Mitsubishi UFJ Trust & Banking Corp Buys 31,194 Shares of CF Industries Holdings, Inc. $CF

Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 11.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 313,695 shares of the basic materials company’s stock after buying an additional 31,194 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.19% of CF Industries worth $28,860,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of CF Industries by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 21,040,601 shares of the basic materials company’s stock valued at $1,644,323,000 after purchasing an additional 319,343 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in CF Industries by 4.5% during the 1st 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 in the last quarter. Invesco Ltd. increased its position in CF Industries by 4.4% during the 1st quarter. Invesco Ltd. now owns 5,708,643 shares of the basic materials company’s stock valued at $446,130,000 after purchasing an additional 240,756 shares during the period. Boston Partners raised its stake in CF Industries by 9.3% in the first quarter. Boston Partners now owns 3,623,708 shares of the basic materials company’s stock worth $283,169,000 after buying an additional 307,092 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in CF Industries by 16.8% during the first quarter. Ameriprise Financial Inc. now owns 3,275,464 shares of the basic materials company’s stock valued at $255,977,000 after purchasing an additional 470,746 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

Shares of CF Industries stock opened at $84.41 on Friday. 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 $13.17 billion, a PE ratio of 11.02 and a beta of 0.89. The business has a 50-day moving average price of $86.17 and a 200 day moving average price of $88.61. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45.

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

CF Industries Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. BNP Paribas downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Wells Fargo & Company began coverage on CF Industries in a research report on Tuesday. They issued an “overweight” rating and a $100.00 price objective for the company. UBS Group dropped their target price on CF Industries from $96.00 to $91.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Bank of America increased their price target on CF Industries from $82.00 to $83.00 and gave the company an “underperform” rating in a research note on Tuesday, October 14th. Finally, HSBC lowered their price target on CF Industries from $104.00 to $95.00 and set a “hold” rating for the company in a report on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $96.38.

About CF Industries

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.