Northern Capital Management LLC lowered its stake in CF Industries Holdings Inc. (NYSE:CF) by 1.3% during the second quarter, Holdings Channel reports. The fund owned 59,110 shares of the company’s stock after selling 755 shares during the period. Northern Capital Management LLC’s holdings in CF Industries Holdings were worth $1,425,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Candriam Luxembourg S.C.A. raised its stake in shares of CF Industries Holdings by 28.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 9,175 shares of the company’s stock valued at $221,000 after buying an additional 2,030 shares in the last quarter. Round Table Services LLC purchased a new stake in shares of CF Industries Holdings during the second quarter valued at about $241,000. Financial Architects Inc raised its stake in shares of CF Industries Holdings by 738.9% in the second quarter. Financial Architects Inc now owns 10,218 shares of the company’s stock valued at $246,000 after buying an additional 9,000 shares in the last quarter. Denali Advisors LLC purchased a new stake in shares of CF Industries Holdings during the second quarter valued at about $255,000. Finally, Eqis Capital Management Inc. raised its stake in shares of CF Industries Holdings by 23.9% in the second quarter. Eqis Capital Management Inc. now owns 10,729 shares of the company’s stock valued at $259,000 after buying an additional 2,071 shares in the last quarter. 99.09% of the stock is owned by institutional investors.
CF Industries Holdings Inc. (NYSE:CF) traded down 0.57% during midday trading on Monday, hitting $24.21. The stock had a trading volume of 4,257,666 shares. CF Industries Holdings Inc. has a 52-week low of $20.77 and a 52-week high of $54.27. The stock has a market cap of $5.64 billion, a PE ratio of 29.82 and a beta of 1.62. The company’s 50 day moving average price is $24.20 and its 200-day moving average price is $27.46.
CF Industries Holdings (NYSE:CF) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.68 by $0.35. CF Industries Holdings had a net margin of 4.55% and a return on equity of 8.04%. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the firm earned $1.49 EPS. CF Industries Holdings’s revenue was down 13.5% compared to the same quarter last year. Analysts forecast that CF Industries Holdings Inc. will post $1.06 EPS for the current fiscal year.
CF has been the subject of several recent research reports. Vetr upgraded CF Industries Holdings from a “buy” rating to a “strong-buy” rating and set a $29.50 price objective for the company in a research report on Monday, June 27th. Citigroup Inc. lowered their price objective on CF Industries Holdings from $25.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, August 10th. Barclays PLC lowered their price objective on CF Industries Holdings from $31.00 to $25.00 and set an “overweight” rating for the company in a research report on Thursday, August 18th. Finally, BMO Capital Markets upgraded CF Industries Holdings from a “market perform” rating to an “outperform” rating and set a $28.00 price objective for the company in a research report on Friday, July 8th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $32.66.
In other CF Industries Holdings news, Director Robert C. Arzbaecher acquired 21,600 shares of the company’s stock in a transaction that occurred on Tuesday, August 16th. The stock was bought at an average price of $23.25 per share, for a total transaction of $502,200.00. Following the acquisition, the director now directly owns 88,443 shares in the company, valued at $2,056,299.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.84% of the company’s stock.
CF Industries Holdings Company Profile
CF Industries Holdings, Inc is the manufacturer and distributor of 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 its industrial customers, and compound fertilizer products (NPKs).
Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings Inc. (NYSE:CF).
Receive News & Ratings for CF Industries Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.