An issue of CF Industries Holdings, Inc. (NYSE:CF) debt fell 1.2% against its face value during trading on Wednesday. The high-yield issue of debt has a 5.375% coupon and is set to mature on March 15, 2044. The debt is now trading at $93.60 and was trading at $96.88 one week ago. Price moves in a company’s debt in credit markets often predict parallel moves in its share price.

A number of research firms have commented on CF. BMO Capital Markets upped their price target on CF Industries from $38.00 to $43.00 and gave the company a “market perform” rating in a research report on Friday, November 3rd. Cowen upped their price target on CF Industries from $27.00 to $33.00 and gave the company a “market perform” rating in a research report on Wednesday, November 8th. Zacks Investment Research lowered CF Industries from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Atlantic Securities lowered CF Industries from a “neutral” rating to an “underweight” rating in a research report on Tuesday, November 14th. They noted that the move was a valuation call. Finally, Royal Bank of Canada upped their price target on CF Industries from $23.00 to $27.00 and gave the company an “underperform” rating in a research report on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. CF Industries has a consensus rating of “Hold” and a consensus price target of $35.74.

Shares of CF Industries Holdings, Inc. (NYSE:CF) traded up $0.66 during trading on Wednesday, hitting $39.66. The company had a trading volume of 2,757,409 shares, compared to its average volume of 3,040,000. CF Industries Holdings, Inc. has a 52 week low of $25.04 and a 52 week high of $43.98. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.80. The company has a market cap of $9,250.00, a price-to-earnings ratio of -21.67, a price-to-earnings-growth ratio of 18.69 and a beta of 1.09.

CF Industries (NYSE:CF) last announced its earnings results on Tuesday, February 13th. The basic materials company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.12. CF Industries had a negative return on equity of 2.29% and a negative net margin of 10.95%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $988.91 million. During the same quarter in the prior year, the company earned ($0.39) EPS. The firm’s revenue for the quarter was up 26.8% compared to the same quarter last year. analysts predict that CF Industries Holdings, Inc. will post -0.34 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Friday, February 16th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.03%. CF Industries’s payout ratio is -65.57%.

In related news, Director Stephen A. Furbacher sold 3,500 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $36.00, for a total transaction of $126,000.00. Following the sale, the director now owns 50,854 shares in the company, valued at approximately $1,830,744. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Bert A. Frost sold 7,500 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $36.50, for a total value of $273,750.00. Following the sale, the vice president now owns 67,232 shares in the company, valued at approximately $2,453,968. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

Institutional investors have recently made changes to their positions in the stock. Manning & Napier Advisors LLC raised its stake in CF Industries by 190.0% during the 3rd quarter. Manning & Napier Advisors LLC now owns 1,116,525 shares of the basic materials company’s stock worth $39,256,000 after buying an additional 731,525 shares during the period. Anchor Bolt Capital LP raised its stake in CF Industries by 679.0% during the 3rd quarter. Anchor Bolt Capital LP now owns 711,223 shares of the basic materials company’s stock worth $25,007,000 after buying an additional 619,928 shares during the period. W. E. Donoghue & Co. LLC acquired a new position in CF Industries during the 2nd quarter worth approximately $16,857,000. Bank of New York Mellon Corp raised its stake in CF Industries by 8.7% during the 4th quarter. Bank of New York Mellon Corp now owns 6,079,530 shares of the basic materials company’s stock worth $258,623,000 after buying an additional 487,200 shares during the period. Finally, Point72 Asset Management L.P. acquired a new position in CF Industries during the 3rd quarter worth approximately $14,767,000.

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CF Industries 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).

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