An issue of CF Industries Holdings, Inc. (NYSE:CF) debt fell 1.3% as a percentage of its face value during trading on Tuesday. The debt issue has a 3.45% coupon and is set to mature on June 1, 2023. The debt is now trading at $95.88 and was trading at $96.81 last week. Price moves in a company’s debt in credit markets often predict parallel moves in its share price.

CF has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded CF Industries from a “buy” rating to a “hold” rating in a research report on Friday, January 11th. Stephens raised CF Industries from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, December 19th. ValuEngine raised CF Industries from a “hold” rating to a “buy” rating in a research report on Friday, December 21st. Sanford C. Bernstein downgraded CF Industries from an “outperform” rating to a “market perform” rating and set a $44.40 price objective for the company. in a research report on Monday, January 14th. Finally, Barclays reaffirmed a “neutral” rating on shares of CF Industries in a research report on Friday, February 15th. Seven equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $51.25.

CF stock traded down $0.38 during trading on Tuesday, reaching $42.09. 2,601,655 shares of the stock traded hands, compared to its average volume of 2,841,054. CF Industries Holdings, Inc. has a 52-week low of $35.70 and a 52-week high of $56.51. The company has a current ratio of 1.81, a quick ratio of 1.37 and a debt-to-equity ratio of 0.82. The company has a market cap of $9.60 billion, a PE ratio of 33.94, a price-to-earnings-growth ratio of 3.30 and a beta of 0.72.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, February 13th. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.30). CF Industries had a net margin of 6.55% and a return on equity of 4.66%. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the firm posted ($0.02) EPS. CF Industries’s revenue was up 3.0% on a year-over-year basis. Equities analysts forecast that CF Industries Holdings, Inc. will post 2.17 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, February 28th. Shareholders of record on Friday, February 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend was Thursday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 96.77%.

Hedge funds have recently bought and sold shares of the business. MUFG Securities EMEA plc lifted its stake in shares of CF Industries by 1,006.0% during the fourth quarter. MUFG Securities EMEA plc now owns 70,000 shares of the basic materials company’s stock worth $3,046,000 after purchasing an additional 63,671 shares in the last quarter. American Century Companies Inc. acquired a new position in shares of CF Industries during the fourth quarter worth about $36,451,000. Norges Bank acquired a new position in shares of CF Industries during the fourth quarter worth about $76,365,000. Teacher Retirement System of Texas lifted its stake in shares of CF Industries by 47.1% during the fourth quarter. Teacher Retirement System of Texas now owns 217,619 shares of the basic materials company’s stock worth $9,469,000 after purchasing an additional 69,639 shares in the last quarter. Finally, Kentucky Retirement Systems lifted its stake in shares of CF Industries by 112.2% during the fourth quarter. Kentucky Retirement Systems now owns 10,039 shares of the basic materials company’s stock worth $437,000 after purchasing an additional 5,307 shares in the last quarter. 94.82% of the stock is owned by hedge funds and other institutional investors.

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About CF Industries (NYSE:CF)

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.

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