CF Industries (NYSE:CF) Trading Up 5.2%

CF Industries Holdings, Inc. (NYSE:CF)’s stock price was up 5.2% during trading on Wednesday . The company traded as high as $25.78 and last traded at $26.96, approximately 111,236 shares changed hands during trading. A decline of 97% from the average daily volume of 4,110,555 shares. The stock had previously closed at $25.62.

A number of equities research analysts have commented on CF shares. BMO Capital Markets reissued a “buy” rating and set a $52.00 price objective on shares of CF Industries in a report on Friday, February 14th. Credit Suisse Group started coverage on shares of CF Industries in a report on Friday, March 6th. They set a “buy” rating and a $45.00 price objective on the stock. Sanford C. Bernstein raised shares of CF Industries from an “underperform” rating to a “market perform” rating and set a $35.00 price objective on the stock in a report on Monday, March 2nd. Berenberg Bank reissued a “hold” rating and set a $44.00 price objective on shares of CF Industries in a report on Monday, February 3rd. Finally, ValuEngine lowered shares of CF Industries from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Eleven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $48.11.

The company has a market cap of $5.54 billion, a P/E ratio of 12.73, a price-to-earnings-growth ratio of 2.36 and a beta of 1.07. The company has a current ratio of 1.46, a quick ratio of 0.94 and a debt-to-equity ratio of 0.70. The firm’s 50 day moving average price is $34.13 and its 200-day moving average price is $43.41.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, February 12th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.01). CF Industries had a net margin of 10.74% and a return on equity of 8.10%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the business posted $0.21 EPS. The firm’s revenue for the quarter was down 7.3% compared to the same quarter last year. Analysts predict that CF Industries Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.25%. The ex-dividend date was Thursday, February 13th. CF Industries’s payout ratio is 62.18%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Nuveen Asset Management LLC boosted its stake in CF Industries by 23.8% during the 4th quarter. Nuveen Asset Management LLC now owns 4,220,461 shares of the basic materials company’s stock worth $201,484,000 after acquiring an additional 811,890 shares during the last quarter. Geode Capital Management LLC raised its holdings in CF Industries by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 3,975,049 shares of the basic materials company’s stock worth $189,437,000 after buying an additional 136,820 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in CF Industries by 17.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,740,885 shares of the basic materials company’s stock worth $83,110,000 after buying an additional 253,326 shares during the period. Renaissance Technologies LLC raised its holdings in CF Industries by 193.3% during the 4th quarter. Renaissance Technologies LLC now owns 1,720,026 shares of the basic materials company’s stock worth $82,114,000 after buying an additional 1,133,676 shares during the period. Finally, UBS Asset Management Americas Inc. raised its holdings in CF Industries by 2.9% during the 4th quarter. UBS Asset Management Americas Inc. now owns 1,654,316 shares of the basic materials company’s stock worth $78,977,000 after buying an additional 45,924 shares during the period. 92.94% of the stock is currently owned by institutional investors and hedge funds.

About CF Industries (NYSE:CF)

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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