AE Wealth Management LLC Makes New Investment in CNH Industrial N.V. (NYSE:CNH)

AE Wealth Management LLC purchased a new stake in CNH Industrial N.V. (NYSE:CNH - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 19,921 shares of the company's stock, valued at approximately $245,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Colonial Trust Co SC bought a new stake in shares of CNH Industrial in the 4th quarter valued at about $25,000. Anchor Investment Management LLC bought a new stake in shares of CNH Industrial in the 4th quarter valued at about $26,000. Global X Japan Co. Ltd. bought a new stake in shares of CNH Industrial in the 1st quarter valued at about $29,000. TD Waterhouse Canada Inc. acquired a new position in shares of CNH Industrial in the 4th quarter valued at approximately $29,000. Finally, LGT Financial Advisors LLC acquired a new position in shares of CNH Industrial in the 4th quarter valued at approximately $32,000. 59.88% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other CNH Industrial news, Director Suzanne Heywood sold 11,053 shares of the firm's stock in a transaction on Friday, May 9th. The stock was sold at an average price of $12.70, for a total transaction of $140,373.10. Following the completion of the sale, the director owned 566,905 shares of the company's stock, valued at $7,199,693.50. This trade represents a 1.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kelly Manley sold 3,575 shares of the firm's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $12.70, for a total value of $45,402.50. Following the sale, the insider directly owned 161,473 shares of the company's stock, valued at $2,050,707.10. This represents a 2.17% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 40,246 shares of company stock worth $511,732. Company insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

CNH has been the subject of several research analyst reports. Evercore ISI boosted their price objective on CNH Industrial from $13.00 to $15.00 and gave the company an "in-line" rating in a research report on Monday, May 19th. Wall Street Zen initiated coverage on CNH Industrial in a research report on Wednesday, April 30th. They issued a "sell" rating for the company. Northland Capmk upgraded CNH Industrial from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 11th. Truist Financial decreased their price objective on CNH Industrial from $17.00 to $16.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, The Goldman Sachs Group lowered CNH Industrial from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $12.50 to $11.50 in a research report on Wednesday, July 16th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $14.88.

CNH Industrial Stock Down 3.9%

Shares of NYSE CNH traded down $0.50 during trading hours on Friday, hitting $12.46. The company had a trading volume of 20,346,175 shares, compared to its average volume of 20,205,650. The stock has a market capitalization of $15.57 billion, a P/E ratio of 15.20 and a beta of 1.54. The company has a quick ratio of 11.18, a current ratio of 13.41 and a debt-to-equity ratio of 3.29. CNH Industrial N.V. has a 1-year low of $9.28 and a 1-year high of $14.27. The firm's 50 day moving average is $12.97 and its 200-day moving average is $12.59.

CNH Industrial (NYSE:CNH - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. CNH Industrial had a return on equity of 14.32% and a net margin of 5.53%. The business had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.47 billion. During the same quarter last year, the firm posted $0.38 EPS. The company's quarterly revenue was down 14.2% on a year-over-year basis. On average, analysts expect that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

CNH Industrial 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.