Research analysts at HSBC Holdings plc assumed coverage on shares of CF Industries Holdings, Inc. (NYSE:CF) in a research note issued on Wednesday, The Fly reports. The firm set a “hold” rating on the basic materials company’s stock.

Other research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Piper Jaffray Companies reaffirmed a “hold” rating on shares of CF Industries Holdings in a research report on Friday, August 4th. Barclays PLC cut their price objective on shares of CF Industries Holdings from $31.00 to $29.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 13th. ValuEngine raised shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and issued a $23.00 price objective (down previously from $25.00) on shares of CF Industries Holdings in a research report on Wednesday, July 12th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $32.58.

CF Industries Holdings (NYSE CF) opened at 34.48 on Wednesday. The company’s market cap is $8.04 billion. The stock has a 50 day moving average of $32.71 and a 200 day moving average of $29.52. CF Industries Holdings has a 52 week low of $22.00 and a 52 week high of $37.17.

CF Industries Holdings (NYSE:CF) last issued its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.18. CF Industries Holdings had a negative net margin of 9.98% and a negative return on equity of 0.40%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the firm earned $0.33 EPS. The company’s quarterly revenue was down .9% compared to the same quarter last year. On average, analysts expect that CF Industries Holdings will post ($0.67) earnings per share for the current year.

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In other news, VP Bert A. Frost sold 6,400 shares of CF Industries Holdings stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $31.53, for a total transaction of $201,792.00. Following the completion of the transaction, the vice president now directly owns 59,732 shares of the company’s stock, valued at approximately $1,883,349.96. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.00% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the company. Natixis Asset Management increased its holdings in shares of CF Industries Holdings by 4.8% during the 3rd quarter. Natixis Asset Management now owns 63,246 shares of the basic materials company’s stock valued at $2,840,000 after purchasing an additional 2,886 shares in the last quarter. Icon Advisers Inc. Co. purchased a new position in shares of CF Industries Holdings during the 3rd quarter valued at approximately $2,191,000. Wellington Management Group LLP increased its holdings in shares of CF Industries Holdings by 92.4% during the 1st quarter. Wellington Management Group LLP now owns 1,501,426 shares of the basic materials company’s stock valued at $47,054,000 after purchasing an additional 721,177 shares in the last quarter. Tredje AP fonden increased its holdings in shares of CF Industries Holdings by 9.1% during the 4th quarter. Tredje AP fonden now owns 41,389 shares of the basic materials company’s stock valued at $1,303,000 after purchasing an additional 3,439 shares in the last quarter. Finally, Narwhal Capital Management purchased a new position in shares of CF Industries Holdings during the 4th quarter valued at approximately $890,000.

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).

The Fly

Analyst Recommendations for CF Industries Holdings (NYSE:CF)

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