CF Industries Holdings Inc. (NYSE:CF) was downgraded by analysts at RBC Capital Markets from a “sector perform” rating to an “underperform” rating in a report issued on Tuesday. They currently have a $22.00 price objective on the stock. RBC Capital Markets’ price target would suggest a potential downside of 22.48% from the company’s current price. The analysts noted that the move was a valuation call.

Other analysts have also recently issued research reports about the stock. Vetr cut shares of CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $28.50 price objective for the company. in a research report on Tuesday, July 26th. BMO Capital Markets reiterated a “buy” rating and set a $28.00 target price on shares of CF Industries Holdings in a report on Friday, August 5th. Finally, Credit Suisse Group AG reiterated a “buy” rating on shares of CF Industries Holdings in a report on Friday, August 5th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $28.09.

Analyst Recommendations for CF Industries Holdings (NYSE:CF)

CF Industries Holdings (NYSE:CF) opened at 28.38 on Tuesday. CF Industries Holdings has a 52-week low of $20.77 and a 52-week high of $46.75. The company’s 50 day moving average price is $25.28 and its 200 day moving average price is $25.65. The firm has a market cap of $6.62 billion, a PE ratio of 94.60 and a beta of 1.32.

CF Industries Holdings (NYSE:CF) last released its quarterly earnings data on Wednesday, November 2nd. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.11. CF Industries Holdings had a net margin of 1.77% and a return on equity of 5.94%. The business earned $680 million during the quarter, compared to analysts’ expectations of $805.58 million. During the same quarter in the prior year, the company earned $0.39 EPS. The firm’s quarterly revenue was down 26.7% on a year-over-year basis. Analysts predict that CF Industries Holdings will post $0.78 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 15th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, November 10th. This represents a $1.20 annualized dividend and a yield of 4.23%. CF Industries Holdings’s dividend payout ratio (DPR) is presently 413.79%.

Large investors have recently modified their holdings of the company. FMR LLC increased its stake in shares of CF Industries Holdings by 17.4% in the second quarter. FMR LLC now owns 24,447,466 shares of the company’s stock valued at $589,184,000 after buying an additional 3,630,043 shares during the period. Vanguard Group Inc. increased its stake in shares of CF Industries Holdings by 3.0% in the second quarter. Vanguard Group Inc. now owns 21,645,472 shares of the company’s stock valued at $521,656,000 after buying an additional 632,198 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of CF Industries Holdings by 6.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 11,312,966 shares of the company’s stock valued at $275,471,000 after buying an additional 713,317 shares during the period. Credit Capital Investments LLC increased its stake in shares of CF Industries Holdings by 2,349.2% in the second quarter. Credit Capital Investments LLC now owns 7,230,433 shares of the company’s stock valued at $7,230,000 after buying an additional 6,935,215 shares during the period. Finally, Adage Capital Partners GP L.L.C. increased its stake in shares of CF Industries Holdings by 341.6% in the third quarter. Adage Capital Partners GP L.L.C. now owns 6,574,800 shares of the company’s stock valued at $160,096,000 after buying an additional 5,086,100 shares during the period. Hedge funds and other institutional investors own 97.14% of the company’s stock.

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About CF Industries Holdings

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).

5 Day Chart for NYSE:CF

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