The Tokio Marine Asset Management Co. Ltd. reaches $635,000 position of CF Industries Holdings Inc. (CF)

The Tokio Marine Asset Management Co. Ltd. reaches $635,000 position  of CF Industries Holdings Inc. (CF)

Tokio Marine Asset Management Co. Ltd. held its position in shares of CF Industries Holdings Inc. (NYSE:CF) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,348 shares of the company’s stock at the end of the second quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in CF Industries Holdings were worth $635,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Canada Pension Plan Investment Board increased its stake in CF Industries Holdings by 2,394.1% in the first quarter. Canada Pension Plan Investment Board now owns 1,851,575 shares of the company’s stock valued at $58,028,000 after buying an additional 1,777,338 shares during the last quarter. AXA increased its stake in CF Industries Holdings by 441.8% in the first quarter. AXA now owns 1,035,532 shares of the company’s stock valued at $32,454,000 after buying an additional 844,399 shares during the last quarter. Wellington Management Group LLP increased its stake in CF Industries Holdings by 92.4% in the first quarter. Wellington Management Group LLP now owns 1,501,426 shares of the company’s stock valued at $47,054,000 after buying an additional 721,177 shares during the last quarter. State Street Corp increased its stake in CF Industries Holdings by 5.6% in the first quarter. State Street Corp now owns 10,842,394 shares of the company’s stock valued at $339,791,000 after buying an additional 571,479 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in CF Industries Holdings during the first quarter valued at $17,057,000. Hedge funds and other institutional investors own 99.09% of the company’s stock.

CF Industries Holdings Inc. (NYSE:CF) traded down 2.88% during midday trading on Friday, hitting $23.95. The stock had a trading volume of 3,901,504 shares. The stock has a 50-day moving average price of $24.35 and a 200 day moving average price of $27.21. CF Industries Holdings Inc. has a 12-month low of $20.77 and a 12-month high of $54.27. The firm has a market cap of $5.58 billion, a P/E ratio of 29.50 and a beta of 1.62.

CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.68 by $0.35. CF Industries Holdings had a return on equity of 8.04% and a net margin of 4.55%. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the prior year, the business earned $1.49 EPS. The business’s quarterly revenue was down 13.5% compared to the same quarter last year. On average, equities analysts anticipate that CF Industries Holdings Inc. will post $1.06 earnings per share for the current fiscal year.

Several analysts have weighed in on the company. Vetr downgraded CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $26.27 price target on the stock. in a research note on Monday. Credit Suisse Group AG set a $26.00 price target on CF Industries Holdings and gave the company a “buy” rating in a research note on Sunday, September 18th. Barclays PLC dropped their price target on CF Industries Holdings from $31.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, August 18th. Citigroup Inc. dropped their price target on CF Industries Holdings from $25.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 10th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $28.00 price objective on shares of CF Industries Holdings in a report on Friday, August 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $32.66.

In related news, Director Robert C. Arzbaecher purchased 21,600 shares of the stock in a transaction that occurred on Tuesday, August 16th. The shares were purchased at an average price of $23.25 per share, with a total value of $502,200.00. Following the completion of the acquisition, the director now directly owns 88,443 shares in the company, valued at approximately $2,056,299.75. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.84% of the company’s stock.

About CF Industries Holdings

CF Industries Holdings, Inc is the manufacturer and distributor of 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 its industrial customers, and compound fertilizer products (NPKs).

Related posts

Leave a Comment