CF Industries Holdings, Inc. (CF) Investment Down in Latest Report from Van Eck Associates Corp – Modern Readers

Posted: August 13, 2017 at 2:21 am

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CF Industries Holdings, Inc. (NYSE:CF).

Van Eck Associates Corp reports that it sold 125,956 shares in the previous quarter decreasing its exposure to CF Industries Holdings, Inc. by 3.7%. Its investment stood at $91,898,000 a decrease of 8.3% as of quarter end.

Here are some other firms who have updated their holdings. As of the end of the quarter New York State Teachers Retirement System had bought a total of 1 shares growing its holdings by 0.0%. The value of the investment in CF decreased from $11,843,000 to $11,282,000 a change of 4.7% quarter over quarter. As of quarter end Thrivent Financial For Lutherans had acquired 277,080 shares growing its stake by 3,233.1%. The value of the investment in (CF) went from $252,000 to $7,987,000 a change of $7,735,000 since the last quarter.

As of the end of the quarter Citigroup Inc had acquired 55,000 shares growing its position 24.6%. The value in dollars went from $6,569,000 to $7,795,000 increasing 18.7% for the reporting period.

On July 26 the company was downgraded to Neutral from Overweight in a statement from Credit Suisse.

The company is so far trading down from yesterdays close of $30.77. The company declared a dividend that was paid on Wednesday the 31st of May 2017. The dividend was $0.300 per share for the quarter or $1.20 annualized. This dividend amount represented a yeild of $3.76. The ex-dividend date was Thursday the 11th of May 2017.

Shares of the company are trading at $30.60 which is a tad above $29.35, the 50 day moving average and which is marginally higher than the 200 day moving average of $29.72. The 50 day moving average went up $1.22 or +4.141% whereas the 200 day moving average was up $0.85 or +2.843%.

As of the latest earnings report the EPS was $-1.59 and is projected to be $-0.70 for the current year with 233,247,000 shares presently outstanding. Next quarters EPS is estimated at $-0.24 and the next full year EPS is projected to be $0.26.

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CF Industries Holdings, Inc. (CF) Investment Down in Latest Report from Van Eck Associates Corp - Modern Readers

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