ValuEngine upgraded shares of CF Industries Holdings, Inc. (NYSE:CF) from a sell rating to a hold rating in a research report report published on Tuesday morning.
Other equities research analysts also recently issued research reports about the company. Citigroup Inc. upgraded CF Industries Holdings from a neutral rating to a buy rating in a research report on Monday, May 15th. Credit Suisse Group restated a buy rating and set a $31.00 price target on shares of CF Industries Holdings in a research report on Friday, April 21st. BMO Capital Markets restated a buy rating and set a $38.00 price target on shares of CF Industries Holdings in a research report on Wednesday, April 5th. UBS AG upgraded CF Industries Holdings from a neutral rating to a buy rating and set a $33.00 price target on the stock in a research report on Friday, May 5th. Finally, Barclays PLC restated an equal weight rating and set a $32.00 price target (down previously from $34.00) on shares of CF Industries Holdings in a research report on Saturday, April 22nd. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $31.43.
Shares of CF Industries Holdings (NYSE:CF) traded down 4.04% during trading on Tuesday, reaching $28.95. The company’s stock had a trading volume of 3,502,617 shares. CF Industries Holdings has a 12-month low of $20.77 and a 12-month high of $37.17. The stock’s 50-day moving average is $28.18 and its 200-day moving average is $29.94. The stock’s market cap is $6.75 billion.
CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by $0.04. CF Industries Holdings had a negative net margin of 8.77% and a positive return on equity of 0.41%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $988.56 million. During the same quarter in the previous year, the business earned $0.40 EPS. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. Equities research analysts anticipate that CF Industries Holdings will post ($0.43) earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.98%. CF Industries Holdings’s payout ratio is -85.71%.
Hedge funds have recently bought and sold shares of the stock. CENTRAL TRUST Co boosted its stake in CF Industries Holdings by 0.7% in the first quarter. CENTRAL TRUST Co now owns 3,667 shares of the basic materials company’s stock valued at $107,000 after buying an additional 24 shares during the last quarter. First Mercantile Trust Co. boosted its stake in CF Industries Holdings by 22.4% in the first quarter. First Mercantile Trust Co. now owns 3,691 shares of the basic materials company’s stock valued at $108,000 after buying an additional 676 shares during the last quarter. Pacer Advisors Inc. boosted its stake in CF Industries Holdings by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock valued at $126,000 after buying an additional 137 shares during the last quarter. Financial Architects Inc boosted its stake in CF Industries Holdings by 22.5% in the second quarter. Financial Architects Inc now owns 4,350 shares of the basic materials company’s stock valued at $122,000 after buying an additional 800 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in CF Industries Holdings by 34.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,512 shares of the basic materials company’s stock valued at $162,000 after buying an additional 1,415 shares during the last quarter.
CF Industries Holdings 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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