Pictet North America Advisors Sa Lowers stake in CF Industries Holdings (CF)

CF Industries Holdings (CF) : Pictet North America Advisors Sa reduced its stake in CF Industries Holdings by 3.84% during the most recent quarter end. The investment management company now holds a total of 264,869 shares of CF Industries Holdings which is valued at $5,919,822 after selling 10,591 shares in CF Industries Holdings , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.CF Industries Holdings makes up approximately 1.31% of Pictet North America Advisors Sa’s portfolio.

Other Hedge Funds, Including , Blackrock Institutional Trust Company N.a. boosted its stake in CF in the latest quarter, The investment management firm added 67,936 additional shares and now holds a total of 6,054,066 shares of CF Industries Holdings which is valued at $135,308,375. CF Industries Holdings makes up approx 0.02% of Blackrock Institutional Trust Company N.a.’s portfolio.Whittier Trust Co Of Nevada Inc reduced its stake in CF by selling 1,485 shares or 44.3% in the most recent quarter. The Hedge Fund company now holds 1,867 shares of CF which is valued at $46,078. CF Industries Holdings makes up approx 0.01% of Whittier Trust Co Of Nevada Inc’s portfolio.Strs Ohio reduced its stake in CF by selling 28,197 shares or 41.36% in the most recent quarter. The Hedge Fund company now holds 39,975 shares of CF which is valued at $1,015,765. Palo Capital added CF to its portfolio by purchasing 16,056 company shares during the most recent quarter which is valued at $404,290. CF Industries Holdings makes up approx 0.13% of Palo Capital’s portfolio. Fox Run Management L.l.c. added CF to its portfolio by purchasing 12,500 company shares during the most recent quarter which is valued at $332,625. CF Industries Holdings makes up approx 0.15% of Fox Run Management L.l.c.’s portfolio.

CF Industries Holdings opened for trading at $22.54 and hit $23.17 on the upside on Friday, eventually ending the session at $23.02, with a gain of 1.23% or 0.28 points. The heightened volatility saw the trading volume jump to 50,68,471 shares. Company has a market cap of $5,367 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 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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