CF Industries Holdings, Inc. $CF Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp increased its position in CF Industries Holdings, Inc. (NYSE:CF) by 9.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 344,447 shares of the basic materials company’s stock after buying an additional 30,752 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.21% of CF Industries worth $30,897,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CF. UniSuper Management Pty Ltd raised its position in CF Industries by 17.7% in the third quarter. UniSuper Management Pty Ltd now owns 27,487 shares of the basic materials company’s stock worth $2,466,000 after acquiring an additional 4,137 shares in the last quarter. MOKAN Wealth Management Inc. raised its holdings in shares of CF Industries by 19.7% in the 3rd quarter. MOKAN Wealth Management Inc. now owns 8,583 shares of the basic materials company’s stock worth $770,000 after purchasing an additional 1,413 shares in the last quarter. iA Global Asset Management Inc. raised its holdings in shares of CF Industries by 60.4% in the 3rd quarter. iA Global Asset Management Inc. now owns 27,323 shares of the basic materials company’s stock worth $2,451,000 after purchasing an additional 10,288 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in CF Industries during the third quarter valued at approximately $1,918,000. Finally, Cornerstone Wealth Group LLC bought a new stake in CF Industries during the third quarter worth approximately $205,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CF has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CF Industries in a report on Monday, December 29th. Wolfe Research raised CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. UBS Group decreased their price target on CF Industries from $91.00 to $86.00 and set a “neutral” rating for the company in a research report on Monday, January 12th. Zacks Research raised CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Finally, HSBC cut their price objective on CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a report on Monday, November 24th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $92.63.

CF Industries Stock Performance

Shares of CF stock opened at $92.37 on Monday. The stock’s fifty day simple moving average is $80.29 and its 200-day simple moving average is $84.98. The company has a market capitalization of $14.41 billion, a price-to-earnings ratio of 11.13 and a beta of 0.69. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, beating the consensus estimate of $2.06 by $0.13. The company had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.59 billion. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.The business’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.55 EPS. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.