Wood & Company lowered shares of CF Industries Holdings Inc. (NYSE:CF) to an underperform rating in a research note published on Tuesday morning.
CF has been the topic of several other reports. Credit Suisse Group AG reaffirmed a buy rating on shares of CF Industries Holdings in a report on Friday, August 5th. Vetr upgraded CF Industries Holdings from a buy rating to a strong-buy rating and set a $28.46 price target on the stock in a report on Monday, October 24th. BMO Capital Markets restated a buy rating and set a $28.00 price target on shares of CF Industries Holdings in a report on Friday, August 5th. Finally, Barclays PLC decreased their price target 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. Seven investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $27.79.
CF Industries Holdings (NYSE:CF) opened at 28.55 on Tuesday. The firm’s 50-day moving average price is $25.40 and its 200 day moving average price is $25.63. The stock has a market cap of $6.66 billion, a price-to-earnings ratio of 95.17 and a beta of 1.32. CF Industries Holdings has a 12 month low of $20.77 and a 12 month high of $46.75.
CF Industries Holdings (NYSE:CF) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.11. The business had revenue of $680 million for the quarter, compared to analysts’ expectations of $805.58 million. CF Industries Holdings had a return on equity of 5.94% and a net margin of 1.77%. The company’s revenue for the quarter was down 26.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 EPS. On average, analysts anticipate that CF Industries Holdings will post $0.78 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 15th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend is Thursday, November 10th. CF Industries Holdings’s dividend payout ratio (DPR) is presently 413.79%.
Large investors have recently added to or reduced their stakes in the stock. Municipal Employees Retirement System of Michigan boosted its stake in CF Industries Holdings by 0.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 11,100 shares of the company’s stock worth $270,000 after buying an additional 50 shares during the period. Advantus Capital Management Inc boosted 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 period. Profund Advisors LLC boosted its stake in CF Industries Holdings by 0.7% in the third quarter. Profund Advisors LLC now owns 26,657 shares of the company’s stock worth $649,000 after buying an additional 176 shares during the period. OLD Second National Bank of Aurora boosted 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 period. Finally, Norinchukin Bank The boosted its stake in CF Industries Holdings by 2.1% in the third quarter. Norinchukin Bank The now owns 12,481 shares of the company’s stock worth $304,000 after buying an additional 255 shares during the period. Institutional investors own 98.73% of the company’s stock.
CF Industries Holdings Company Profile