CF Industries Holdings, Inc. (NYSE:CF) had its price objective reduced by Royal Bank Of Canada from $25.00 to $23.00 in a research report sent to investors on Friday, July 14th, Marketbeat Ratings reports. They currently have an underperform rating on the basic materials company’s stock.
CF has been the topic of a number of other reports. Zacks Investment Research cut shares of CF Industries Holdings from a hold rating to a strong sell rating in a research note on Monday, May 22nd. Barclays PLC restated an equal weight rating and set a $32.00 price target (down from $34.00) on shares of CF Industries Holdings in a research note on Saturday, April 22nd. Goldman Sachs Group, Inc. (The) upgraded shares of CF Industries Holdings from a neutral rating to a buy rating and set a $36.00 target price on the stock in a research note on Monday, March 20th. BidaskClub upgraded shares of CF Industries Holdings from a strong sell rating to a sell rating in a research note on Saturday, June 10th. Finally, ValuEngine upgraded shares of CF Industries Holdings from a sell rating to a hold rating in a research note on Tuesday, June 27th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Hold and an average price target of $31.36.
CF Industries Holdings (NYSE:CF) traded up 0.62% during mid-day trading on Friday, reaching $28.99. The company had a trading volume of 2,707,488 shares. CF Industries Holdings has a 12 month low of $20.77 and a 12 month high of $37.17. The firm’s 50-day moving average price is $28.45 and its 200-day moving average price is $29.90. The stock’s market cap is $6.76 billion.
CF Industries Holdings (NYSE:CF) last announced its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported $0.05 EPS for the quarter, missing the Zacks’ consensus estimate of $0.09 by $0.04. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $988.56 million. CF Industries Holdings had a negative net margin of 8.77% and a positive return on equity of 0.41%. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 earnings per share. Equities research analysts forecast that CF Industries Holdings will post ($0.42) EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This piece of content was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this piece of content can be accessed at https://stocknewstimes.com/2017/07/28/royal-bank-of-canada-trims-cf-industries-holdings-inc-cf-target-price-to-23-00-updated.html.
The business also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $1.20 annualized dividend and a dividend yield of 4.14%. CF Industries Holdings’s dividend payout ratio is -85.71%.
Large investors have recently bought and sold shares of the company. CENTRAL TRUST Co boosted its position in shares of 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 worth $107,000 after buying an additional 24 shares during the period. First Mercantile Trust Co. raised 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 worth $108,000 after buying an additional 676 shares in the last quarter. Financial Architects Inc raised 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 worth $122,000 after buying an additional 800 shares in the last quarter. Pacer Advisors Inc. raised 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 worth $126,000 after buying an additional 137 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised 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 worth $162,000 after buying an additional 1,415 shares in the last quarter.
About CF Industries Holdings
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).
Receive News & Ratings for CF Industries Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
