Marathon Asset Management Ltd Has $168.83 Million Stock Position in CNH Industrial N.V. (NYSE:CNH)

Marathon Asset Management Ltd lowered its stake in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 3.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,748,264 shares of the company's stock after selling 465,531 shares during the quarter. CNH Industrial accounts for 5.2% of Marathon Asset Management Ltd's investment portfolio, making the stock its 2nd largest holding. Marathon Asset Management Ltd owned 1.10% of CNH Industrial worth $168,829,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Colonial Trust Co SC purchased a new stake in shares of CNH Industrial in the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC bought a new position in shares of CNH Industrial during the 4th quarter worth approximately $25,000. Anchor Investment Management LLC bought a new position in shares of CNH Industrial during the 4th quarter worth approximately $26,000. Global X Japan Co. Ltd. purchased a new position in shares of CNH Industrial in the 1st quarter worth approximately $29,000. Finally, Farther Finance Advisors LLC bought a new position in shares of CNH Industrial in the fourth quarter valued at approximately $27,000. 59.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CNH. Morgan Stanley decreased their price objective on shares of CNH Industrial from $16.50 to $15.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Baird R W lowered CNH Industrial from a "strong-buy" rating to a "hold" rating in a report on Monday, March 3rd. Truist Financial decreased their price target on shares of CNH Industrial from $17.00 to $16.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Oppenheimer lowered their target price on shares of CNH Industrial from $16.00 to $15.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. Finally, Northland Capmk upgraded CNH Industrial from a "hold" rating to a "strong-buy" rating in a report on Friday, April 11th. One equities 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.08.

Insider Activity at CNH Industrial

In other news, Director Suzanne Heywood sold 11,053 shares of the firm's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $12.70, for a total value of $140,373.10. Following the completion of the sale, the director directly owned 566,905 shares of the company's stock, valued at approximately $7,199,693.50. This trade represents a 1.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CTO Jay Schroeder sold 2,154 shares of the business's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $27,355.80. Following the transaction, the chief technology officer owned 32,762 shares in the company, valued at $416,077.40. This represents a 6.17% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 40,246 shares of company stock valued at $511,732 in the last 90 days. 0.23% of the stock is owned by company insiders.

CNH Industrial Trading Up 3.1%

Shares of NYSE:CNH traded up $0.40 during midday trading on Tuesday, hitting $13.36. 53,478,304 shares of the stock traded hands, compared to its average volume of 14,414,678. 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 stock has a market capitalization of $16.69 billion, a PE ratio of 16.29 and a beta of 1.52. CNH Industrial N.V. has a one year low of $9.28 and a one year high of $13.87. The business's 50 day moving average is $12.65 and its two-hundred day moving average is $12.30.

CNH Industrial (NYSE:CNH - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 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 $3.83 billion during the quarter, compared to analysts' expectations of $4.47 billion. The business's revenue for the quarter was down 20.5% on a year-over-year basis. As a group, research analysts forecast that CNH Industrial N.V. will post 0.7 earnings per share for the current year.

CNH Industrial 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.