Centre Asset Management LLC boosted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,230 shares of the basic materials company’s stock after buying an additional 5,940 shares during the period. CF Industries accounts for approximately 1.9% of Centre Asset Management LLC’s portfolio, making the stock its 24th biggest holding. Centre Asset Management LLC’s holdings in CF Industries were worth $7,163,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of CF Industries by 35.2% in the third quarter. JPMorgan Chase & Co. now owns 1,931,876 shares of the basic materials company’s stock valued at $105,172,000 after purchasing an additional 502,919 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of CF Industries by 9.7% in the third quarter. Bank of New York Mellon Corp now owns 8,585,764 shares of the basic materials company’s stock valued at $467,409,000 after purchasing an additional 757,473 shares during the period. GSA Capital Partners LLP purchased a new stake in shares of CF Industries in the third quarter valued at approximately $283,000. LPL Financial LLC boosted its position in CF Industries by 152.2% during the third quarter. LPL Financial LLC now owns 52,334 shares of the basic materials company’s stock worth $2,849,000 after purchasing an additional 31,583 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in CF Industries by 2.7% during the third quarter. The Manufacturers Life Insurance Company now owns 238,606 shares of the basic materials company’s stock worth $12,989,000 after purchasing an additional 6,331 shares in the last quarter. 95.73% of the stock is currently owned by institutional investors.

A number of analysts have commented on CF shares. ValuEngine upgraded CF Industries from a “hold” rating to a “buy” rating in a research report on Thursday, March 14th. Sanford C. Bernstein cut CF Industries from an “outperform” rating to a “market perform” rating and set a $44.40 price target for the company. in a report on Monday, January 14th. Citigroup cut their price target on CF Industries from $60.00 to $51.00 and set a “buy” rating for the company in a report on Monday, January 7th. Royal Bank of Canada cut their price target on CF Industries from $50.00 to $45.00 and set a “sector perform” rating for the company in a report on Thursday, January 10th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $55.00 price target on shares of CF Industries in a report on Tuesday, January 8th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $51.58.

Shares of NYSE CF traded up $0.75 during trading on Wednesday, reaching $44.61. The company had a trading volume of 85,081 shares, compared to its average volume of 2,293,673. CF Industries Holdings, Inc. has a twelve month low of $37.02 and a twelve month high of $56.51. The stock has a market cap of $9.78 billion, a price-to-earnings ratio of 36.11, a price-to-earnings-growth ratio of 3.31 and a beta of 0.71. The company has a quick ratio of 1.37, a current ratio of 1.81 and a debt-to-equity ratio of 0.82.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, February 13th. The basic materials company reported $0.21 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.30). The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.22 billion. CF Industries had a return on equity of 4.66% and a net margin of 6.55%. The business’s revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.02) earnings per share. As a group, analysts anticipate that CF Industries Holdings, Inc. will post 2.16 EPS for the current year.

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CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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

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