Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 27.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,602 shares of the basic materials company’s stock after selling 13,366 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in CF Industries Holdings were worth $1,217,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Saratoga Research & Investment Management acquired a new position in CF Industries Holdings during the third quarter valued at approximately $108,000. Ffcm LLC grew its holdings in CF Industries Holdings by 218.4% during the second quarter. Ffcm LLC now owns 4,041 shares of the basic materials company’s stock valued at $118,000 after purchasing an additional 2,772 shares during the last quarter. Financial Architects Inc grew its holdings in CF Industries Holdings by 22.5% during the second quarter. Financial Architects Inc now owns 4,350 shares of the basic materials company’s stock valued at $122,000 after purchasing an additional 800 shares during the last quarter. Pacad Investment Ltd. acquired a new position in CF Industries Holdings during the second quarter valued at approximately $126,000. Finally, BT Investment Management Ltd acquired a new position in CF Industries Holdings during the second quarter valued at approximately $126,000.
Several equities analysts have commented on the company. Cowen and Company increased their price target on CF Industries Holdings from $27.00 to $33.00 and gave the company a “market perform” rating in a report on Wednesday, November 8th. Atlantic Securities downgraded CF Industries Holdings from a “neutral” rating to an “underweight” rating in a report on Tuesday. Zacks Investment Research cut CF Industries Holdings from a “buy” rating to a “hold” rating in a research report on Friday. Royal Bank Of Canada increased their price objective on CF Industries Holdings from $27.00 to $32.00 and gave the company an “underperform” rating in a research report on Friday, November 3rd. Finally, BMO Capital Markets increased their price objective on CF Industries Holdings from $38.00 to $43.00 and gave the company a “market perform” rating in a research report on Friday, November 3rd. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. CF Industries Holdings presently has an average rating of “Hold” and a consensus target price of $34.74.
CF Industries Holdings, Inc. (NYSE CF) opened at $37.37 on Tuesday. CF Industries Holdings, Inc. has a 12-month low of $25.04 and a 12-month high of $39.32. The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 0.80.
CF Industries Holdings (NYSE:CF) last issued its earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.04). The firm had revenue of $870.00 million during the quarter, compared to the consensus estimate of $733.63 million. CF Industries Holdings had a negative return on equity of 2.29% and a negative net margin of 10.95%. The firm’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period last year, the business earned $0.13 earnings per share. research analysts predict that CF Industries Holdings, Inc. will post -0.38 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be given a $0.30 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.20 annualized dividend and a yield of 3.21%. CF Industries Holdings’s dividend payout ratio (DPR) is currently -65.57%.
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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