Mitsubishi UFJ Trust & Banking Corp decreased its shares in CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 13.5% in the first quarter, according to the company’s most recent filing with the Securities & Exchange Commission. The fund owned 359,542 shares of the basic materials company after selling 56,090 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.20% of CF Industries worth $29,939,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings in the company. Concurrent Investment Advisors LLC increased its stake in shares of CF Industries by 4.5% in the first quarter. Concurrent Investment Advisors LLC now owns 3,236 shares of the basic materials company’s stock worth $269,000 after purchasing an additional 140 shares in the last quarter. Bleakley Financial Group LLC increased its stake in shares of CF Industries by 4.8% in the first quarter. Bleakley Financial Group LLC now owns 3,089 shares of the basic materials company’s stock worth $257,000 after purchasing an additional 141 shares in the last quarter. SYSTM Wealth Solutions LLC increased its stake in shares of CF Industries by 24.0% in the first quarter. SYSTM Wealth Solutions LLC now owns 791 shares of the basic materials company’s stock worth $66,000 after purchasing an additional 153 shares in the last quarter. Czech National Bank increased its stake in shares of CF Industries by 0.5% in the first quarter. Czech National Bank now owns 33,616 shares of the basic materials company’s stock worth $2,797,000 after purchasing an additional 153 shares in the last quarter. Finally, Wahed Invest LLC increased its stake in shares of CF Industries by 4.9% in the fourth quarter. Wahed Invest LLC now owns 3,281 shares of the basic materials company’s stock worth $261,000 after purchasing an additional 154 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries shares down 0.3%

CF shares were down $0.20 on Monday, reaching $71.54. There were 104,485 shares traded of the company, compared to its average volume of 2,318,020. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.94 and a quick ratio of 3.55. CF Industries Holdings, Inc. has a one-year low of $69.13 and a one-year high of $87.90. The company has a market cap of $13.08 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 2.31 and a beta of 0.95. The company has a 50-day moving average of $74.79 and a 200-day moving average of $77.79.

CF Industries (NYSE:CF – Get Free Report) last released its earnings results on Wednesday, May 01. The basic materials company reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter a year ago, the company earned $2.85 EPS. The company’s revenue decreased 26.9% year over year. Analysts expect CF Industries Holdings, Inc. to report 5.19 EPS for the current year.

Dividend announcement CF Industries

The company also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will receive a dividend of $0.50. The ex-dividend date is Thursday, August 15th. This represents a dividend of $2.00 on an annualized basis and a dividend yield of 2.80%. CF Industries’ dividend payout ratio is currently 33.22%.

Wall Street analysts weigh in

A number of brokerages have commented on CF. Berenberg Bank increased their price target on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. BMO Capital Markets lowered their price target on shares of CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, May 6th. Royal Bank of Canada lowered their price target on shares of CF Industries from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, July 15th. Scotiabank lowered their price target on shares of CF Industries from $86.00 to $80.00 and set a “sector perform” rating on the stock in a research report on Monday, May 6th. Finally, Bank of America reaffirmed a “neutral” rating and set a $88.00 price target on shares of CF Industries (down from $96.00) in a research report on Wednesday, April 10th. Two equities analysts have rated the stock with a sell rating, eleven have given a hold rating, and four have given a buy rating to the stock. Based on data from MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and a consensus price target of $83.19.

Check out our latest report on CF

CF Industries Profile

(Free Report)

CF Industries Holdings, Inc., together with its subsidiaries, is engaged in the production and sale of hydrogen and nitrogen products for energy, fertilizer, emission reduction and other industrial applications in North America, Europe and internationally. The company operates through the Ammonia, Granular Urea, UAN, AN and Other segments.

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