The CF Industries Holdings, Inc. (CF) Downgraded by BidaskClub to “Sell”

The CF Industries Holdings, Inc. (CF) Downgraded by BidaskClub to “Sell”

A number of other brokerages have also issued reports on CF. ValuEngine upgraded shares of CF Industries Holdings from a sell rating to a hold rating in a research report on Tuesday, July 25th. Credit Suisse Group lowered shares of CF Industries Holdings from an outperform rating to a neutral rating and decreased their target price for the company from $31.00 to $30.00 in a research report on Wednesday, July 26th. Stifel Nicolaus reiterated a hold rating and issued a $28.00 target price (down previously from $31.00) on shares of CF Industries Holdings in a research report on Monday, July 10th. Citigroup Inc. decreased their target price on shares of CF Industries Holdings from $36.00 to $31.00 and set a neutral rating for the company in a research report on Tuesday, April 11th. Finally, Barclays PLC decreased their target price on shares of CF Industries Holdings from $31.00 to $29.00 and set an equal weight rating for the company in a research report on Thursday, July 13th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of Hold and an average price target of $31.36.

BidaskClub lowered shares of CF Industries Holdings, Inc. (NYSE:CF) from a hold rating to a sell rating in a report released on Tuesday morning.

Shares of CF Industries Holdings (CF) traded down 0.99% during mid-day trading on Tuesday, hitting $28.93. 1,499,680 shares of the company traded hands. CF Industries Holdings has a 52-week low of $20.77 and a 52-week high of $37.17. The firm has a 50-day moving average price of $28.62 and a 200 day moving average price of $29.74. The firm’s market cap is $6.75 billion. CF Industries Holdings also was the target of unusually large options trading activity on Monday. Stock traders bought 12,749 put options on the stock. This represents an increase of approximately 508% compared to the typical volume of 2,096 put options.

CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.09 by $0.04. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $988.56 million. CF Industries Holdings had a positive return on equity of 0.41% and a negative net margin of 8.77%. The firm’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 EPS. Equities research analysts anticipate that CF Industries Holdings will post ($0.42) EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $1.20 annualized dividend and a dividend yield of 4.11%. CF Industries Holdings’s dividend payout ratio (DPR) is -85.71%.

A number of hedge funds have recently bought and sold shares of the stock. DekaBank Deutsche Girozentrale raised its stake in CF Industries Holdings by 30.0% in the second quarter. DekaBank Deutsche Girozentrale now owns 765,065 shares of the basic materials company’s stock worth $21,009,000 after buying an additional 176,537 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in CF Industries Holdings by 10.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,212,670 shares of the basic materials company’s stock worth $33,907,000 after buying an additional 111,756 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in CF Industries Holdings by 2,035.9% in the second quarter. Canada Pension Plan Investment Board now owns 65,465 shares of the basic materials company’s stock worth $1,830,000 after buying an additional 62,400 shares in the last quarter. Global X Management Co. LLC raised its stake in CF Industries Holdings by 12.1% in the second quarter. Global X Management Co. LLC now owns 26,112 shares of the basic materials company’s stock worth $730,000 after buying an additional 2,823 shares in the last quarter. Finally, HL Financial Services LLC purchased a new stake in CF Industries Holdings during the second quarter worth approximately $338,000.

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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