201,812 Shares in CNH GLOBAL N V Foreign (NYSE:CNH) Bought by Captrust Financial Advisors

Captrust Financial Advisors acquired a new stake in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 201,812 shares of the company's stock, valued at approximately $2,287,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new position in shares of CNH GLOBAL N V Foreign during the fourth quarter valued at about $25,000. Quent Capital LLC purchased a new position in shares of CNH GLOBAL N V Foreign during the 4th quarter worth approximately $26,000. Anchor Investment Management LLC bought a new position in shares of CNH GLOBAL N V Foreign in the 4th quarter worth approximately $26,000. Principal Securities Inc. purchased a new position in shares of CNH GLOBAL N V Foreign in the 4th quarter valued at approximately $27,000. Finally, Farther Finance Advisors LLC bought a new position in CNH GLOBAL N V Foreign in the fourth quarter worth $27,000. 59.88% of the stock is owned by institutional investors.

CNH GLOBAL N V Foreign Stock Performance

CNH stock traded up $0.30 during trading on Friday, reaching $13.70. The stock had a trading volume of 23,135,412 shares, compared to its average volume of 13,040,953. The firm has a market cap of $17.11 billion, a PE ratio of 13.30 and a beta of 1.50. The company has a current ratio of 13.21, a quick ratio of 10.83 and a debt-to-equity ratio of 3.54. The stock's 50 day moving average is $12.09 and its two-hundred day moving average is $12.02. CNH GLOBAL N V Foreign has a 52 week low of $9.28 and a 52 week 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 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. CNH GLOBAL N V Foreign had a net margin of 6.62% and a return on equity of 18.00%. The business had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $4.47 billion. The firm's quarterly revenue was down 20.5% on a year-over-year basis. As a group, equities analysts anticipate that CNH GLOBAL N V Foreign will post 0.7 earnings per share for the current 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 given a dividend of $0.25 per share. The ex-dividend date is Wednesday, May 21st. This represents a yield of 3.8%. CNH GLOBAL N V Foreign's dividend payout ratio (DPR) is presently 57.32%.

Insider Buying and Selling at CNH GLOBAL N V Foreign

In related news, CEO Gerrit A. Marx sold 320,472 shares of CNH GLOBAL N V Foreign stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $11.64, for a total transaction of $3,730,294.08. Following the transaction, the chief executive officer now owns 375,136 shares in the company, valued at approximately $4,366,583.04. The trade was a 46.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Suzanne Heywood sold 24,213 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $11.64, for a total value of $281,839.32. Following the completion of the transaction, the director now directly owns 551,858 shares of the company's stock, valued at approximately $6,423,627.12. This trade represents a 4.20% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 432,866 shares of company stock valued at $5,081,828. Company insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

CNH has been the subject of a number of analyst reports. Oppenheimer reduced their price objective on shares of CNH GLOBAL N V Foreign from $16.00 to $15.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. Citigroup boosted their price objective on shares of CNH GLOBAL N V Foreign from $12.00 to $14.00 and gave the stock a "buy" rating in a report on Monday, May 5th. UBS Group upped their price objective on CNH GLOBAL N V Foreign from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Northland Securities raised CNH GLOBAL N V Foreign from a "market perform" rating to an "outperform" rating and set a $18.00 target price for the company in a report on Friday, April 11th. Finally, Baird R W downgraded CNH GLOBAL N V Foreign from a "strong-buy" rating to a "hold" rating in a report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, CNH GLOBAL N V Foreign currently has an average rating of "Moderate Buy" and a consensus price target of $14.75.

CNH GLOBAL N V Foreign Profile

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.