CF Industries Holdings, Inc. (NYSE:CF) Trading Volume Significantly Higher – Modern Readers

Posted: August 6, 2017 at 3:13 am

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8,340K shares changed hands by the end of trading on Friday. Overall, volume was up 144.09% over the stocks normal daily volume.

These funds have also shifted positions in (CF). As of the end of the quarter Global Thematic Partners, LLC had acquired 336,806 shares growing its position 23.0%. The value of the companys investment in CF Industries Holdings, Inc. went from $42,951,000 to $50,332,000 a change of $7,381,000 for the reporting period. Frontier Capital Management Co LLC downsized its ownership by selling 22,770 shares a decrease of 1.7% from 03/31/2017 to 06/30/2017. Frontier Capital Management Co LLC claims 1,333,644 shares with a value of $37,289,000. The value of the position overall is down by 6.3%.

As of quarter end Nikko Asset Management Americas, Inc. had sold a total of 12,600 shares trimming its stake by 2.8%. The value of the investment in CF Industries Holdings, Inc. decreased from $13,431,000 to $12,443,000 a change of 7.4% quarter over quarter. As of quarter end Kbc Group Nv had bought 45,579 shares growing its holdings by 19.7%. The value of the total investment in CF Industries Holdings, Inc. went from $6,802,000 to $7,754,000 increasing 14.0% quarter to quarter.

On July 26 the company was set at Neutral according to a Credit Suisse report down from the previous Overweight rating. On December 12, 2016 the stock rating was changed to a Equal-Weight according to a Barclays report which is down from the previous Overweight rating.

On November 22, 2016 the stock rating was set at Underperform according to a RBC Capital report which was a cut from the previous Sector Perform rating. On August 23 the company was upgraded from Buy to Buy and a price target of $28.00 was set in an announcement from UBS.

On August 18 Barclays made no change to the stock rating of Overweight and lowered the price expectation to $25.00 from $65.00. On July 7 Citigroup maintained a company rating of Neutral but lowered the price target from $374.00 to $25.00.

The company is now up by 4.88 percent from yesterdays close. CF Industries Holdings, Inc. also recently declared a dividend for shareholders paid on Wednesday the 31st of May 2017. The dividend payment was $0.300 per share for the quarter or $1.20 on an annualized basis. This dividend amount was represent a yeild of $3.91. The ex-dividend date was Thursday the 11th of May 2017.

The stock is trading at $32.21 just above $28.62, the 50 day moving average and which is slightly above the 200 day moving average of $29.74. The 50 day moving average went up by +12.53% and the 200 day average moved up $2.47.

In the latest earnings report the EPS was $-1.59 and is estimated to be $-0.38 for the current year with 233,500,000 shares now outstanding. Next quarters EPS is forecasted at $-0.10 with next years EPS anticipated to be $0.54.

CF Industries Holdings, Inc., launched on April 15, 2005, is a manufacturer and distributor of nitrogen fertilizer, and other nitrogen products. The Businesss 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 the Businesss industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs). The Businesss segments include ammonia, granular urea, UAN, AN and other..

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CF Industries Holdings, Inc. (NYSE:CF) Trading Volume Significantly Higher - Modern Readers

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