Mitsubishi UFJ Trust & Banking Corp lessened its stake in CF Industries Holdings, Inc. (NYSE:CF) by 0.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 461,117 shares of the basic materials company’s stock after selling 1,961 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.20% of CF Industries Holdings worth $12,893,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in CF. BlackRock Inc. lifted its holdings 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. FMR LLC raised its stake in CF Industries Holdings by 12.1% during the first quarter. FMR LLC now owns 23,826,054 shares of the basic materials company’s stock valued at $699,295,000 after purchasing an additional 2,577,455 shares in the last quarter. Ameriprise Financial Inc. raised its stake in CF Industries Holdings by 141.9% during the first quarter. Ameriprise Financial Inc. now owns 2,027,780 shares of the basic materials company’s stock valued at $59,515,000 after purchasing an additional 1,189,396 shares in the last quarter. Pioneer Investment Management Inc. raised its stake in CF Industries Holdings by 146.2% during the first quarter. Pioneer Investment Management Inc. now owns 1,672,836 shares of the basic materials company’s stock valued at $49,098,000 after purchasing an additional 993,403 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in CF Industries Holdings by 1,077.6% during the first quarter. Victory Capital Management Inc. now owns 994,693 shares of the basic materials company’s stock valued at $29,194,000 after purchasing an additional 910,226 shares in the last quarter.
In other news, VP Bert A. Frost sold 6,400 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $31.53, for a total value of $201,792.00. Following the completion of the sale, the vice president now owns 59,732 shares in the company, valued at $1,883,349.96. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.00% of the stock is currently owned by company insiders.
CF has been the topic of a number of recent research reports. BMO Capital Markets set a $35.00 price target on shares of CF Industries Holdings and gave the company a “buy” rating in a research note on Tuesday, June 6th. Credit Suisse Group set a $31.00 target price on shares of CF Industries Holdings and gave the stock a “buy” rating in a report on Sunday, May 28th. Barclays PLC reissued an “equal weight” rating and set a $31.00 price target (down from $32.00) on shares of CF Industries Holdings in a research report on Sunday, May 28th. ValuEngine upgraded shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $28.00 price objective (down previously from $31.00) on shares of CF Industries Holdings in a research note on Monday, July 10th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $32.23.
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CF Industries Holdings, Inc. (NYSE CF) opened at 35.23 on Friday. The firm has a 50-day moving average price of $30.68 and a 200 day moving average price of $28.91. The firm’s market capitalization is $8.22 billion. CF Industries Holdings, Inc. has a 52-week low of $22.00 and a 52-week high of $37.17.
CF Industries Holdings (NYSE:CF) last released its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.18. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. CF Industries Holdings had a negative return on equity of 0.40% and a negative net margin of 9.98%. The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the business posted $0.33 EPS. Analysts forecast that CF Industries Holdings, Inc. will post ($0.69) EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were paid a $0.30 dividend. The ex-dividend date was Friday, August 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.41%. CF Industries Holdings’s dividend payout ratio (DPR) is currently -75.47%.
CF Industries Holdings Company Profile
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).
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