3,111 Shares in CF Industries Holdings, Inc. (NYSE:CF) Acquired by Corton Capital Inc.

Corton Capital Inc. purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,111 shares of the basic materials company's stock, valued at approximately $265,000.

Several other hedge funds also recently bought and sold shares of the stock. Mizuho Bank Ltd. purchased a new position in shares of CF Industries during the 4th quarter worth $26,000. Heck Capital Advisors LLC purchased a new position in CF Industries during the fourth quarter worth about $34,000. Creative Financial Designs Inc. ADV boosted its stake in CF Industries by 50.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after buying an additional 161 shares during the last quarter. Asset Planning Inc purchased a new stake in CF Industries in the 4th quarter valued at about $44,000. Finally, Arlington Trust Co LLC increased its stake in shares of CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock valued at $49,000 after acquiring an additional 460 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Stock Up 1.4 %

Shares of CF stock traded up $1.13 on Friday, hitting $82.45. The stock had a trading volume of 2,523,318 shares, compared to its average volume of 2,114,398. The stock's 50 day moving average is $76.46 and its 200-day moving average is $83.23. The firm has a market capitalization of $13.98 billion, a price-to-earnings ratio of 12.18, a P/E/G ratio of 0.37 and a beta of 0.94. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share for the quarter, beating analysts' consensus estimates of $1.47 by $0.38. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The company had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.53 billion. During the same period in the prior year, the company posted $1.03 EPS. The firm's revenue for the quarter was up 13.1% on a year-over-year basis. As a group, research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, May 15th. CF Industries's payout ratio is 29.54%.

CF Industries announced that its Board of Directors has initiated a share repurchase program on Wednesday, May 7th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the basic materials company to buy up to 14.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CF shares. BNP Paribas upgraded shares of CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Oppenheimer cut shares of CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. UBS Group increased their target price on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a research report on Thursday. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price target for the company in a research report on Wednesday, April 9th. Finally, The Goldman Sachs Group began coverage on CF Industries in a report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price objective on the stock. One analyst has rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, CF Industries presently has a consensus rating of "Hold" and an average price target of $89.50.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.