Mitsubishi UFJ Trust & Banking Corp Has $30.90 Million Position in CF Industries Holdings, Inc. $CF

Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 9.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 344,447 shares of the basic materials company’s stock after acquiring an additional 30,752 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in CF Industries were worth $30,897,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Trust Co. of Toledo NA OH acquired a new stake in CF Industries during the second quarter valued at $26,000. Harbor Capital Advisors Inc. raised its stake in shares of CF Industries by 78.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 128 shares in the last quarter. True Wealth Design LLC raised its stake in shares of CF Industries by 396.2% during the 3rd quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 309 shares in the last quarter. Eastern Bank acquired a new stake in shares of CF Industries during the 3rd quarter valued at about $35,000. Finally, Root Financial Partners LLC bought a new stake in shares of CF Industries in the 3rd quarter valued at approximately $41,000. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Performance

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

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.59 billion. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The business’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.55 earnings per share. As a group, analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CF. Wolfe Research raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Rothschild & Co Redburn increased their price target on shares of CF Industries from $78.00 to $86.00 in a research note on Monday, November 10th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. UBS Group decreased their price objective on shares of CF Industries from $91.00 to $86.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Finally, The Goldman Sachs Group cut their target price on CF Industries from $94.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $92.63.

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.