CF Industries Holdings (CF) : Paragon Associates Paragon Associates Ii Joint Venture added new position in CF Industries Holdings during the most recent quarter end. The investment management firm now holds 200,000 shares of CF Industries Holdings which is valued at $5.5 Million , the company said in a statement filed on May 13, 2016 with the SEC.CF Industries Holdings makes up approximately 4.91% of Paragon Associates Paragon Associates Ii Joint Venture’s portfolio.
Other Hedge Funds, Including , Pacer Advisors boosted its stake in CF in the latest quarter, The investment management firm added 446 additional shares and now holds a total of 3,903 shares of CF Industries Holdings which is valued at $107,918. CF Industries Holdings makes up approx 0.02% of Pacer Advisors’s portfolio. Old Mutual Global Investors (uk) Ltd. sold out all of its stake in CF during the most recent quarter. The investment firm sold 164,464 shares of CF which is valued $5.1 Million.Great West Life Assurance Co Can reduced its stake in CF by selling 263,480 shares or 56.13% in the most recent quarter. The Hedge Fund company now holds 205,899 shares of CF which is valued at $6.8 Million. CF Industries Holdings makes up approx 0.02% of Great West Life Assurance Co Can’s portfolio.
CF Industries Holdings opened for trading at $28 and hit $29.7 on the upside on Wednesday, eventually ending the session at $29.52, with a gain of 6.92% or 1.91 points. The heightened volatility saw the trading volume jump to 78,85,337 shares. Company has a market cap of $6,881 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.
Many Wall Street Analysts have commented on CF Industries Holdings. Morgan Stanley Resumed CF Industries Holdings on May 25, 2016 to “Equal-Weight”, Price Target of the shares are set at $30.CF Industries Holdings was Downgraded by BofA/Merrill to ” Underperform” on May 24, 2016. 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 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.