CF Industries Holdings (CF) : North Point Portfolio Managers Corpoh reduced its stake in CF Industries Holdings by 7.84% during the most recent quarter end. The investment management company now holds a total of 185,952 shares of CF Industries Holdings which is valued at $4,725,040 after selling 15,829 shares in CF Industries Holdings , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.CF Industries Holdings makes up approximately 0.90% of North Point Portfolio Managers Corpoh’s portfolio.
Other Hedge Funds, Including , Calamos Advisors boosted its stake in CF in the latest quarter, The investment management firm added 17 additional shares and now holds a total of 45,737 shares of CF Industries Holdings which is valued at $1,162,177. CF Industries Holdings makes up approx 0.01% of Calamos Advisors’s portfolio. Baring Asset Management Ltd sold out all of its stake in CF during the most recent quarter. The investment firm sold 123,738 shares of CF which is valued $3,144,183. Highstreet Asset Management sold out all of its stake in CF during the most recent quarter. The investment firm sold 13,973 shares of CF which is valued $351,840.Creative Planning reduced its stake in CF by selling 843 shares or 40.74% in the most recent quarter. The Hedge Fund company now holds 1,226 shares of CF which is valued at $33,004.Next Financial Group Inc reduced its stake in CF by selling 250 shares or 58.82% in the most recent quarter. The Hedge Fund company now holds 175 shares of CF which is valued at $4,351.
CF Industries Holdings opened for trading at $24.55 and hit $24.75 on the upside on Friday, eventually ending the session at $24.68, with a gain of 0.08% or 0.02 points. The heightened volatility saw the trading volume jump to 43,40,591 shares. Company has a market cap of $5,753 M.
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.
Investors should note that on Jul 22, 2016, CF Industries Holdings announced a cash dividend of $0.3000. The company’s management has announced Aug 11, 2016 as the ex-dividend date and fixed the record date on Aug 15, 2016. The payable date has been fixed on Aug 31, 2016.
Many Wall Street Analysts have commented on CF Industries Holdings. Shares were Reiterated by RBC Capital Mkts on Jul 13, 2016 to “Sector Perform” and Lowered the Price Target to $ 26 from a previous price target of $30 .CF Industries Holdings was Upgraded by Credit Agricole to ” Buy” on Jun 6, 2016. Goldman Resumed CF Industries Holdings on Jun 3, 2016 to “Neutral”, Price Target of the shares are set at $30.
CF Industries Holdings Inc. is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Companys nitrogen fertilizer products include ammonia granular urea and urea ammonium nitrate solution (UAN). The Companys other nitrogen products include ammonium nitrate (AN) diesel exhaust fluid (DEF) urea liquor and aqua ammonia. The Companys 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.