Is Buying Stock Like CF Industries Holdings, Inc. Good Idea After Today’s Bearish Options Activity?

 Is Buying Stock Like CF Industries Holdings, Inc. Good Idea After Today's Bearish Options Activity?

In today’s session CF Industries Holdings, Inc. (CF) recorded an unusually high (6,041) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious CF decrease. With 6,041 contracts traded and 3024 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: CF161021P00023000 closed last at: $0.98 or 92.2% up. About 1.20M shares traded hands. CF Industries Holdings, Inc. (NYSE:CF) has declined 32.80% since March 15, 2016 and is downtrending. It has underperformed by 38.28% the S&P500.

Analysts await CF Industries Holdings, Inc. (NYSE:CF) to report earnings on November, 2. They expect $0.13 EPS, down 73.47% or $0.36 from last year’s $0.49 per share. CF’s profit will be $30.75 million for 44.23 P/E if the $0.13 EPS becomes a reality. After $0.33 actual EPS 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. $76 is the highest target while $24 is the lowest. The $41.54 average target is 80.61% above today’s ($23) stock price. CF Industries Holdings has been the topic of 47 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Friday, June 3 by Goldman Sachs. The stock of CF Industries Holdings, Inc. (NYSE:CF) earned “Market Perform” rating by Cowen & Co on Tuesday, January 5. The firm has “Neutral” rating by JP Morgan given on Thursday, June 2. Credit Suisse maintained CF Industries Holdings, Inc. (NYSE:CF) rating on Friday, August 7. Credit Suisse has “Outperform” rating and $70 price target. The firm has “Hold” rating by Vetr given on Thursday, August 13. Susquehanna maintained the shares of CF in a report on Tuesday, January 26 with “” rating. Piper Jaffray downgraded CF Industries Holdings, Inc. (NYSE:CF) on Monday, March 28 to “Neutral” rating. BMO Capital Markets maintained CF Industries Holdings, Inc. (NYSE:CF) on Friday, August 21 with “Market Perform” rating. RBC Capital Markets maintained CF Industries Holdings, Inc. (NYSE:CF) rating on Friday, February 5. RBC Capital Markets has “Sector Perform” rating and $35 price target. The firm has “Outperform” rating given on Friday, February 19 by Credit Suisse.

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 increased, 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.
Caisse De Depot Et Placement Du Quebec accumulated 143,772 shares or 0.01% of the stock. Moreover, Tokio Marine Asset Management Com has 0.07% invested in CF Industries Holdings, Inc. (NYSE:CF) for 26,348 shares. Winslow Evans And Crocker Inc reported 3,006 shares or 0% of all its holdings. Moreover, Fmr Llc has 0.08% invested in CF Industries Holdings, Inc. (NYSE:CF) for 24.45 million shares. State Treasurer State Of Michigan last reported 0.02% of its portfolio in the stock. Rhumbline Advisers last reported 0.02% of its portfolio in the stock. Stevens Mgmt Lp holds 0.04% or 36,664 shares in its portfolio. Hikari Pwr Ltd has 0.02% invested in the company for 7,900 shares. Tradewinds Ltd Liability Co last reported 2,900 shares in the company. Hsbc Hldgs Public Ltd Co accumulated 0.02% or 319,103 shares. Nomura Hldgs Inc has invested 0.01% of its portfolio in CF Industries Holdings, Inc. (NYSE:CF). Citigroup holds 1.04M shares or 0.03% of its portfolio. Arete Wealth Limited Liability Company has invested 2.65% of its portfolio in CF Industries Holdings, Inc. (NYSE:CF). Manchester Capital Management Ltd accumulated 650 shares or 0% of the stock. Moreover, Pictet North America Sa has 1.49% invested in CF Industries Holdings, Inc. (NYSE:CF) for 264,869 shares.

CF Industries Holdings, Inc. is the maker and distributor of nitrogen fertilizer and other nitrogen products. The company has a market cap of $5.44 billion. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution and ammonium nitrate (AN). It has a 28.24 P/E ratio. 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).

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.

More recent CF Industries Holdings, Inc. (NYSE:CF) news were published by: Businesswire.com which released: “CF Industries Holdings, Inc. Announces Dates for Third Quarter 2016 Results …” on October 14, 2016. Also Businesswire.com published the news titled: “CF Industries Holdings, Inc. Declares Quarterly Dividend” on October 11, 2016. Forbes.com‘s news article titled: “CF Industries Holdings (CF) Shares Cross 5% Yield Mark” with publication date: September 30, 2016 was also an interesting one.

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