Shares of CF Industries Holdings Inc. (NYSE:CF) shot up 5% during trading on Thursday . The company traded as high as $28.32 and last traded at $28.26, with a volume of 4,576,689 shares. The stock had previously closed at $26.92.

A number of brokerages have recently commented on CF. Royal Bank Of Canada lowered their target price on CF Industries Holdings from $30.00 to $26.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Vetr downgraded CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $29.00 target price on the stock. in a research note on Tuesday. BMO Capital Markets upgraded CF Industries Holdings from a “market perform” rating to an “outperform” rating and set a $28.00 target price on the stock in a research note on Friday, July 8th. Citigroup Inc. lowered their target price on CF Industries Holdings from $34.00 to $25.00 and set a “neutral” rating on the stock in a research note on Thursday, July 7th. Finally, Barclays PLC lowered their target price on CF Industries Holdings from $36.00 to $31.00 and set an “overweight” rating on the stock in a research note on Thursday, June 23rd. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $35.06.

The company’s 50 day moving average is $26.97 and its 200-day moving average is $30.93. The company has a market capitalization of $6.40 billion and a PE ratio of 13.03.

CF Industries Holdings (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 4th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by $0.05. The company earned $1,000 million during the quarter, compared to analysts’ expectations of $862.38 million. During the same quarter in the previous year, the business earned $4.79 EPS. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. Equities analysts forecast that CF Industries Holdings Inc. will post $1.83 EPS for the current year.

In other CF Industries Holdings news, Director Robert C. Arzbaecher acquired 17,275 shares of the stock in a transaction on Tuesday, May 24th. The shares were bought at an average price of $28.10 per share, with a total value of $485,427.50. Following the acquisition, the director now owns 66,843 shares of the company’s stock, valued at $1,878,288.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Christopher D. Bohn acquired 12,500 shares of the stock in a transaction on Tuesday, May 24th. The stock was acquired at an average cost of $27.92 per share, for a total transaction of $349,000.00. Following the acquisition, the vice president now directly owns 31,718 shares in the company, valued at approximately $885,566.56. The disclosure for this purchase can be found here.

Other large investors have recently made changes to their positions in the company. Employees Retirement System of Texas raised its stake in shares of CF Industries Holdings by 9.4% in the fourth quarter. Employees Retirement System of Texas now owns 122,000 shares of the company’s stock valued at $4,979,000 after buying an additional 10,500 shares during the period. Affinity Investment Advisors LLC increased its stake in CF Industries Holdings by 2.3% in the fourth quarter. Affinity Investment Advisors LLC now owns 270,867 shares of the company’s stock worth $11,054,000 after buying an additional 6,005 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in CF Industries Holdings by 8.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,997,462 shares of the company’s stock worth $81,522,000 after buying an additional 158,522 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in CF Industries Holdings by 5.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 412,832 shares of the company’s stock worth $16,848,000 after buying an additional 19,474 shares during the last quarter. Finally, I.G. Investment Management LTD. increased its stake in CF Industries Holdings by 5.5% in the fourth quarter. I.G. Investment Management LTD. now owns 36,300 shares of the company’s stock worth $1,481,000 after buying an additional 1,878 shares during the last quarter.

CF Industries Holdings, Inc is the manufacturer 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). Its 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).

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