Crossmark Global Holdings Inc. Sells 397 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Crossmark Global Holdings Inc. lowered its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,916 shares of the basic materials company’s stock after selling 397 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in CF Industries were worth $760,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. FMR LLC lifted its position in shares of CF Industries by 3.8% during the 3rd quarter. FMR LLC now owns 8,286,745 shares of the basic materials company’s stock valued at $711,003,000 after acquiring an additional 300,050 shares during the period. Charles Schwab Investment Management Inc. increased its stake in CF Industries by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,567,230 shares of the basic materials company’s stock valued at $477,668,000 after purchasing an additional 22,392 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of CF Industries by 15.1% during the third quarter. Victory Capital Management Inc. now owns 4,188,648 shares of the basic materials company’s stock valued at $359,386,000 after purchasing an additional 549,569 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of CF Industries by 10.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock valued at $111,582,000 after buying an additional 120,193 shares during the period. Finally, AustralianSuper Pty Ltd increased its position in CF Industries by 2.4% in the 3rd quarter. AustralianSuper Pty Ltd now owns 1,093,885 shares of the basic materials company’s stock valued at $93,855,000 after buying an additional 25,701 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of several recent research reports. Barclays lowered CF Industries from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $96.00 to $100.00 in a report on Tuesday, January 21st. 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 report on Wednesday, October 9th. Piper Sandler upgraded shares of CF Industries from an “underweight” rating to an “overweight” rating and upped their price objective for the stock from $79.00 to $105.00 in a report on Monday, January 13th. Redburn Atlantic initiated coverage on shares of CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 price objective for the company. Finally, JPMorgan Chase & Co. lowered shares of CF Industries from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $82.00 to $75.00 in a report on Friday. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $91.43.

CF Industries Stock Down 7.5 %

Shares of NYSE:CF opened at $88.07 on Friday. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25. The company has a market capitalization of $15.33 billion, a PE ratio of 13.93, a price-to-earnings-growth ratio of 0.71 and a beta of 0.98. The business has a fifty day moving average price of $89.19 and a two-hundred day moving average price of $83.70. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52.

CF Industries (NYSE:CF) last posted 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. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter last year, the company posted $0.85 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. Analysts forecast that CF Industries Holdings, Inc. will post 6.37 earnings per share for the current year.

Insider Buying and Selling at CF Industries

In related news, EVP Susan L. Menzel sold 3,500 shares of CF Industries stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $92.86, for a total value of $325,010.00. Following the completion of the transaction, the executive vice president now directly owns 62,768 shares in the company, valued at approximately $5,828,636.48. The trade was a 5.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now owns 103,155 shares in the company, valued at approximately $9,077,640. This represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,389 shares of company stock valued at $2,355,425. Company insiders own 0.42% of the company’s stock.

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.