CF Industries Holdings, Inc. (NYSE:CF) had its price target reduced by Royal Bank Of Canada from $25.00 to $23.00 in a report published on Friday, MarketBeat reports. They currently have an underperform rating on the basic materials company’s stock.

Other research analysts also recently issued reports about the company. BMO Capital Markets restated a buy rating and set a $38.00 price objective on shares of CF Industries Holdings in a report on Wednesday, April 5th. Goldman Sachs Group, Inc. (The) upgraded CF Industries Holdings from a neutral rating to a buy rating and set a $36.00 price objective on the stock in a report on Monday, March 20th. Credit Suisse Group restated a buy rating and set a $31.00 price objective on shares of CF Industries Holdings in a report on Friday, April 21st. UBS AG upgraded CF Industries Holdings from a neutral rating to a buy rating and set a $33.00 price objective on the stock in a report on Friday, May 5th. Finally, Citigroup Inc. upgraded CF Industries Holdings from a neutral rating to a buy rating in a report on Monday, May 15th. Four research analysts have rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $31.43.

CF Industries Holdings (NYSE CF) traded down 0.75% during midday trading on Friday, hitting $29.27. The company had a trading volume of 3,076,251 shares. The stock has a 50 day moving average price of $27.41 and a 200 day moving average price of $30.05. CF Industries Holdings has a 52 week low of $20.77 and a 52 week high of $37.17. The company’s market capitalization is $6.83 billion. CF Industries Holdings also saw unusually large options trading on Friday. Stock traders bought 843 call options on the stock. This represents an increase of 278% compared to the average volume of 223 call options.

CF Industries Holdings (NYSE:CF) last released its quarterly earnings data on Wednesday, May 3rd. The basic materials company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.09 by $0.04. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $988.56 million. CF Industries Holdings had a positive return on equity of 0.41% and a negative net margin of 8.77%. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.40 earnings per share. Equities analysts forecast that CF Industries Holdings will post ($0.33) earnings per share for the current fiscal year.

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Hedge funds have recently bought and sold shares of the company. CENTRAL TRUST Co raised its position in shares of CF Industries Holdings by 0.7% in the first quarter. CENTRAL TRUST Co now owns 3,667 shares of the basic materials company’s stock worth $107,000 after buying an additional 24 shares during the period. First Mercantile Trust Co. raised its position in shares of CF Industries Holdings by 22.4% in the first quarter. First Mercantile Trust Co. now owns 3,691 shares of the basic materials company’s stock worth $108,000 after buying an additional 676 shares during the period. Pacer Advisors Inc. raised its position in shares of CF Industries Holdings by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock worth $126,000 after buying an additional 137 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of CF Industries Holdings by 34.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,512 shares of the basic materials company’s stock worth $162,000 after buying an additional 1,415 shares during the period. Finally, Ameritas Investment Partners Inc. purchased a new position in shares of CF Industries Holdings during the first quarter worth about $164,000.

CF Industries Holdings Company Profile

CF Industries Holdings, Inc manufactures and distributes 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 the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

Analyst Recommendations for CF Industries Holdings (NYSE:CF)

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