CF Industries (NYSE:CF) Rating Increased to Buy at ValuEngine – Slater Sentinel

ValuEngine upgraded shares of CF Industries (NYSE:CF) from a hold rating to a buy rating in a research note issued to investors on Wednesday, January 8th, ValuEngine reports.

A number of other research firms have also recently issued reports on CF. Cowen upped their price target on shares of CF Industries from $59.00 to $62.00 and gave the company an outperform rating in a report on Thursday, September 26th. Zacks Investment Research cut shares of CF Industries from a buy rating to a hold rating and set a $49.00 target price for the company. in a research note on Monday, November 4th. Consumer Edge started coverage on shares of CF Industries in a research note on Monday, September 23rd. They issued an overweight rating for the company. Scotiabank cut shares of CF Industries from an outperform rating to a sector perform rating and set a $48.00 target price for the company. in a research note on Wednesday, September 18th. Finally, Bank of America raised shares of CF Industries from a neutral rating to a buy rating and set a $56.00 price target for the company in a research report on Monday, November 25th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the companys stock. The stock currently has an average rating of Hold and a consensus target price of $50.80.

Shares of NYSE CF traded down $1.57 during mid-day trading on Wednesday, reaching $40.93. The company had a trading volume of 2,503,762 shares, compared to its average volume of 2,277,601. The stock has a market capitalization of $9.29 billion, a PE ratio of 18.78, a price-to-earnings-growth ratio of 2.91 and a beta of 0.95. CF Industries has a twelve month low of $38.90 and a twelve month high of $55.15. The stocks 50 day moving average is $45.99 and its 200-day moving average is $47.41. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.10 and a current ratio of 1.34.

In related news, Director Stephen A. Furbacher sold 3,500 shares of the firms stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $47.50, for a total transaction of $166,250.00. Following the sale, the director now directly owns 49,187 shares in the company, valued at $2,336,382.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Bert A. Frost sold 13,000 shares of CF Industries stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $45.50, for a total transaction of $591,500.00. Following the completion of the sale, the vice president now owns 95,072 shares in the company, valued at $4,325,776. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the company. North Star Investment Management Corp. bought a new stake in shares of CF Industries during the 3rd quarter worth about $30,000. Huntington National Bank bought a new stake in shares of CF Industries during the 4th quarter worth about $31,000. Parallel Advisors LLC boosted its holdings in shares of CF Industries by 103.7% during the 3rd quarter. Parallel Advisors LLC now owns 725 shares of the basic materials companys stock worth $36,000 after buying an additional 369 shares during the period. CSat Investment Advisory L.P. boosted its holdings in CF Industries by 27.5% in the 2nd quarter. CSat Investment Advisory L.P. now owns 1,010 shares of the basic materials companys stock valued at $47,000 after purchasing an additional 218 shares during the period. Finally, B & T Capital Management DBA Alpha Capital Management bought a new stake in CF Industries in the 3rd quarter valued at about $60,000. Institutional investors own 93.48% of the companys stock.

About CF Industries

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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CF Industries (NYSE:CF) Rating Increased to Buy at ValuEngine - Slater Sentinel