Investors Sell Shares of CF Industries Holdings Inc. (CF) on Strength (CF)
Traders sold shares of CF Industries Holdings Inc. (NYSE:CF) on strength during trading on Monday. $12.77 million flowed into the stock on the tick-up and $37.63 million flowed out of the stock on the tick-down, for a money net flow of $24.86 million out of the stock. Of all stocks tracked, CF Industries Holdings had the 0th highest net out-flow for the day. CF Industries Holdings traded up $0.25 for the day and closed at $27.69
A number of brokerages recently commented on CF. Barclays PLC reiterated an “overweight” rating and set a $40.00 price target (down from $43.00) on shares of CF Industries Holdings in a report on Friday, April 22nd. Vetr lowered CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $35.15 price target on the stock. in a report on Tuesday, April 19th. Zacks Investment Research upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th. Royal Bank Of Canada dropped their price target on CF Industries Holdings from $35.00 to $33.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 26th. Finally, Piper Jaffray Cos. lowered CF Industries Holdings from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $40.00 to $34.00 in a report on Monday, March 28th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $35.06.
The stock has a market capitalization of $6.45 billion and a PE ratio of 13.15. The stock has a 50 day moving average of $26.97 and a 200 day moving average of $30.67.
CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, May 4th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.05. During the same quarter last year, the firm earned $4.79 earnings per share. The firm earned $1,000 million during the quarter, compared to analysts’ expectations of $862.38 million. CF Industries Holdings’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, equities research analysts forecast that CF Industries Holdings Inc. will post $1.83 EPS for the current year.
In related news, Director Robert C. Arzbaecher bought 17,275 shares of the firm’s stock in a transaction that occurred on Tuesday, May 24th. The shares were bought at an average cost of $28.10 per share, with a total value of $485,427.50. Following the acquisition, the director now owns 66,843 shares in the company, valued at $1,878,288.30. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Christopher D. Bohn bought 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 24th. The stock was bought at an average cost of $27.92 per share, for a total transaction of $349,000.00. Following the completion of the acquisition, the vice president now owns 31,718 shares in the company, valued at approximately $885,566.56. The disclosure for this purchase can be found here.
A number of institutional investors recently made changes to their positions in the company. First Trust Advisors LP boosted its position in shares of CF Industries Holdings by 100.1% in the fourth quarter. First Trust Advisors LP now owns 276,443 shares of the company’s stock worth $11,282,000 after buying an additional 138,319 shares in the last quarter. TD Asset Management Inc. raised its stake in shares of CF Industries Holdings by 1.6% in the fourth quarter. TD Asset Management Inc. now owns 108,775 shares of the company’s stock worth $4,439,000 after buying an additional 1,700 shares during the last quarter. ProShare Advisors LLC raised its stake in shares of CF Industries Holdings by 13.9% in the fourth quarter. ProShare Advisors LLC now owns 51,693 shares of the company’s stock worth $2,110,000 after buying an additional 6,324 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of CF Industries Holdings by 2.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 103,166 shares of the company’s stock worth $4,210,000 after buying an additional 2,786 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of CF Industries Holdings by 3.2% in the fourth quarter. Vanguard Group Inc. now owns 19,917,109 shares of the company’s stock worth $812,817,000 after buying an additional 623,531 shares during the last quarter.
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).
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