Moon Capital Management buys $2,555,066 stake in CF Industries Holdings (CF)

CF Industries Holdings (CF) : Moon Capital Management scooped up 4,477 additional shares in CF Industries Holdings during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 96,019 shares of CF Industries Holdings which is valued at $2,555,066.CF Industries Holdings makes up approximately 3.08% of Moon Capital Management’s portfolio.

Other Hedge Funds, Including , First Quadrant L Pca boosted its stake in CF in the latest quarter, The investment management firm added 2,300 additional shares and now holds a total of 17,200 shares of CF Industries Holdings which is valued at $457,692. CF Industries Holdings makes up approx 0.01% of First Quadrant L Pca’s portfolio. Palladium Partners sold out all of its stake in CF during the most recent quarter. The investment firm sold 33,410 shares of CF which is valued $889,040. Cribstone Capital Management added CF to its portfolio by purchasing 1,790 company shares during the most recent quarter which is valued at $47,632. CF Industries Holdings makes up approx 0.03% of Cribstone Capital Management’s portfolio. Denali Advisors added CF to its portfolio by purchasing 10,600 company shares during the most recent quarter which is valued at $293,514. CF Industries Holdings makes up approx 0.05% of Denali Advisors’s portfolio.Davenport Co boosted its stake in CF in the latest quarter, The investment management firm added 9,578 additional shares and now holds a total of 46,254 shares of CF Industries Holdings which is valued at $1,245,158. CF Industries Holdings makes up approx 0.02% of Davenport Co’s portfolio.

CF Industries Holdings opened for trading at $26.59 and hit $27.1 on the upside on Wednesday, eventually ending the session at $26.61, with a gain of 0.23% or 0.06 points. The heightened volatility saw the trading volume jump to 41,48,966 shares. Company has a market cap of $6,203 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. 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 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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