Sumitomo Mitsui Trust Holdings Inc. Raises Stake in CF Industries Holdings, Inc. (CF)

Sumitomo Mitsui Trust Holdings Inc. lifted its position in CF Industries Holdings, Inc. (NYSE:CF) by 1.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 659,496 shares of the basic materials company’s stock after purchasing an additional 9,956 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned 0.28% of CF Industries Holdings worth $18,440,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Candriam Luxembourg S.C.A. lifted its position in CF Industries Holdings by 40.4% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 18,660 shares of the basic materials company’s stock worth $548,000 after buying an additional 5,366 shares in the last quarter. Mn Services Vermogensbeheer B.V. lifted its position in CF Industries Holdings by 4.8% during the 1st quarter. Mn Services Vermogensbeheer B.V. now owns 6,050 shares of the basic materials company’s stock worth $166,000 after buying an additional 275 shares in the last quarter. First Mercantile Trust Co. lifted its position in CF Industries Holdings by 22.4% during the 1st quarter. First Mercantile Trust Co. now owns 3,691 shares of the basic materials company’s stock worth $108,000 after buying an additional 676 shares in the last quarter. Russell Investments Group Ltd. lifted its position in CF Industries Holdings by 67.9% during the 1st quarter. Russell Investments Group Ltd. now owns 77,386 shares of the basic materials company’s stock worth $2,272,000 after buying an additional 31,294 shares in the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD lifted its position in CF Industries Holdings by 9.9% during the 1st quarter. Sumitomo Mitsui Asset Management Company LTD now owns 19,101 shares of the basic materials company’s stock worth $560,000 after buying an additional 1,714 shares in the last quarter.

Several research analysts recently issued reports on the stock. Royal Bank Of Canada set a $25.00 price target on shares of CF Industries Holdings and gave the stock a “sell” rating in a research report on Saturday, June 10th. Credit Suisse Group set a $31.00 price target on shares of CF Industries Holdings and gave the stock a “buy” rating in a research report on Sunday, May 28th. Piper Jaffray Companies reiterated a “hold” rating on shares of CF Industries Holdings in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, Barclays PLC reduced their price target on shares of CF Industries Holdings from $31.00 to $29.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 13th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. CF Industries Holdings has a consensus rating of “Hold” and an average price target of $32.23.

In related news, VP Bert A. Frost sold 6,400 shares of CF Industries Holdings stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $31.53, for a total value of $201,792.00. Following the transaction, the vice president now directly owns 59,732 shares of the company’s stock, valued at $1,883,349.96. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.00% of the stock is owned by insiders.

Shares of CF Industries Holdings, Inc. (NYSE CF) traded up 1.64% during mid-day trading on Friday, hitting $32.89. 4,863,973 shares of the company were exchanged. The company’s market capitalization is $7.67 billion. The firm has a 50 day moving average of $30.33 and a 200 day moving average of $28.89. CF Industries Holdings, Inc. has a 12-month low of $22.00 and a 12-month high of $37.17.

CF Industries Holdings (NYSE:CF) last posted its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $0.10 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.18. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.06 billion. CF Industries Holdings had a negative return on equity of 0.40% and a negative net margin of 9.98%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 earnings per share. Equities research analysts forecast that CF Industries Holdings, Inc. will post ($0.70) earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Tuesday, August 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date of this dividend was Friday, August 11th. CF Industries Holdings’s dividend payout ratio is currently -75.47%.

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About CF Industries Holdings

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).

Institutional Ownership by Quarter for CF Industries Holdings (NYSE:CF)

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