Leonard Capital Management Exits Position in CF Industries Holdings (CF)

CF Industries Holdings (CF) : Leonard Capital Management has sold out all of its stake in CF Industries Holdings during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 71,000 shares of CF Industries Holdings which is valued at $1,586,850.

Other Hedge Funds, Including , Bronson Point Management added CF to its portfolio by purchasing 84,000 company shares during the most recent quarter which is valued at $1,877,400. CF Industries Holdings makes up approx 0.59% of Bronson Point Management’s portfolio. Seven Eight Capital added CF to its portfolio by purchasing 266 company shares during the most recent quarter which is valued at $5,945.Dimensional Fund Advisors Lp boosted its stake in CF in the latest quarter, The investment management firm added 73,295 additional shares and now holds a total of 2,157,783 shares of CF Industries Holdings which is valued at $50,038,988. CF Industries Holdings makes up approx 0.03% of Dimensional Fund Advisors Lp’s portfolio.Utah Retirement Systems boosted its stake in CF in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 42,565 shares of CF Industries Holdings which is valued at $1,043,694. CF Industries Holdings makes up approx 0.03% of Utah Retirement Systems’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in CF in the latest quarter, The investment management firm added 11,290 additional shares and now holds a total of 57,811 shares of CF Industries Holdings which is valued at $1,417,526. CF Industries Holdings makes up approx 0.03% of Oregon Public Employees Retirement Fund’s portfolio.

CF Industries Holdings closed down -0.4 points or -1.54% at $25.6 with 41,41,140 shares getting traded on Thursday. Post opening the session at $26.11, the shares hit an intraday low of $25.47 and an intraday high of $26.175 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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 Barclays on Aug 18, 2016 to “Overweight” and Lowered the Price Target to $ 25 from a previous price target of $31 .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.

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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