1834 Investment Advisors Co. Has $7.47 Million Stock Position in 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. boosted its position in CNH Industrial N.V. (NYSE:CNH - Free Report) by 19.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 608,578 shares of the company's stock after acquiring an additional 100,778 shares during the quarter. CNH Industrial accounts for 1.0% of 1834 Investment Advisors Co.'s holdings, making the stock its 28th largest holding. 1834 Investment Advisors Co.'s holdings in CNH Industrial were worth $7,473,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Colonial Trust Co SC bought a new position in shares of CNH Industrial in the fourth quarter worth approximately $25,000. Anchor Investment Management LLC purchased a new position in shares of CNH Industrial during the 4th quarter valued at approximately $26,000. Global X Japan Co. Ltd. acquired a new position in shares of CNH Industrial during the 1st quarter valued at about $29,000. TD Waterhouse Canada Inc. acquired a new stake in shares of CNH Industrial during the fourth quarter worth about $29,000. Finally, LGT Financial Advisors LLC purchased a new position in CNH Industrial in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 59.88% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on CNH. UBS Group lifted their price objective on CNH Industrial from $13.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Wall Street Zen initiated coverage on CNH Industrial in a report on Wednesday, April 30th. They issued a "sell" rating for the company. The Goldman Sachs Group lowered CNH Industrial from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $12.50 to $11.50 in a report on Wednesday, July 16th. Morgan Stanley reduced their price objective on 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, Citigroup lifted their target price on CNH Industrial from $14.00 to $16.00 and gave the company a "buy" rating in a research note on Friday, May 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, CNH Industrial has an average rating of "Moderate Buy" and an average price target of $15.21.

CNH Industrial Stock Up 0.3%

Shares of NYSE:CNH traded up $0.04 during trading on Monday, hitting $12.47. 3,097,851 shares of the company were exchanged, compared to its average volume of 18,267,010. The stock has a market capitalization of $15.59 billion, a P/E ratio of 19.18 and a beta of 1.54. The company has a debt-to-equity ratio of 3.52, a current ratio of 12.33 and a quick ratio of 10.34. CNH Industrial N.V. has a 12-month low of $9.40 and a 12-month high of $14.27. The firm's 50 day moving average price is $12.95 and its 200-day moving average price is $12.62.

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

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.