Cerity Partners LLC Grows Holdings in CNH Industrial N.V. (NYSE:CNH)

Cerity Partners LLC grew its holdings in CNH Industrial N.V. (NYSE:CNH - Free Report) by 41.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 313,905 shares of the company's stock after buying an additional 92,390 shares during the quarter. Cerity Partners LLC's holdings in CNH Industrial were worth $3,855,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Mission Wealth Management LP increased its holdings in CNH Industrial by 3.0% during the first quarter. Mission Wealth Management LP now owns 36,842 shares of the company's stock worth $452,000 after buying an additional 1,056 shares during the last quarter. Fifth Third Bancorp boosted its position in CNH Industrial by 29.3% during the first quarter. Fifth Third Bancorp now owns 6,241 shares of the company's stock worth $77,000 after purchasing an additional 1,416 shares during the period. Brown Advisory Inc. boosted its position in CNH Industrial by 15.3% during the first quarter. Brown Advisory Inc. now owns 15,501 shares of the company's stock worth $190,000 after purchasing an additional 2,061 shares during the period. Balefire LLC boosted its position in CNH Industrial by 10.9% during the first quarter. Balefire LLC now owns 22,134 shares of the company's stock worth $272,000 after purchasing an additional 2,182 shares during the period. Finally, Colonial Trust Co SC bought a new position in CNH Industrial during the fourth quarter worth $25,000. Institutional investors and hedge funds own 59.88% of the company's stock.

CNH Industrial Price Performance

CNH stock traded down $0.29 during midday trading on Monday, hitting $12.67. 10,600,039 shares of the stock were exchanged, compared to its average volume of 15,213,904. The stock's 50-day moving average price is $13.04 and its 200-day moving average price is $12.49. The stock has a market cap of $15.83 billion, a price-to-earnings ratio of 15.45 and a beta of 1.50. CNH Industrial N.V. has a fifty-two week low of $9.28 and a fifty-two week high of $14.27. The company has a debt-to-equity ratio of 3.29, a quick ratio of 11.18 and a current ratio of 13.41.

CNH Industrial (NYSE:CNH - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $4.47 billion. CNH Industrial had a return on equity of 14.32% and a net margin of 5.53%. The company's quarterly revenue was down 20.5% on a year-over-year basis. Research analysts predict that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Citigroup lifted their price objective on shares of CNH Industrial from $14.00 to $16.00 and gave the stock a "buy" rating in a research report on Friday, May 30th. Truist Financial reduced their price objective on shares of CNH Industrial from $17.00 to $16.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. UBS Group boosted their target price on shares of CNH Industrial from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 9th. The Goldman Sachs Group cut shares of CNH Industrial from a "buy" rating to a "neutral" rating and reduced their target price for the company from $12.50 to $11.50 in a research report on Wednesday, July 16th. Finally, Northland Capmk raised shares of CNH Industrial from a "hold" rating to a "strong-buy" rating in a research report 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 given a strong buy rating to the stock. According to data from MarketBeat.com, CNH Industrial has a consensus rating of "Moderate Buy" and a consensus price target of $14.88.

Insider Transactions at CNH Industrial

In other news, insider Kelly Manley sold 3,575 shares of the stock in a transaction 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 owned 161,473 shares in the company, valued at $2,050,707.10. This represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Jay Schroeder sold 2,154 shares of the stock in a transaction on Friday, May 9th. The stock was sold at an average price of $12.70, for a total value of $27,355.80. Following the sale, the chief technology officer owned 32,762 shares of the company's stock, valued at approximately $416,077.40. This represents a 6.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 40,246 shares of company stock valued at $511,732. 0.23% of the stock is currently 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.