Two Sigma Advisers LP Has $25.46 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Two Sigma Advisers LP boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 457.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 298,400 shares of the basic materials company's stock after acquiring an additional 244,900 shares during the period. Two Sigma Advisers LP owned approximately 0.17% of CF Industries worth $25,459,000 as of its most recent filing with the Securities and Exchange Commission.

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

CF Industries Stock Performance

Shares of NYSE:CF traded up $0.09 during trading on Friday, reaching $89.00. 1,254,414 shares of the stock were exchanged, compared to its average volume of 2,136,743. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $98.25. The firm has a market cap of $15.09 billion, a PE ratio of 13.15, a PEG ratio of 0.37 and a beta of 0.94. The stock has a 50-day moving average price of $78.55 and a 200-day moving average price of $83.50. The company has a current ratio of 3.08, a quick ratio of 2.52 and a debt-to-equity ratio of 0.39.

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

CF Industries Dividend Announcement

The business also recently declared 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 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Thursday, May 15th. CF Industries's dividend payout ratio (DPR) is currently 26.35%.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CF shares. JPMorgan Chase & Co. downgraded CF Industries from a "neutral" rating to an "underweight" rating and dropped their price target for the company from $82.00 to $75.00 in a research note on Friday, January 24th. The Goldman Sachs Group assumed coverage on CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 target price on the stock. BNP Paribas raised CF Industries to a "strong-buy" rating in a research report on Wednesday, April 9th. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price on the stock in a research report on Wednesday, April 9th. Finally, Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a research report on Monday, February 24th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $90.21.

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.