The stock of CF Industries Holdings, Inc. (NYSE:CF) is a huge mover today! About 2.34 million shares traded hands. CF Industries Holdings, Inc. (NYSE:CF) has declined 33.77% since March 9, 2016 and is downtrending. It has underperformed by 41.18% the S&P500.
The move comes after 8 months negative chart setup for the $5.20 billion company. It was reported on Oct, 12 by Barchart.com. We have $20.87 PT which if reached, will make NYSE:CF worth $416.00 million less.
Analysts await CF Industries Holdings, Inc. (NYSE:CF) to report earnings on November, 2. They expect $0.13 earnings per share, down 73.47% or $0.36 from last year’s $0.49 per share. CF’s profit will be $29.79M for 43.63 P/E if the $0.13 EPS becomes a reality. After $0.33 actual earnings per share reported by CF Industries Holdings, Inc. for the previous quarter, Wall Street now forecasts -60.61% negative EPS growth.
CF Industries Holdings, Inc. (NYSE:CF) Ratings Coverage
Out of 14 analysts covering CF Industries Holdings (NYSE:CF), 5 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 36% are positive. CF Industries Holdings has been the topic of 47 analyst reports since July 22, 2015 according to StockzIntelligence Inc. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, August 27 report. On Friday, August 5 the stock rating was downgraded by Atlantic Securities to “Neutral”. The stock has “Overweight” rating given by Barclays Capital on Tuesday, January 12. The stock of CF Industries Holdings, Inc. (NYSE:CF) has “Sector Perform” rating given on Wednesday, October 21 by RBC Capital Markets. The rating was upgraded by Susquehanna on Tuesday, November 17 to “Buy”. The firm earned “Outperform” rating on Friday, February 19 by Credit Suisse. The company was downgraded on Wednesday, April 6 by Bank of America. The firm earned “Outperform” rating on Wednesday, January 27 by Credit Agricole. On Monday, October 5 the stock rating was maintained by Barclays Capital with “Overweight”. On Wednesday, December 16 the stock rating was upgraded by Credit Agricole to “Underperform”.
According to Zacks Investment Research, “CF Industries Holdings, Inc. is the holding company for the operations of CF Industries, Inc. CF Industries, Inc. is a major producer and distributor of nitrogen and phosphate fertilizer products. CF Industries operates world-scale nitrogen fertilizer plants in Louisiana and Alberta, Canada; conducts phosphate mining and manufacturing operations in Central Florida; and distributes fertilizer products through a system of terminals, warehouses, and associated transportation equipment located primarily in the midwestern United States.”
Insitutional Activity: The institutional sentiment increased to 0.89 in 2016 Q2. Its up 0.01, from 0.88 in 2016Q1. The ratio is positive, as 79 funds sold all CF Industries Holdings, Inc. shares owned while 125 reduced positions. 38 funds bought stakes while 144 increased positions. They now own 233.51 million shares or 3.14% more from 226.41 million shares in 2016Q1.
Calamos Advsrs Ltd Limited Liability Company last reported 45,737 shares in the company. The California-based Tcw Grp Incorporated Incorporated has invested 0% in CF Industries Holdings, Inc. (NYSE:CF). Norinchukin National Bank & Trust The last reported 0.01% of its portfolio in the stock. Proshare Lc, a Maryland-based fund reported 39,923 shares. Next Finance Group Inc Inc has 175 shares for 0% of their US portfolio. Verition Fund Limited Liability Corporation, a Connecticut-based fund reported 40,645 shares. Westpac Bk holds 0% or 12,581 shares in its portfolio. Eminence Capital Lp accumulated 0.22% or 444,682 shares. Engineers Gate Manager L P holds 95,400 shares or 0.16% of its portfolio. Canada Pension Plan Investment Board accumulated 743,065 shares or 0.07% of the stock. Natixis, a France-based fund reported 188,587 shares. Moreover, Parkside Comml Bank And Tru has 0% invested in CF Industries Holdings, Inc. (NYSE:CF) for 23 shares. Integral Derivatives Ltd Liability reported 32,265 shares or 0.02% of all its holdings. Glob X Mgmt Ltd, a New York-based fund reported 18,463 shares. B & T Capital Dba Alpha Capital accumulated 95,635 shares or 1.66% of the stock.
More news for CF Industries Holdings, Inc. (NYSE:CF) were recently published by: Businesswire.com, which released: “CF Industries Holdings, Inc. Declares Quarterly Dividend” on October 11, 2016. Forbes.com‘s article titled: “CF Industries Holdings (CF) Shares Cross 5% Yield Mark” and published on September 30, 2016 is yet another important article.
CF Company Profile
CF Industries Holdings, Inc., incorporated on April 15, 2005, is the maker 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). The Company’s 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), which are solid granular fertilizer products, for which the nutrient content is a combination of nitrogen, phosphorus, and potassium. The Company’s divisions include ammonia, granular urea, UAN, AN and Other.
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