CF Industries (NYSE:CF) Earns “Sell” Rating from Rothschild & Co Redburn

CF Industries (NYSE:CF)‘s stock had its “sell” rating restated by Rothschild & Co Redburn in a research note issued to investors on Wednesday, Marketbeat reports. They presently have a $72.00 price target on the basic materials company’s stock. Rothschild & Co Redburn’s price objective would indicate a potential downside of 21.10% from the stock’s previous close.

CF has been the topic of several other reports. JPMorgan Chase & Co. reduced their price objective on CF Industries from $87.00 to $80.00 and set a “neutral” rating on the stock in a report on Thursday, January 15th. CIBC started coverage on CF Industries in a research note on Tuesday, December 2nd. They set a “neutral” rating and a $87.00 price target on the stock. Zacks Research upgraded CF Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Scotiabank dropped their target price on shares of CF Industries from $90.00 to $82.00 and set a “sector perform” rating on the stock in a report on Monday. Finally, Redburn Partners set a $72.00 price target on shares of CF Industries in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $87.07.

CF Industries Trading Down 3.6%

NYSE CF opened at $91.25 on Wednesday. The stock has a market cap of $14.23 billion, a PE ratio of 10.99 and a beta of 0.70. CF Industries has a 12 month low of $67.34 and a 12 month high of $104.45. The company’s 50-day moving average price is $82.75 and its 200-day moving average price is $84.96. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The firm’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter last year, the business posted $1.55 EPS. Equities research analysts forecast that CF Industries will post 5.83 earnings per share for the current year.

Hedge Funds Weigh In On CF Industries

Several institutional investors and hedge funds have recently bought and sold shares of the company. North Dakota State Investment Board acquired a new position in shares of CF Industries during the fourth quarter worth $429,000. iA Global Asset Management Inc. increased its position in CF Industries by 17.0% during the 4th quarter. iA Global Asset Management Inc. now owns 31,968 shares of the basic materials company’s stock valued at $2,472,000 after buying an additional 4,645 shares in the last quarter. Canada Post Corp Registered Pension Plan raised its stake in CF Industries by 27.0% in the fourth quarter. Canada Post Corp Registered Pension Plan now owns 4,045 shares of the basic materials company’s stock valued at $313,000 after buying an additional 860 shares during the last quarter. Burford Brothers Inc. acquired a new stake in CF Industries in the fourth quarter worth about $960,000. Finally, Qsemble Capital Management LP grew its stake in shares of CF Industries by 54.1% during the fourth quarter. Qsemble Capital Management LP now owns 120,938 shares of the basic materials company’s stock worth $9,353,000 after acquiring an additional 42,467 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.