Crossmark Global Holdings Inc. Sells 438 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Crossmark Global Holdings Inc. decreased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,313 shares of the basic materials company’s stock after selling 438 shares during the period. Crossmark Global Holdings Inc.’s holdings in CF Industries were worth $799,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wolff Wiese Magana LLC bought a new position in CF Industries during the 3rd quarter worth about $28,000. Quent Capital LLC raised its position in CF Industries by 132.1% in the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after buying an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC boosted its position in CF Industries by 262.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after acquiring an additional 478 shares during the last quarter. UMB Bank n.a. grew its stake in shares of CF Industries by 40.4% during the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after acquiring an additional 191 shares in the last quarter. Finally, Kimelman & Baird LLC acquired a new stake in shares of CF Industries in the second quarter valued at approximately $50,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on CF shares. Mizuho lifted their price target on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Wells Fargo & Company upped their target price on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Tuesday, September 24th. UBS Group raised their price target on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. Scotiabank upped their price objective on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research note on Monday, August 12th. Finally, Royal Bank of Canada raised their target price on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $88.42.

Insider Transactions at CF Industries

In other news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.02, for a total transaction of $648,234.02. Following the transaction, the vice president now directly owns 29,211 shares of the company’s stock, valued at approximately $2,629,574.22. This trade represents a 19.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at approximately $5,964,120. This trade represents a 2.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.42% of the company’s stock.

CF Industries Price Performance

Shares of CF opened at $85.74 on Friday. The firm has a market capitalization of $14.92 billion, a PE ratio of 13.57, a PEG ratio of 2.22 and a beta of 0.97. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The company’s 50-day moving average is $83.97 and its 200-day moving average is $78.80. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $90.86.

CF Industries (NYSE:CF) last issued its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The business’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.85 earnings per share. Equities analysts forecast that CF Industries Holdings, Inc. will post 6.32 EPS for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.33%. The ex-dividend date is Friday, November 15th. CF Industries’s payout ratio is 31.65%.

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.