials company’s stock worth $645,000 after buying an additional 339 shares during the period. Sunbelt Securities Inc. bought a new stake in shares of CF Industries during the 4th quarter worth $5,263,000. Metropolitan Life Insurance Co NY boosted its holdings in shares of CF Industries by 1.6% during the 3rd quarter. Metropolitan Life Insurance Co NY now owns 33,868 shares of the basic materials company’s stock worth $1,666,000 after buying an additional 521 shares during the period. Finally, Piedmont Investment Advisors Inc. boosted its holdings in shares of CF Industries by 12.7% during the 4th quarter. Piedmont Investment Advisors Inc. now owns 5,726 shares of the basic materials company’s stock worth $273,000 after buying an additional 643 shares during the period. 92.94% of the stock is owned by institutional investors.

CF Industries Company Profile (NYSE:CF)

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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