Apollo Management Holdings adds CF Industries Holdings (CF) to its portfolio

CF Industries Holdings (CF) : Apollo Management Holdings added new position in CF Industries Holdings during the most recent quarter end. The investment management firm now holds 35,000 shares of CF Industries Holdings which is valued at $967,750 , the company said in a statement filed on May 12, 2016 with the SEC.CF Industries Holdings makes up approximately 0.03% of Apollo Management Holdings’s portfolio.

Other Hedge Funds, Including , Mitsubishi Ufj Trust Banking Corp boosted its stake in CF in the latest quarter, The investment management firm added 12,075 additional shares and now holds a total of 469,384 shares of CF Industries Holdings which is valued at $13 Million. CF Industries Holdings makes up approx 0.03% of Mitsubishi Ufj Trust Banking Corp’s portfolio.First Trust Advisors Lp boosted its stake in CF in the latest quarter, The investment management firm added 78,419 additional shares and now holds a total of 354,862 shares of CF Industries Holdings which is valued at $9.8 Million. CF Industries Holdings makes up approx 0.03% of First Trust Advisors Lp’s portfolio.Schwab Charles Investment Management Inc boosted its stake in CF in the latest quarter, The investment management firm added 52,630 additional shares and now holds a total of 714,950 shares of CF Industries Holdings which is valued at $22.2 Million. CF Industries Holdings makes up approx 0.03% of Schwab Charles Investment Management Inc’s portfolio.Aperio Group boosted its stake in CF in the latest quarter, The investment management firm added 2,213 additional shares and now holds a total of 64,920 shares of CF Industries Holdings which is valued at $2.1 Million. CF Industries Holdings makes up approx 0.02% of Aperio Group’s portfolio.

CF Industries Holdings closed down -0.15 points or -0.52% at $28.59 with 43,74,979 shares getting traded on Friday. Post opening the session at $28.8, the shares hit an intraday low of $28.32 and an intraday high of $29.04 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, CF Industries Holdings reported $0.76 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Feb 17, 2016. Analyst had a consensus of $0.86. The company had revenue of $1115.80 million for the quarter, compared to analysts expectations of $1091.34 million. The company’s revenue was down -8.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $4.82 EPS.

Many Wall Street Analysts have commented on CF Industries Holdings. Shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Sector Perform” and Lowered the Price Target to $ 33 from a previous price target of $35 .CF Industries Holdings was Downgraded by BofA/Merrill to ” Neutral” on Apr 6, 2016. Shares were Downgraded by Piper Jaffray on Mar 28, 2016 to ” Neutral” and Lowered the Price Target to $ 34 from a previous price target of $40 .

CF Industries Holdings Inc. is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products include ammonia granular urea and urea ammonium nitrate solution (UAN). The Company’s other nitrogen products include ammonium nitrate (AN) diesel exhaust fluid (DEF) urea liquor and aqua ammonia. The Company’s customers include cooperatives independent fertilizer distributors and industrial users. It operates seven nitrogen fertilizer production facilities in North America. The Company owns four production facilities in the Central United States one in Medicine Hat Alberta Canada and one in Courtright Ontario Canada. It also has a 75.3% interest in Terra Nitrogen Company L.P. (TNCLP) and its subsidiary TNLP which owns a nitrogen fertilizer facility in Verdigris Oklahoma.

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