Cleveland Cliffs Inc (CLF)

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Which companies own the most shares of Cleveland-Cliffs Inc. (CLF)?

According to The Vanguard Group, Inc. filings, the company currently owns 50,553,900 shares, which is about 9.82% of the total CLF shares outstanding. The investor’s shares have appreciated by 923,207 from its previous 13-F filing of 49630693.0 shares. With the completion of the buy transaction, BlackRock Fund Advisors’s stake is now worth $683,544,460. SSgA Funds Management, Inc. reduced a -2.56% interest valued at $313.92 million while Fidelity Management & Research Co sold a -7,991,236 stake. A total of -347,651 shares of Cleveland-Cliffs Inc. were sold by Fisher Asset Management LLC during the quarter, and 150,571 were bought by Geode Capital Management LLC. In its current portfolio, Dimensional Fund Advisors LP holds 7,107,905 shares valued at $98.66 million.
In terms of Cleveland-Cliffs Inc. share price expectations, FactSet research, analysts set an average price target of $20.39 in the next 12 months, up nearly 12.69% from the previous closing price of $16.86. Analysts anticipate Cleveland-Cliffs Inc. stock to reach $27.00 by 2023, with the lowest price target being $17.00. In spite of this, 13 analysts ranked Cleveland-Cliffs Inc. stock as an Overweight at the end of 2023.