Traders purchased shares of CF Industries Holdings, Inc. (NYSE:CF) on weakness during trading hours on Monday. $34.69 million flowed into the stock on the tick-up and $19.28 million flowed out of the stock on the tick-down, for a money net flow of $15.41 million into the stock. Of all stocks tracked, CF Industries had the 18th highest net in-flow for the day. CF Industries traded down ($1.45) for the day and closed at $42.67
CF has been the topic of several research analyst reports. Zacks Investment Research raised shares of CF Industries from a “sell” rating to a “hold” rating in a report on Friday. Stephens initiated coverage on shares of CF Industries in a report on Monday, December 4th. They issued an “equal weight” rating and a $38.00 price target on the stock. Scotiabank set a $35.00 price target on shares of CF Industries and gave the stock a “hold” rating in a report on Thursday, February 15th. Piper Jaffray Companies set a $44.00 price target on shares of CF Industries and gave the stock a “hold” rating in a report on Thursday, February 15th. Finally, Credit Suisse Group set a $40.00 price target on shares of CF Industries and gave the stock a “hold” rating in a report on Tuesday, January 16th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $38.02.
The company has a market capitalization of $9,950.00, a P/E ratio of 11.89, a P/E/G ratio of 10.11 and a beta of 1.09. The company has a current ratio of 2.53, a quick ratio of 2.05 and a debt-to-equity ratio of 0.70.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.81%. CF Industries’s dividend payout ratio (DPR) is currently 33.43%.
Several large investors have recently made changes to their positions in the company. Handelsbanken Fonder AB bought a new position in shares of CF Industries during the fourth quarter valued at about $1,276,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in shares of CF Industries by 26.7% during the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 78,616 shares of the basic materials company’s stock valued at $3,344,000 after buying an additional 16,550 shares during the last quarter. Sawtooth Solutions LLC bought a new position in shares of CF Industries during the fourth quarter valued at about $1,101,000. Brookfield Asset Management Inc. grew its stake in shares of CF Industries by 77.3% during the fourth quarter. Brookfield Asset Management Inc. now owns 19,500 shares of the basic materials company’s stock valued at $830,000 after buying an additional 8,500 shares during the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp bought a new position in shares of CF Industries during the fourth quarter valued at about $302,000.
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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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