CF Industries Holdings, Inc. $CF Shares Sold by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lessened its stake in CF Industries Holdings, Inc. (NYSE:CF) by 1.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 325,686 shares of the basic materials company’s stock after selling 5,721 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.19% of CF Industries worth $29,963,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Talaria Asset Management Pty Ltd grew its holdings in shares of CF Industries by 77.0% in the 1st quarter. Talaria Asset Management Pty Ltd now owns 584,000 shares of the basic materials company’s stock worth $45,640,000 after acquiring an additional 254,000 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in CF Industries by 4.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,055,283 shares of the basic materials company’s stock valued at $473,220,000 after purchasing an additional 262,944 shares during the last quarter. Cerity Partners LLC increased its position in shares of CF Industries by 31.2% in the first quarter. Cerity Partners LLC now owns 17,208 shares of the basic materials company’s stock valued at $1,345,000 after buying an additional 4,089 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of CF Industries by 5.9% in the second quarter. Envestnet Asset Management Inc. now owns 276,542 shares of the basic materials company’s stock valued at $25,442,000 after buying an additional 15,291 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of CF Industries during the 1st quarter worth $849,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 1.0%

Shares of CF Industries stock opened at $83.69 on Wednesday. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The business’s fifty day moving average is $86.17 and its two-hundred day moving average is $88.67. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. The firm has a market cap of $13.55 billion, a PE ratio of 10.92 and a beta of 0.89.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter in the previous year, the business earned $1.55 earnings per share. The business’s revenue for the quarter was up 21.1% on a year-over-year basis. Analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, November 14th. CF Industries’s dividend payout ratio is presently 24.10%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on CF shares. BNP Paribas downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Barclays upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $95.00 to $100.00 in a research report on Wednesday, August 13th. Scotiabank lifted their price objective on CF Industries from $82.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Monday. HSBC reduced their target price on CF Industries from $104.00 to $95.00 and set a “hold” rating on the stock in a research note on Monday, September 15th. Finally, The Goldman Sachs Group dropped their price target on CF Industries from $96.00 to $94.00 and set a “neutral” rating for the company in a research report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $96.38.

CF Industries Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.