CF Industries Holdings (CF) : Southport Management L.l.c. scooped up 7,500 additional shares in CF Industries Holdings during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 57,500 shares of CF Industries Holdings which is valued at $1.6 Million.CF Industries Holdings makes up approximately 2.63% of Southport Management L.l.c.’s portfolio.
Other Hedge Funds, Including , Mackenzie Financial Corp reduced its stake in CF by selling 17,088 shares or 53.52% in the most recent quarter. The Hedge Fund company now holds 14,840 shares of CF which is valued at $410,326.Capital Innovations boosted its stake in CF in the latest quarter, The investment management firm added 2,938 additional shares and now holds a total of 17,938 shares of CF Industries Holdings which is valued at $495,986. CF Industries Holdings makes up approx 0.86% of Capital Innovations’s portfolio. Financial Architects Inc added CF to its portfolio by purchasing 1,218 company shares during the most recent quarter which is valued at $33,678. CF Industries Holdings makes up approx 0.01% of Financial Architects Inc’s portfolio.State Of Wisconsin Investment Board reduced its stake in CF by selling 65,080 shares or 13.57% in the most recent quarter. The Hedge Fund company now holds 414,560 shares of CF which is valued at $12.9 Million. CF Industries Holdings makes up approx 0.05% of State Of Wisconsin Investment Board’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.