Published On: Sun, Sep 18th, 2016

Vetr Inc. Downgrades CF Industries Holdings Inc. (CF) to Sell

CF Industries Holdings Inc. (NYSE:CF) was downgraded by stock analysts at Vetr from a “hold” rating to a “sell” rating in a report released on Monday. They presently have a $24.08 target price on the stock. Vetr‘s price target indicates a potential upside of 0.25% from the company’s previous close.
Several other research analysts have also weighed in on the company. Citigroup Inc. reduced their target price on CF Industries Holdings from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, August 10th. Barclays PLC reduced 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. Cleveland Research lowered CF Industries Holdings from a “buy” rating to a “neutral” rating in a report on Tuesday, May 24th. Morgan Stanley reiterated a “buy” rating and set a $30.00 target price on shares of CF Industries Holdings in a report on Thursday, June 16th. Finally, Credit Suisse Group AG reiterated a “buy” rating on shares of CF Industries Holdings in a report on Friday, August 5th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $33.36.
Shares of CF Industries Holdings (NYSE:CF) traded down 0.29% on Monday, hitting $24.02. The stock had a trading volume of 3,944,138 shares. The firm’s 50 day moving average is $24.16 and its 200-day moving average is $28.58. CF Industries Holdings has a one year low of $20.77 and a one year high of $55.74. The stock has a market capitalization of $5.60 billion, a PE ratio of 29.58 and a beta of 1.85.

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CF Industries Holdings (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.33 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 analyst estimates of $1.13 billion. During the same period last year, the firm earned $1.49 earnings per share. The firm’s revenue for the quarter was down 13.5% on a year-over-year basis. Equities research analysts expect that CF Industries Holdings will post $1.06 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Monday, August 15th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.00%. The ex-dividend date was Thursday, August 11th. CF Industries Holdings’s payout ratio is 148.15%.
In other news, Director Robert C. Arzbaecher bought 21,600 shares of the firm’s stock in a transaction dated Tuesday, August 16th. The shares were bought at an average price of $23.25 per share, with a total value of $502,200.00. Following the completion of the transaction, the director now owns 88,443 shares of the company’s stock, valued at $2,056,299.75. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.84% of the stock is owned by insiders.
Several institutional investors have recently bought and sold shares of CF. FMR LLC increased its position in 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 last quarter. 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 worth $521,656,000 after buying an additional 632,198 shares in the last quarter. State Street Corp increased its stake in shares of CF Industries Holdings by 5.6% in the first quarter. State Street Corp now owns 10,842,394 shares of the company’s stock worth $339,791,000 after buying an additional 571,479 shares in the last quarter. 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 worth $7,230,000 after buying an additional 6,935,215 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its stake in shares of CF Industries Holdings by 1.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 6,054,066 shares of the company’s stock worth $145,903,000 after buying an additional 67,936 shares in the last quarter. 99.09% of the stock is currently owned by institutional investors.
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).

To view Vetr’s full report, visit Vetr’s official website.

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