Shares of CF Industries Holdings, Inc. (NYSE:CF) have been given an average rating of “Hold” by the sixteen ratings firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $31.82.
CF has been the topic of several recent research reports. Credit Suisse Group set a $30.00 price target on CF Industries Holdings and gave the stock a “hold” rating in a research note on Friday, August 4th. Zacks Investment Research downgraded CF Industries Holdings from a “hold” rating to a “strong sell” rating in a research note on Monday, May 22nd. BidaskClub upgraded CF Industries Holdings from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. Royal Bank Of Canada cut their price target on CF Industries Holdings from $25.00 to $23.00 and set an “underperform” rating on the stock in a research note on Friday, July 14th. Finally, ValuEngine upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th.
Shares of CF Industries Holdings (NYSE:CF) traded up 1.64% on Friday, hitting $32.89. The company had a trading volume of 4,863,973 shares. The stock’s market capitalization is $7.67 billion. CF Industries Holdings has a 52 week low of $22.00 and a 52 week high of $37.17. The firm’s 50 day moving average price is $30.33 and its 200-day moving average price is $28.89.
CF Industries Holdings (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.18. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. CF Industries Holdings had a negative return on equity of 0.40% and a negative net margin of 9.98%. The firm’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.33 EPS. Analysts forecast that CF Industries Holdings will post ($0.70) earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were paid a $0.30 dividend. The ex-dividend date was Friday, August 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.65%. CF Industries Holdings’s dividend payout ratio (DPR) is currently -75.47%.
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In other news, VP Bert A. Frost sold 6,400 shares of the firm’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $31.53, for a total value of $201,792.00. Following the transaction, the vice president now directly owns 59,732 shares in the company, valued at approximately $1,883,349.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.00% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in CF. Ffcm LLC raised its holdings in CF Industries Holdings by 218.4% in the 2nd quarter. Ffcm LLC now owns 4,041 shares of the basic materials company’s stock worth $118,000 after purchasing an additional 2,772 shares during the period. Financial Architects Inc raised its holdings in CF Industries Holdings by 22.5% in the 2nd quarter. Financial Architects Inc now owns 4,350 shares of the basic materials company’s stock worth $122,000 after purchasing an additional 800 shares during the period. Pacer Advisors Inc. raised its holdings in CF Industries Holdings by 3.3% in the 1st quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock worth $126,000 after purchasing an additional 137 shares during the period. Pacad Investment Ltd. bought a new position in CF Industries Holdings in the 2nd quarter worth $126,000. Finally, BT Investment Management Ltd bought a new position in CF Industries Holdings in the 2nd quarter worth $126,000.
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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