276,500 Shares in CF Industries Holdings, Inc. (CF) Acquired by Raging Capital Management LLC

Raging Capital Management LLC purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 276,500 shares of the basic materials company’s stock, valued at approximately $8,115,000. CF Industries Holdings comprises approximately 0.8% of Raging Capital Management LLC’s investment portfolio, making the stock its 26th largest position. Raging Capital Management LLC owned approximately 0.12% of CF Industries Holdings as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of CF Industries Holdings by 12.1% in the first quarter. FMR LLC now owns 23,826,054 shares of the basic materials company’s stock valued at $699,295,000 after buying an additional 2,577,455 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of CF Industries Holdings by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,636,563 shares of the basic materials company’s stock worth $693,733,000 after buying an additional 817,570 shares in the last quarter. BlackRock Inc. increased its stake in shares of CF Industries Holdings by 3,912.4% in the first quarter. BlackRock Inc. now owns 20,034,069 shares of the basic materials company’s stock worth $587,999,000 after buying an additional 19,534,765 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of CF Industries Holdings by 8.7% in the first quarter. Bank of New York Mellon Corp now owns 5,712,236 shares of the basic materials company’s stock worth $167,653,000 after buying an additional 459,582 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in shares of CF Industries Holdings by 3.0% in the first quarter. Alliancebernstein L.P. now owns 4,574,660 shares of the basic materials company’s stock worth $134,266,000 after buying an additional 135,012 shares in the last quarter. Institutional investors own 99.76% of the company’s stock.

Institutional Ownership by Quarter for CF Industries Holdings (NYSE:CF)

Shares of CF Industries Holdings, Inc. (NYSE:CF) traded down 3.75% on Tuesday, reaching $27.18. The company’s stock had a trading volume of 3,715,278 shares. The firm has a 50 day moving average of $27.39 and a 200 day moving average of $30.19. CF Industries Holdings, Inc. has a 52-week low of $20.77 and a 52-week high of $37.17. The company’s market cap is $6.34 billion.

CF Industries Holdings (NYSE:CF) last announced its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $0.04. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $988.56 million. CF Industries Holdings had a positive return on equity of 0.41% and a negative net margin of 8.77%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the company posted $0.40 earnings per share. Analysts predict that CF Industries Holdings, Inc. will post ($0.21) earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, May 11th. This represents a $1.20 annualized dividend and a dividend yield of 4.42%. CF Industries Holdings’s dividend payout ratio (DPR) is presently -85.71%.

COPYRIGHT VIOLATION NOTICE: “276,500 Shares in CF Industries Holdings, Inc. (CF) Acquired by Raging Capital Management LLC” was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at https://sportsperspectives.com/2017/06/20/276500-shares-in-cf-industries-holdings-inc-cf-acquired-by-raging-capital-management-llc.html.

CF has been the subject of a number of research reports. Cowen and Company set a $30.00 price objective on CF Industries Holdings and gave the stock a “hold” rating in a research report on Thursday, May 4th. Zacks Investment Research downgraded CF Industries Holdings from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 9th. Barclays PLC reiterated an “equal weight” rating and issued a $31.00 price objective (down previously from $32.00) on shares of CF Industries Holdings in a research report on Sunday, May 28th. Credit Suisse Group reiterated a “buy” rating and issued a $31.00 price objective on shares of CF Industries Holdings in a research report on Friday, April 21st. Finally, BidaskClub upgraded CF Industries Holdings from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $31.92.

About CF Industries Holdings

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s 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 Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

Receive News & Ratings for CF Industries Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply