Seminole Management Exits Position in CF Industries Holdings (CF)

CF Industries Holdings (CF) : Seminole 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 Jul 26, 2016 with the SEC. The investment management company has sold out 55,000 shares of CF Industries Holdings which is valued at $1,397,550.

Other Hedge Funds, Including , Narwhal Capital Management sold out all of its stake in CF during the most recent quarter. The investment firm sold 43,760 shares of CF which is valued $1,111,942.Huntington National Bank reduced its stake in CF by selling 82 shares or 55.78% in the most recent quarter. The Hedge Fund company now holds 65 shares of CF which is valued at $1,652. Round Table Services added CF to its portfolio by purchasing 10,000 company shares during the most recent quarter which is valued at $254,100. CF Industries Holdings makes up approx 0.14% of Round Table Services’s portfolio.British Columbia Investment Management Corp reduced its stake in CF by selling 52,997 shares or 50.64% in the most recent quarter. The Hedge Fund company now holds 51,653 shares of CF which is valued at $1,284,094. CF Industries Holdings makes up approx 0.01% of British Columbia Investment Management Corp’s portfolio.

CF Industries Holdings opened for trading at $24.55 and hit $24.75 on the upside on Friday, eventually ending the session at $24.68, with a gain of 0.08% or 0.02 points. The heightened volatility saw the trading volume jump to 43,40,591 shares. Company has a market cap of $5,753 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.

Investors should note that on Jul 22, 2016, CF Industries Holdings announced a cash dividend of $0.3000. The company’s management has announced Aug 11, 2016 as the ex-dividend date and fixed the record date on Aug 15, 2016. The payable date has been fixed on Aug 31, 2016.

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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