A number of other research firms also recently weighed in on CF. initiated coverage on shares of CF Industries in a research report on Wednesday, October 11th. They set a hold rating and a $36.30 price target for the company. Zacks Investment Research raised shares of CF Industries from a sell rating to a hold rating in a research report on Friday, October 13th. Stephens initiated coverage on shares of CF Industries in a research report on Monday, December 4th. They set an equal weight rating and a $38.00 price target for the company. Royal Bank of Canada raised their price target on shares of CF Industries from $27.00 to $32.00 and gave the stock an underperform rating in a research report on Friday, November 3rd. Finally, BMO Capital Markets reissued an outperform rating and set a $38.00 price target (up previously from $35.00) on shares of CF Industries in a research report on Friday, October 6th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $36.02.
CF Industries (CF) traded up $0.52 on Tuesday, hitting $40.08. 6,375,600 shares of the stock were exchanged, compared to its average volume of 3,381,200. The stock has a market capitalization of $9,420.00, a price-to-earnings ratio of -21.90, a P/E/G ratio of 25.08 and a beta of 1.21. CF Industries has a 12 month low of $25.04 and a 12 month high of $43.98. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.71 and a quick ratio of 1.51.
In other CF Industries news, Director Stephen A. Furbacher sold 3,500 shares of CF Industries stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $36.00, for a total value of $126,000.00. Following the completion of the transaction, the director now owns 50,854 shares of the company’s stock, valued at $1,830,744. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Bert A. Frost sold 7,500 shares of CF Industries stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $36.50, for a total transaction of $273,750.00. Following the completion of the transaction, the vice president now directly owns 67,232 shares of the company’s stock, valued at approximately $2,453,968. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.
Hedge funds have recently bought and sold shares of the business. Saratoga Research & Investment Management bought a new stake in CF Industries in the third quarter valued at $108,000. BT Investment Management Ltd bought a new stake in CF Industries in the second quarter valued at $126,000. Steward Partners Investment Advisory LLC bought a new stake in CF Industries in the third quarter valued at $183,000. Greenwood Capital Associates LLC bought a new stake in CF Industries in the third quarter valued at $201,000. Finally, Edmond DE Rothschild Holding S.A. lifted its stake in CF Industries by 101.4% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 7,250 shares of the basic materials company’s stock valued at $203,000 after buying an additional 3,650 shares during the last quarter.
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CF Industries Company Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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