DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Purchases New Shares in CNH GLOBAL N V Foreign (NYSE:CNH)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,000 shares of the company's stock, valued at approximately $306,000.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley decreased their price target on CNH GLOBAL N V Foreign from $16.50 to $15.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Evercore ISI boosted their price target on shares of CNH GLOBAL N V Foreign from $11.00 to $13.00 and gave the stock an "in-line" rating in a research note on Wednesday, February 19th. Citigroup raised their price objective on shares of 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. Northland Capmk upgraded shares of CNH GLOBAL N V Foreign from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 11th. Finally, Baird R W lowered CNH GLOBAL N V Foreign from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 3rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, CNH GLOBAL N V Foreign presently has a consensus rating of "Moderate Buy" and an average target price of $14.75.

Insiders Place Their Bets

In other CNH GLOBAL N V Foreign news, insider Stefano Pampalone sold 12,935 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $11.64, for a total value of $150,563.40. Following the completion of the transaction, the insider now directly owns 417,384 shares in the company, valued at $4,858,349.76. This trade represents a 3.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Kelly Manley sold 3,575 shares of the company's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $12.70, for a total value of $45,402.50. Following the sale, the insider now owns 161,473 shares in the company, valued at approximately $2,050,707.10. This represents a 2.17% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 431,917 shares of company stock valued at $5,069,169 in the last quarter. 1.00% of the stock is currently owned by insiders.

CNH GLOBAL N V Foreign Stock Up 4.1%

Shares of CNH stock opened at $13.30 on Tuesday. CNH GLOBAL N V Foreign has a 12-month low of $9.28 and a 12-month high of $13.87. The company has a quick ratio of 10.83, a current ratio of 13.21 and a debt-to-equity ratio of 3.54. The firm has a fifty day moving average of $12.05 and a 200-day moving average of $11.96. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 12.91 and a beta of 1.50.

CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The firm had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $4.47 billion. CNH GLOBAL N V Foreign had a return on equity of 18.00% and a net margin of 6.62%. The business's revenue for the quarter was down 20.5% on a year-over-year basis. As a group, equities research 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 company also recently declared an annual dividend, which will be paid on Friday, May 30th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.25 per share. This represents a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, May 21st. CNH GLOBAL N V Foreign's dividend payout ratio (DPR) is currently 57.32%.

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.

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