Analysts Set CF Industries Holdings, Inc. (NYSE:CF) Target Price at $90.38

Shares of CF Industries Holdings, Inc. (NYSE:CF) have been assigned an average recommendation of “Hold” from the thirteen research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $92.38.

Several research firms recently commented on CF. Barclays boosted their price objective on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Oppenheimer assumed coverage on shares of CF Industries in a research report on Thursday, December 12th. They set an “outperform” rating and a $114.00 price target on the stock. Royal Bank of Canada boosted their price target on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Wells Fargo & Company boosted their price target on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Finally, Redburn Atlantic assumed coverage on shares of CF Industries in a research report on Friday, October 18th. They set a “neutral” rating and a $77.00 price target on the stock.

Insider Activity at CF Industries

In other news, VP Ashraf K. Malik sold 7,000 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $90.78, for a total value of $635,460.00. Following the sale, the vice president now directly owns 22,211 shares of the company’s stock, valued at $2,016,314.58. This represents a 23.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total transaction of $264,000.00. Following the completion of the sale, the executive vice president now directly owns 103,155 shares in the company, valued at $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,389 shares of company stock valued at $2,355,425. Corporate insiders own 0.42% of the company’s stock.

Institutional Trading of CF Industries

A number of hedge funds and other institutional investors have recently modified their holdings of CF. Acadian Asset Management LLC purchased a new stake in shares of CF Industries in the 2nd quarter worth about $703,000. Choreo LLC grew its position in shares of CF Industries by 24.5% in the 2nd quarter. Choreo LLC now owns 7,270 shares of the basic materials company’s stock worth $533,000 after buying an additional 1,430 shares during the period. American Century Companies Inc. grew its position in shares of CF Industries by 15.5% in the 2nd quarter. American Century Companies Inc. now owns 276,289 shares of the basic materials company’s stock worth $20,479,000 after buying an additional 37,011 shares during the period. Oppenheimer Asset Management Inc. grew its position in CF Industries by 32.9% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 6,063 shares of the basic materials company’s stock valued at $449,000 after purchasing an additional 1,502 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in CF Industries by 8.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 280,628 shares of the basic materials company’s stock valued at $20,800,000 after purchasing an additional 21,766 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

CF opened at $97.01 on Monday. The company has a fifty day moving average price of $88.39 and a two-hundred day moving average price of $82.79. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries has a 52 week low of $69.13 and a 52 week high of $98.25. The firm has a market capitalization of $16.88 billion, a PE ratio of 15.35, a P/E/G ratio of 0.69 and a beta of 0.98.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The company had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the business earned $0.85 EPS. The firm’s revenue was up 7.6% on a year-over-year basis. As a group, analysts anticipate that CF Industries will post 6.38 earnings per share for the current year.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.