CF Industries Holdings Inc. (NYSE:CF) was downgraded by stock analysts at Royal Bank Of Canada from a “sector perform” rating to an “underperform” rating in a report released on Tuesday. They currently have a $22.00 price target on the stock. Royal Bank Of Canada’s price objective would indicate a potential downside of 22.48% from the company’s current price.

Several other research analysts also recently issued reports on CF. Vetr raised CF Industries Holdings from a “buy” rating to a “strong-buy” rating and set a $29.00 price objective on the stock in a report on Monday, July 25th. Atlantic Securities downgraded CF Industries Holdings from an “overweight” rating to a “neutral” rating and cut their price target for the company from $35.00 to $24.00 in a research note on Friday, August 5th. Morgan Stanley set a $24.00 price target on CF Industries Holdings and gave the company a “hold” rating in a research note on Friday, August 5th. Credit Suisse Group AG reissued a “buy” rating on shares of CF Industries Holdings in a research note on Friday, August 5th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $28.00 price target on shares of CF Industries Holdings in a research note on Friday, August 5th. Six analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $28.09.

Analyst Recommendations for CF Industries Holdings (NYSE:CF)

Shares of CF Industries Holdings (NYSE:CF) opened at 28.38 on Tuesday. CF Industries Holdings has a one year low of $20.77 and a one year high of $46.75. The company has a 50 day moving average price of $25.28 and a 200 day moving average price of $25.65. The company has a market cap of $6.62 billion, a P/E ratio of 94.60 and a beta of 1.32.

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

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Tuesday, November 15th will be paid a $0.30 dividend. 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 currently 413.79%.

A number of large investors have recently modified their holdings of CF. Pacer Advisors Inc. increased its stake in shares of 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 during the period. Tower Research Capital LLC TRC increased its stake in shares of 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 during the period. Toronto Dominion Bank increased its stake in shares of CF Industries Holdings by 431.5% in the third quarter. Toronto Dominion Bank now owns 6,808 shares of the company’s stock valued at $166,000 after buying an additional 5,527 shares during the period. Tradewinds Capital Management LLC increased its stake in shares of CF Industries Holdings by 150.0% in the third quarter. Tradewinds Capital Management LLC now owns 7,250 shares of the company’s stock valued at $177,000 after buying an additional 4,350 shares during the period. Finally, Point72 Asia Hong Kong Ltd increased its stake in shares of 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 during the period. Institutional investors and hedge funds 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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