Polar Asset Management Partners Inc. Buys 50,200 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Polar Asset Management Partners Inc. grew its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 214.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 73,600 shares of the basic materials company's stock after purchasing an additional 50,200 shares during the period. Polar Asset Management Partners Inc.'s holdings in CF Industries were worth $6,280,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CF. FMR LLC grew its holdings in CF Industries by 6.6% during the fourth quarter. FMR LLC now owns 8,830,621 shares of the basic materials company's stock worth $753,429,000 after acquiring an additional 543,876 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in CF Industries by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock worth $494,202,000 after acquiring an additional 225,109 shares during the period. Victory Capital Management Inc. grew its holdings in CF Industries by 7.1% during the fourth quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock worth $382,901,000 after acquiring an additional 299,173 shares during the period. First Trust Advisors LP grew its holdings in CF Industries by 3.5% during the fourth quarter. First Trust Advisors LP now owns 4,425,518 shares of the basic materials company's stock worth $377,585,000 after acquiring an additional 150,461 shares during the period. Finally, Boston Partners grew its holdings in CF Industries by 7.0% during the fourth quarter. Boston Partners now owns 3,316,616 shares of the basic materials company's stock worth $283,044,000 after acquiring an additional 216,395 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Down 0.1%

Shares of CF Industries stock traded down $0.05 during trading on Wednesday, hitting $91.49. 1,653,445 shares of the stock traded hands, compared to its average volume of 2,138,554. The stock has a market cap of $15.51 billion, a P/E ratio of 13.51, a PEG ratio of 0.37 and a beta of 0.94. 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 Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $98.25. The company has a fifty day moving average price of $79.37 and a two-hundred day moving average price of $83.64.

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

CF Industries declared that its Board of Directors has authorized a share buyback plan on Wednesday, May 7th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the basic materials company to purchase up to 14.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its shares are undervalued.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Thursday, May 15th. CF Industries's payout ratio is 26.35%.

Analyst Ratings Changes

A number of research analysts recently issued reports on CF shares. UBS Group lifted their target price on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Barclays increased their price target on CF Industries from $87.00 to $91.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 14th. Scotiabank upgraded 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. Morgan Stanley decreased their price target on CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a research report on Friday, April 11th. Finally, BNP Paribas upgraded CF Industries to a "strong-buy" rating in a research report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $90.21.

CF Industries Profile

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.