CF Industries Holdings, Inc. (CF) Short Interest Update

CF Industries Holdings, Inc. (NYSE:CF) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 23,480,702 shares, a decrease of 14.3% from the October 13th total of 27,385,128 shares. Currently, 10.1% of the company’s stock are sold short. Based on an average trading volume of 3,445,442 shares, the short-interest ratio is currently 6.8 days.

A number of hedge funds have recently added to or reduced their stakes in CF. Thrivent Financial For Lutherans lifted its position in CF Industries Holdings by 4.4% in the 1st quarter. Thrivent Financial For Lutherans now owns 8,570 shares of the basic materials company’s stock valued at $252,000 after acquiring an additional 360 shares in the last quarter. Bank of Montreal Can lifted its position in CF Industries Holdings by 31.9% in the 2nd quarter. Bank of Montreal Can now owns 542,655 shares of the basic materials company’s stock valued at $15,173,000 after acquiring an additional 131,324 shares in the last quarter. Mn Services Vermogensbeheer B.V. lifted its position in CF Industries Holdings by 522.8% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 37,679 shares of the basic materials company’s stock valued at $1,054,000 after acquiring an additional 31,629 shares in the last quarter. LS Investment Advisors LLC lifted its position in CF Industries Holdings by 8.2% in the 2nd quarter. LS Investment Advisors LLC now owns 11,938 shares of the basic materials company’s stock valued at $334,000 after acquiring an additional 901 shares in the last quarter. Finally, Louisiana State Employees Retirement System lifted its position in CF Industries Holdings by 1.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 14,500 shares of the basic materials company’s stock valued at $405,000 after acquiring an additional 200 shares in the last quarter.

CF has been the topic of a number of research analyst reports. UBS AG reiterated a “buy” rating and set a $40.00 target price (up previously from $33.00) on shares of CF Industries Holdings in a report on Wednesday, October 4th. Zacks Investment Research upgraded CF Industries Holdings from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Wednesday, October 25th. initiated coverage on CF Industries Holdings in a report on Wednesday, October 11th. They set a “hold” rating and a $36.30 target price on the stock. Piper Jaffray Companies set a $28.00 target price on CF Industries Holdings and gave the stock a “hold” rating in a report on Friday, October 6th. Finally, Credit Suisse Group set a $30.00 target price on CF Industries Holdings and gave the stock a “hold” rating in a report on Friday, August 4th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $34.74.

CF Industries Holdings (NYSE:CF) opened at $35.32 on Thursday. CF Industries Holdings has a 12-month low of $25.04 and a 12-month high of $39.32. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.71 and a quick ratio of 1.51.

CF Industries Holdings (NYSE:CF) last released its quarterly earnings data on Wednesday, November 1st. The basic materials company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($0.04). The business had revenue of $870.00 million during the quarter, compared to the consensus estimate of $733.63 million. CF Industries Holdings had a negative net margin of 10.95% and a negative return on equity of 2.29%. The business’s revenue was up 27.9% compared to the same quarter last year. During the same period last year, the company posted $0.13 earnings per share. equities analysts predict that CF Industries Holdings will post -0.35 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be given a $0.30 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.20 annualized dividend and a yield of 3.40%. CF Industries Holdings’s dividend payout ratio (DPR) is presently -65.57%.

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About CF Industries Holdings

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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