CF Industries Holdings Inc. (NYSE:CF) Receives Average Recommendation of “Hold” from Analysts
Shares of CF Industries Holdings Inc. (NYSE:CF) have received an average rating of “Hold” from the eighteen analysts that are currently covering the company. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $28.67.
Several research analysts have recently issued reports on the company. Vetr upgraded CF Industries Holdings from a “hold” rating to a “buy” rating and set a $31.86 price target on the stock in a research report on Monday, June 13th. Morgan Stanley reaffirmed a “buy” rating and set a $30.00 price objective on shares of CF Industries Holdings in a research note on Thursday, June 16th. Barclays PLC dropped their price objective on CF Industries Holdings from $36.00 to $31.00 and set an “overweight” rating on the stock in a research note on Thursday, June 23rd. Finally, Royal Bank Of Canada dropped their price objective on CF Industries Holdings from $30.00 to $26.00 and set a “sector perform” rating on the stock in a research note on Wednesday, July 13th.
In other news, Director Robert C. Arzbaecher acquired 21,600 shares of CF Industries Holdings stock in a transaction dated Tuesday, August 16th. The stock was bought at an average price of $23.25 per share, for a total transaction of $502,200.00. Following the completion of the acquisition, the director now directly owns 88,443 shares in the company, valued at approximately $2,056,299.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.84% of the company’s stock.
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Several large investors have recently added to or reduced their stakes in the stock. Advantus Capital Management Inc increased its stake in CF Industries Holdings by 0.3% in the second quarter. Advantus Capital Management Inc now owns 22,458 shares of the company’s stock worth $541,000 after buying an additional 65 shares during the last quarter. OLD Second National Bank of Aurora increased its stake in CF Industries Holdings by 0.6% in the second quarter. OLD Second National Bank of Aurora now owns 32,881 shares of the company’s stock worth $792,000 after buying an additional 207 shares during the last quarter. Pacer Advisors Inc. increased its stake in CF Industries Holdings by 7.7% in the second quarter. Pacer Advisors Inc. now owns 4,204 shares of the company’s stock worth $101,000 after buying an additional 301 shares during the last quarter. Eqis Capital Management Inc. increased its stake in CF Industries Holdings by 2.9% in the third quarter. Eqis Capital Management Inc. now owns 11,036 shares of the company’s stock worth $269,000 after buying an additional 307 shares during the last quarter. Finally, Svenska Handelsbanken AB publ increased its stake in CF Industries Holdings by 0.7% in the second quarter. Svenska Handelsbanken AB publ now owns 49,842 shares of the company’s stock worth $1,201,000 after buying an additional 347 shares during the last quarter. Institutional investors own 99.09% of the company’s stock.
CF Industries Holdings (NYSE:CF) traded up 0.54% during mid-day trading on Monday, hitting $24.08. The stock had a trading volume of 1,797,662 shares. CF Industries Holdings has a 52 week low of $20.77 and a 52 week high of $54.27. The company has a market capitalization of $5.61 billion, a P/E ratio of 29.66 and a beta of 1.62. The stock’s 50-day moving average is $24.35 and its 200 day moving average is $27.21.
CF Industries Holdings (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by $0.35. CF Industries Holdings had a return on equity of 8.04% and a net margin of 4.55%. The company earned $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the business earned $1.49 earnings per share. The firm’s revenue for the quarter was down 13.5% on a year-over-year basis. Equities analysts forecast that CF Industries Holdings will post $1.06 earnings per share for the current fiscal year.
CF Industries Holdings Company Profile
CF Industries Holdings, Inc is the manufacturer and distributor of 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 its industrial customers, and compound fertilizer products (NPKs).
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