SeaBridge Investment Advisors LLC cut its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.1% during the first quarter, Holdings Channel reports. The institutional investor owned 116,395 shares of the basic materials company’s stock after selling 2,460 shares during the period. SeaBridge Investment Advisors LLC’s holdings in CF Industries Holdings were worth $3,416,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the stock. Tredje AP fonden increased its stake in shares of CF Industries Holdings by 9.1% in the fourth quarter. Tredje AP fonden now owns 41,389 shares of the basic materials company’s stock valued at $1,303,000 after buying an additional 3,439 shares in the last quarter. Robertson Opportunity Capital LLC purchased a new stake in shares of CF Industries Holdings during the fourth quarter valued at approximately $2,046,000. Commerzbank Aktiengesellschaft FI increased its stake in shares of CF Industries Holdings by 2.4% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 43,684 shares of the basic materials company’s stock valued at $1,375,000 after buying an additional 1,041 shares in the last quarter. Montgomery Investment Management Inc. increased its stake in shares of CF Industries Holdings by 47.3% in the third quarter. Montgomery Investment Management Inc. now owns 127,855 shares of the basic materials company’s stock valued at $3,113,000 after buying an additional 41,050 shares in the last quarter. Finally, B & T Capital Management DBA Alpha Capital Management increased its stake in shares of CF Industries Holdings by 12.5% in the fourth quarter. B & T Capital Management DBA Alpha Capital Management now owns 112,968 shares of the basic materials company’s stock valued at $3,556,000 after buying an additional 12,591 shares in the last quarter. Institutional investors own 99.75% 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 1.56% during trading on Tuesday, reaching $27.08. 4,645,587 shares of the company’s stock were exchanged. CF Industries Holdings, Inc. has a 12 month low of $20.77 and a 12 month high of $37.17. The stock has a 50-day moving average price of $29.68 and a 200 day moving average price of $29.64. The firm’s market cap is $6.31 billion.

CF Industries Holdings (NYSE:CF) last announced its quarterly earnings results on Wednesday, February 15th. The basic materials company reported ($0.39) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.06) by $0.33. The firm earned $867 million during the quarter, compared to the consensus estimate of $902.14 million. CF Industries Holdings had a return on equity of 5.94% and a net margin of 1.77%. During the same quarter in the previous year, the firm earned $0.76 EPS. On average, analysts forecast that CF Industries Holdings, Inc. will post $0.26 EPS for the current year.

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CF has been the subject of a number of research analyst reports. Vetr upgraded shares of CF Industries Holdings from a “strong sell” rating to a “hold” rating and set a $35.23 price objective for the company in a report on Monday, January 23rd. Zacks Investment Research downgraded shares of CF Industries Holdings from a “strong-buy” rating to a “hold” rating in a report on Monday, January 16th. BMO Capital Markets restated a “buy” rating on shares of CF Industries Holdings in a report on Tuesday, January 3rd. Royal Bank of Canada restated a “sell” rating and set a $23.00 price objective on shares of CF Industries Holdings in a report on Thursday, January 12th. Finally, Goldman Sachs Group Inc upgraded shares of CF Industries Holdings from a “neutral” rating to a “buy” rating and set a $36.00 price objective for the company in a report on Monday, March 20th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $32.62.

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).

5 Day Chart for NYSE:CF

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