MUFG Securities EMEA plc raised its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 1,006.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,000 shares of the basic materials company’s stock after purchasing an additional 63,671 shares during the quarter. MUFG Securities EMEA plc’s holdings in CF Industries were worth $3,046,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in CF. Natixis Advisors L.P. lifted its holdings in shares of CF Industries by 85.7% during the fourth quarter. Natixis Advisors L.P. now owns 36,895 shares of the basic materials company’s stock worth $1,605,000 after buying an additional 17,025 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of CF Industries by 3.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,967 shares of the basic materials company’s stock worth $607,000 after purchasing an additional 407 shares during the period. Banco Santander S.A. bought a new position in shares of CF Industries in the fourth quarter worth $520,000. Hanseatic Management Services Inc. increased its position in shares of CF Industries by 887.0% in the fourth quarter. Hanseatic Management Services Inc. now owns 16,197 shares of the basic materials company’s stock worth $705,000 after purchasing an additional 14,556 shares during the period. Finally, Legal & General Group Plc increased its position in shares of CF Industries by 0.4% in the third quarter. Legal & General Group Plc now owns 1,040,925 shares of the basic materials company’s stock worth $56,668,000 after purchasing an additional 4,221 shares during the period. 95.73% of the stock is owned by institutional investors and hedge funds.
Shares of CF Industries stock traded down $0.02 during midday trading on Wednesday, reaching $44.55. The company had a trading volume of 1,550,700 shares, compared to its average volume of 2,727,392. CF Industries Holdings, Inc. has a fifty-two week low of $37.02 and a fifty-two week high of $56.51. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.81 and a quick ratio of 1.37. The firm has a market cap of $9.87 billion, a P/E ratio of 35.93, a P/E/G ratio of 3.54 and a beta of 0.71.
CF has been the topic of a number of recent analyst reports. Cowen restated an “outperform” rating and issued a $56.00 price target (down previously from $62.00) on shares of CF Industries in a research report on Tuesday. Zacks Investment Research cut CF Industries from a “buy” rating to a “hold” rating in a research report on Friday, January 11th. Sanford C. Bernstein cut CF Industries from an “outperform” rating to a “market perform” rating and set a $44.40 price target on the stock. in a research report on Monday, January 14th. Barclays restated a “neutral” rating on shares of CF Industries in a research report on Friday, February 15th. Finally, Citigroup decreased their target price on CF Industries from $60.00 to $51.00 and set a “buy” rating on the stock in a research report on Monday, January 7th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $50.05.
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CF Industries Company Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.
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