26,209 Shares in CNH Industrial N.V. (NYSE:CNH) Acquired by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group purchased a new position in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 26,209 shares of the company's stock, valued at approximately $322,000.

Several other institutional investors and hedge funds have also bought and sold shares of CNH. EverSource Wealth Advisors LLC bought a new position in CNH Industrial during the 4th quarter worth approximately $25,000. Colonial Trust Co SC bought a new position in CNH Industrial during the 4th quarter worth approximately $25,000. Anchor Investment Management LLC bought a new position in CNH Industrial during the 4th quarter worth approximately $26,000. Farther Finance Advisors LLC bought a new position in CNH Industrial during the 4th quarter worth approximately $27,000. Finally, TD Waterhouse Canada Inc. bought a new position in CNH Industrial during the 4th quarter worth approximately $29,000. 59.88% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CNH has been the topic of several recent research reports. Northland Capmk upgraded CNH Industrial from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 11th. Northland Securities upgraded CNH Industrial from a "market perform" rating to an "outperform" rating and set a $18.00 price objective on the stock in a research report on Friday, April 11th. Oppenheimer cut their price objective on CNH Industrial from $16.00 to $15.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. Evercore ISI lifted their price objective on CNH Industrial from $13.00 to $15.00 and gave the stock an "in-line" rating in a research report on Monday, May 19th. Finally, 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $15.08.

Insider Buying and Selling

In other CNH Industrial news, insider Kelly Manley sold 3,575 shares of CNH Industrial stock in a transaction on Friday, May 9th. The stock was sold at an average price of $12.70, for a total transaction of $45,402.50. Following the completion of the transaction, the insider owned 161,473 shares in the company, valued at approximately $2,050,707.10. The trade was a 2.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Jay Schroeder sold 2,154 shares of CNH Industrial stock in a transaction on Friday, May 9th. The shares were sold at an average price of $12.70, for a total value of $27,355.80. Following the transaction, the chief technology officer owned 32,762 shares of the company's stock, valued at $416,077.40. The trade was a 6.17% 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 over the last three months. 1.00% of the stock is owned by corporate insiders.

CNH Industrial Trading Down 2.4%

CNH opened at $13.47 on Friday. The stock has a market cap of $16.83 billion, a PE ratio of 16.43 and a beta of 1.50. The company has a quick ratio of 11.18, a current ratio of 13.41 and a debt-to-equity ratio of 3.29. The business has a 50 day moving average of $12.99 and a 200-day moving average of $12.41. CNH Industrial N.V. has a 52 week low of $9.28 and a 52 week high of $14.27.

CNH Industrial (NYSE:CNH - Get Free Report) last released 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. The company had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $4.47 billion. CNH Industrial had a return on equity of 14.32% and a net margin of 5.53%. The company's revenue was down 20.5% on a year-over-year basis. Equities 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.

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