1834 Investment Advisors Co. Buys 100,778 Shares of CNH Industrial N.V. (NYSE:CNH)

Key Points

• 1834 Investment Advisors Co. increased its stake in CNH Industrial N.V. by 19.8%, acquiring an additional 100,778 shares, bringing their total holdings to 608,578 shares valued at approximately $7.47 million.
• CNH Industrial's stock received mixed ratings from analysts, with Oppenheimer raising its price target to $16.00 while Goldman Sachs downgraded it to a neutral rating, reflecting differing outlooks on the company's performance.
• The company's last quarterly earnings report showed a slight increase in earnings per share to $0.17, despite a year-over-year revenue decline of 14.2% totaling $4.71 billion.

1834 Investment Advisors Co. increased its stake in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 19.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 608,578 shares of the company's stock after acquiring an additional 100,778 shares during the period. CNH Industrial comprises about 1.0% of 1834 Investment Advisors Co.'s portfolio, making the stock its 28th largest position. 1834 Investment Advisors Co.'s holdings in CNH Industrial were worth $7,473,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CNH. Bank Pictet & Cie Europe AG bought a new stake in shares of CNH Industrial in the fourth quarter valued at about $1,937,000. LPL Financial LLC acquired a new position in CNH Industrial during the 4th quarter worth approximately $4,431,000. Prudential Financial Inc. acquired a new stake in shares of CNH Industrial in the 4th quarter valued at approximately $418,000. Orion Portfolio Solutions LLC bought a new position in shares of CNH Industrial in the fourth quarter valued at $338,000. Finally, Schroder Investment Management Group bought a new stake in shares of CNH Industrial in the 4th quarter valued at about $406,000. 59.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CNH shares. Oppenheimer raised their price objective on shares of CNH Industrial from $15.00 to $16.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 15th. Evercore ISI boosted their price objective on shares of CNH Industrial from $13.00 to $15.00 and gave the company an "in-line" rating in a report on Monday, May 19th. The Goldman Sachs Group cut shares of CNH Industrial from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $12.50 to $11.50 in a report on Wednesday, July 16th. Morgan Stanley dropped their price target on shares of CNH Industrial from $16.50 to $15.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Finally, Northland Capmk upgraded CNH Industrial from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $14.88.

CNH Industrial Stock Performance

CNH Industrial stock opened at $12.42 on Thursday. CNH Industrial N.V. has a 1 year low of $9.40 and a 1 year high of $14.27. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 388.36. The company has a market capitalization of $15.53 billion, a P/E ratio of 19.10 and a beta of 1.54. The business has a 50 day moving average of $12.95 and a 200-day moving average of $12.62.

CNH Industrial (NYSE:CNH - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The business had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.47 billion. CNH Industrial had a return on equity of 10.79% and a net margin of 4.55%. CNH Industrial's quarterly revenue was down 14.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.38 earnings per share. On average, equities research analysts predict that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

Insider Activity

In other news, CFO Oddone Incisa sold 22,515 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $285,940.50. Following the completion of the sale, the chief financial officer owned 856,574 shares of the company's stock, valued at $10,878,489.80. This trade represents a 2.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Suzanne Heywood sold 11,053 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $140,373.10. Following the transaction, the director owned 566,905 shares in the company, valued at $7,199,693.50. The trade was a 1.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,246 shares of company stock worth $511,732 in the last 90 days. 1.00% of the stock is owned by company insiders.

About CNH Industrial

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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