Crossmark Global Holdings Inc. Sells 316 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Crossmark Global Holdings Inc. lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 3.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,600 shares of the basic materials company’s stock after selling 316 shares during the period. Crossmark Global Holdings Inc.’s holdings in CF Industries were worth $672,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. FMR LLC raised its stake in shares of CF Industries by 6.6% in the fourth quarter. FMR LLC now owns 8,830,621 shares of the basic materials company’s stock valued at $753,429,000 after acquiring an additional 543,876 shares during the last quarter. First Trust Advisors LP raised its stake in shares of CF Industries by 3.5% in the fourth quarter. First Trust Advisors LP now owns 4,425,518 shares of the basic materials company’s stock valued at $377,585,000 after acquiring an additional 150,461 shares during the last quarter. Boston Partners raised its stake in shares of CF Industries by 7.0% in the fourth quarter. Boston Partners now owns 3,316,616 shares of the basic materials company’s stock valued at $283,044,000 after acquiring an additional 216,395 shares during the last quarter. Ameriprise Financial Inc. raised its stake 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 acquiring an additional 637,784 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of CF Industries by 72.8% in the first quarter. Bank of New York Mellon Corp now owns 2,278,354 shares of the basic materials company’s stock valued at $178,053,000 after purchasing an additional 959,901 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Activity

In other news, EVP Susan L. Menzel sold 10,000 shares of the business’s stock in a transaction on Friday, June 20th. The shares were sold at an average price of $100.23, for a total value of $1,002,300.00. Following the completion of the transaction, the executive vice president owned 87,923 shares of the company’s stock, valued at $8,812,522.29. The trade was a 10.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Barclays raised their price target on shares of CF Industries from $91.00 to $95.00 and gave the company an “equal weight” rating in a report on Monday, July 7th. Wolfe Research lowered shares of CF Industries from an “outperform” rating to a “peer perform” rating in a report on Thursday, June 12th. Wells Fargo & Company set a $105.00 price target on shares of CF Industries and gave the company an “overweight” rating in a report on Wednesday, June 25th. BNP Paribas raised shares of CF Industries to a “strong-buy” rating in a report on Wednesday, April 9th. Finally, Oppenheimer lowered shares of CF Industries from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $92.07.

CF Industries Price Performance

CF opened at $98.20 on Friday. The company has a fifty day moving average price of $91.78 and a two-hundred day moving average price of $85.18. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.22 and a current ratio of 2.59. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $104.45. The firm has a market capitalization of $16.65 billion, a PE ratio of 12.94 and a beta of 0.96.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, May 7th. The basic materials company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.38. CF Industries had a net margin of 21.80% and a return on equity of 17.39%. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the previous year, the business earned $1.03 EPS. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. As a group, analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 7th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the basic materials company to buy up to 14.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its shares are undervalued.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend is Friday, August 15th. CF Industries’s dividend payout ratio (DPR) is 26.35%.

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.