Toronto Dominion Bank Has $20.81 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Toronto Dominion Bank lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 9.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 243,951 shares of the basic materials company's stock after buying an additional 20,538 shares during the period. Toronto Dominion Bank owned about 0.14% of CF Industries worth $20,814,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Mizuho Bank Ltd. acquired a new position in shares of CF Industries during the 4th quarter worth about $26,000. Heck Capital Advisors LLC acquired a new position in CF Industries during the fourth quarter worth approximately $34,000. Creative Financial Designs Inc. ADV raised its stake in CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after buying an additional 161 shares during the period. Asset Planning Inc acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $44,000. Finally, Brooklyn Investment Group boosted its stake in shares of CF Industries by 26.9% during the 4th quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after acquiring an additional 122 shares during the period. Institutional investors own 93.06% of the company's stock.

CF Industries Trading Down 0.2%

Shares of CF stock opened at $87.60 on Tuesday. The stock has a market cap of $14.85 billion, a P/E ratio of 12.94, a price-to-earnings-growth ratio of 0.37 and a beta of 0.94. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $98.25. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39. The stock has a 50 day simple moving average of $77.60 and a 200 day simple moving average of $83.39.

CF Industries (NYSE:CF - Get Free Report) last released its earnings results 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. The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.53 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company's revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.03 EPS. On average, research analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Thursday, May 15th. CF Industries's dividend payout ratio is currently 26.35%.

CF Industries announced that its board has initiated a stock buyback program on Wednesday, May 7th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the basic materials company to reacquire up to 14.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

CF has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price target on CF Industries from $96.00 to $98.00 and gave the company an "overweight" rating in a research note on Monday, May 12th. Scotiabank raised shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective on the stock in a research report on Wednesday, April 9th. The Goldman Sachs Group initiated coverage on shares of CF Industries in a report on Thursday, March 13th. They set a "neutral" rating and a $86.00 target price for the company. Morgan Stanley decreased their price target on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Friday, April 11th. Finally, Royal Bank of Canada cut their price objective on shares of CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, CF Industries presently has an average 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.

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