Vetr downgraded shares of CF Industries Holdings Inc. (NYSE:CF) from a strong-buy rating to a buy rating in a research note published on Monday morning. Vetr currently has $26.27 price target on the stock.
CF has been the topic of a number of other research reports. Morgan Stanley reiterated a buy rating and set a $30.00 price objective on shares of CF Industries Holdings in a research note on Thursday, June 16th. BMO Capital Markets raised CF Industries Holdings from a market perform rating to an outperform rating and set a $28.00 target price on the stock in a report on Friday, July 8th. Credit Suisse Group AG reissued a buy rating on shares of CF Industries Holdings in a report on Friday, August 5th. Royal Bank Of Canada decreased their target price on CF Industries Holdings from $30.00 to $26.00 and set a sector perform rating on the stock in a report on Wednesday, July 13th. Finally, Barclays PLC decreased their target price on CF Industries Holdings from $31.00 to $25.00 and set an overweight rating on the stock in a report on Thursday, August 18th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company’s stock. CF Industries Holdings has a consensus rating of Hold and an average target price of $32.66.
Shares of CF Industries Holdings (NYSE:CF) traded up 0.33% on Monday, hitting $24.29. The company’s stock had a trading volume of 345,498 shares. CF Industries Holdings has a 52 week low of $20.77 and a 52 week high of $54.27. The firm has a market cap of $5.66 billion, a price-to-earnings ratio of 29.91 and a beta of 1.62. The stock’s 50-day moving average price is $24.20 and its 200-day moving average price is $27.40.
CF Industries Holdings (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company earned $1.49 EPS. The company’s revenue for the quarter was down 13.5% on a year-over-year basis. Equities analysts expect that CF Industries Holdings will post $1.06 earnings per share for the current fiscal year.
In other CF Industries Holdings news, Director Robert C. Arzbaecher acquired 21,600 shares of the company’s stock in a transaction that occurred on Tuesday, August 16th. The stock was acquired at an average cost of $23.25 per share, for a total transaction of $502,200.00. Following the transaction, the director now directly owns 88,443 shares in the company, valued at $2,056,299.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.84% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. increased its position in CF Industries Holdings by 7.7% in the second quarter. Pacer Advisors Inc. now owns 4,204 shares of the company’s stock valued at $101,000 after buying an additional 301 shares in the last quarter. Tower Research Capital LLC TRC increased its position in CF Industries Holdings by 778.9% in the second quarter. Tower Research Capital LLC TRC now owns 6,293 shares of the company’s stock valued at $151,000 after buying an additional 5,577 shares in the last quarter. Point72 Asia Hong Kong Ltd increased its position in CF Industries Holdings by 1,200.0% in the second quarter. Point72 Asia Hong Kong Ltd now owns 7,800 shares of the company’s stock valued at $188,000 after buying an additional 7,200 shares in the last quarter. Candriam Luxembourg S.C.A. increased its position in CF Industries Holdings by 28.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 9,175 shares of the company’s stock valued at $221,000 after buying an additional 2,030 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund purchased a new position in CF Industries Holdings during the second quarter valued at approximately $227,000. Hedge funds and other institutional investors own 99.09% of the company’s stock.
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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