Quantinno Capital Management LP Acquires Shares of 191,844 CNH GLOBAL N V Foreign (NYSE:CNH)

Quantinno Capital Management LP acquired a new stake in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 191,844 shares of the company's stock, valued at approximately $2,174,000.

Several other large investors have also recently bought and sold shares of the stock. Colonial Trust Co SC bought a new position in shares of CNH GLOBAL N V Foreign in the fourth quarter worth $25,000. EverSource Wealth Advisors LLC bought a new position in shares of CNH GLOBAL N V Foreign during the fourth quarter valued at $25,000. Quent Capital LLC acquired a new stake in shares of CNH GLOBAL N V Foreign in the fourth quarter valued at about $26,000. Anchor Investment Management LLC bought a new stake in CNH GLOBAL N V Foreign during the fourth quarter valued at $26,000. Finally, Farther Finance Advisors LLC bought a new stake in CNH GLOBAL N V Foreign in the fourth quarter worth approximately $27,000. 59.88% of the stock is owned by institutional investors.

CNH GLOBAL N V Foreign Trading Down 1.5%

NYSE CNH traded down $0.19 during trading on Monday, hitting $12.77. 17,826,470 shares of the company's stock traded hands, compared to its average volume of 13,154,979. The stock has a fifty day moving average of $12.13 and a two-hundred day moving average of $12.10. CNH GLOBAL N V Foreign has a 12-month low of $9.28 and a 12-month high of $13.87. The firm has a market cap of $15.96 billion, a P/E ratio of 12.40 and a beta of 1.50. The company has a debt-to-equity ratio of 3.54, a current ratio of 13.21 and a quick ratio of 10.83.

CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The company 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 firm's quarterly revenue was down 20.5% compared to the same quarter last year. As a group, sell-side analysts expect that CNH GLOBAL N V Foreign will post 0.7 EPS for the current year.

CNH GLOBAL N V Foreign Cuts Dividend

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on CNH shares. Robert W. Baird reiterated a "neutral" rating and set a $15.00 price objective (down from $16.00) on shares of CNH GLOBAL N V Foreign in a report on Monday, March 3rd. Northland Securities raised CNH GLOBAL N V Foreign from a "market perform" rating to an "outperform" rating and set a $18.00 price objective for the company in a report on Friday, April 11th. Baird R W lowered shares of CNH GLOBAL N V Foreign from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 3rd. Northland Capmk upgraded CNH GLOBAL N V Foreign from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. Finally, Wall Street Zen assumed coverage on CNH GLOBAL N V Foreign in a research report on Wednesday, April 30th. They set a "sell" rating on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.92.

Insider Activity at CNH GLOBAL N V Foreign

In other news, Director Suzanne Heywood sold 24,213 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $11.64, for a total transaction of $281,839.32. Following the completion of the sale, the director now directly owns 551,858 shares in the company, valued at approximately $6,423,627.12. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kelly Manley sold 3,575 shares of the 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 completion of the sale, the insider now owns 161,473 shares of the company's stock, valued at approximately $2,050,707.10. This trade represents a 2.17% decrease in their position. The disclosure for this sale can be found here. Insiders sold 432,866 shares of company stock worth $5,081,828 in the last three months. 1.00% of the stock is owned by insiders.

CNH GLOBAL N V Foreign Company 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.