Laurion Capital Management LP Purchases Shares of 4,070 CF Industries Holdings, Inc. (NYSE:CF)

Laurion Capital Management LP purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,070 shares of the basic materials company's stock, valued at approximately $347,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CF. Norges Bank acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $131,350,000. Ameriprise Financial Inc. increased its holdings in shares of CF Industries by 29.4% in the fourth quarter. Ameriprise Financial Inc. now owns 2,804,718 shares of the basic materials company's stock valued at $239,299,000 after purchasing an additional 637,784 shares during the last quarter. FMR LLC grew its position in CF Industries by 6.6% in 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. Powszechne Towarzystwo Emerytalne Allianz Polska S.A. purchased a new position in CF Industries in the fourth quarter worth approximately $37,247,000. Finally, Skandinaviska Enskilda Banken AB publ grew its position in CF Industries by 459.4% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company's stock worth $36,583,000 after acquiring an additional 357,531 shares during the period. Institutional investors and hedge funds own 93.06% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CF shares. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. lowered CF Industries from a "neutral" rating to an "underweight" rating and lowered their price objective for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. UBS Group increased their price objective on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. Wells Fargo & Company increased their price objective on CF Industries from $96.00 to $98.00 and gave the stock an "overweight" rating in a research report on Monday, May 12th. Finally, Bank of America upgraded CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective for the company in a research report on Monday, February 24th. 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. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $90.21.

CF Industries Trading Up 1.8%

Shares of CF traded up $1.56 during midday trading on Friday, hitting $87.79. 1,768,129 shares of the stock were exchanged, compared to its average volume of 2,134,608. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. The stock has a fifty day simple moving average of $77.40 and a 200 day simple moving average of $83.36. The firm has a market cap of $14.88 billion, a P/E ratio of 12.97, a P/E/G 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 (NYSE:CF - Get Free Report) last released its earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share (EPS) 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 analyst estimates of $1.53 billion. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. CF Industries's revenue was up 13.1% compared to the same quarter last year. During the same period last year, the business posted $1.03 earnings per share. On average, research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be issued a $0.50 dividend. The ex-dividend date is Thursday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.28%. CF Industries's dividend payout ratio (DPR) is presently 26.35%.

CF Industries declared that its board has initiated a share buyback 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 repurchase 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.

CF Industries Company 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.