181,342 Shares in CNH GLOBAL N V Foreign (NYSE:CNH) Acquired by Stifel Financial Corp

Stifel Financial Corp acquired a new stake in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 181,342 shares of the company's stock, valued at approximately $2,055,000.

Other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new position in shares of CNH GLOBAL N V Foreign in the fourth quarter valued at $25,000. Quent Capital LLC bought a new position in shares of CNH GLOBAL N V Foreign in the 4th quarter valued at about $26,000. Anchor Investment Management LLC acquired a new position in shares of CNH GLOBAL N V Foreign during the 4th quarter worth about $26,000. Farther Finance Advisors LLC bought a new stake in shares of CNH GLOBAL N V Foreign in the 4th quarter valued at about $27,000. Finally, Principal Securities Inc. bought a new stake in shares of CNH GLOBAL N V Foreign in the 4th quarter valued at about $27,000. Institutional investors own 59.88% of the company's stock.

Analyst Ratings Changes

CNH has been the topic of a number of recent analyst reports. Baird R W downgraded CNH GLOBAL N V Foreign from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 3rd. StockNews.com assumed coverage on shares of CNH GLOBAL N V Foreign in a research report on Wednesday, April 30th. They issued a "sell" rating for the company. Truist Financial decreased their price objective on shares of CNH GLOBAL N V Foreign from $17.00 to $16.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Robert W. Baird reissued a "neutral" rating and set a $15.00 price target (down previously from $16.00) on shares of CNH GLOBAL N V Foreign in a report on Monday, March 3rd. Finally, Citigroup raised their price objective on CNH GLOBAL N V Foreign from $12.00 to $14.00 and gave the company a "buy" rating in a research note on Monday, May 5th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, CNH GLOBAL N V Foreign currently has an average rating of "Moderate Buy" and an average price target of $14.75.

CNH GLOBAL N V Foreign Trading Up 1.3 %

NYSE CNH traded up $0.16 on Friday, hitting $12.77. The company's stock had a trading volume of 12,000,123 shares, compared to its average volume of 12,890,643. The firm has a market cap of $15.96 billion, a PE ratio of 12.40 and a beta of 1.50. The company's 50-day moving average is $12.05 and its 200 day moving average is $11.96. The company has a quick ratio of 10.83, a current ratio of 13.21 and a debt-to-equity ratio of 3.54. CNH GLOBAL N V Foreign has a 1-year low of $9.28 and a 1-year high of $13.87.

CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. CNH GLOBAL N V Foreign had a return on equity of 18.00% and a net margin of 6.62%. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $4.47 billion. CNH GLOBAL N V Foreign's quarterly revenue was down 20.5% on a year-over-year basis. As a group, analysts predict that CNH GLOBAL N V Foreign will post 0.7 earnings per share for the current fiscal year.

CNH GLOBAL N V Foreign Cuts Dividend

The business also recently announced an annual dividend, which will be paid on Friday, May 30th. Investors of record on Wednesday, May 21st will be issued a $0.25 dividend. This represents a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, May 21st. CNH GLOBAL N V Foreign's payout ratio is presently 57.32%.

Insider Buying and Selling at CNH GLOBAL N V Foreign

In other news, CFO Oddone Incisa sold 32,910 shares of CNH GLOBAL N V Foreign stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $11.64, for a total value of $383,072.40. Following the completion of the transaction, the chief financial officer now directly owns 821,156 shares of the company's stock, valued at approximately $9,558,255.84. This trade represents a 3.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Stefano Pampalone sold 12,935 shares of the company's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $11.64, for a total value of $150,563.40. Following the sale, the insider now owns 417,384 shares in the company, valued at approximately $4,858,349.76. The trade was a 3.01 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 392,620 shares of company stock valued at $4,570,097. 1.00% of the stock is currently owned by company insiders.

About CNH GLOBAL N V Foreign

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.