CNH Industrial N.V. (NYSE:CNH) Shares Purchased by Creekmur Asset Management LLC

Creekmur Asset Management LLC lifted its position in shares of CNH Industrial N.V. (NYSE:CNH - Free Report) by 70.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 115,454 shares of the company's stock after acquiring an additional 47,829 shares during the period. Creekmur Asset Management LLC's holdings in CNH Industrial were worth $1,418,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank Pictet & Cie Europe AG purchased a new position in CNH Industrial during the fourth quarter worth about $1,937,000. Victory Capital Management Inc. purchased a new stake in shares of CNH Industrial in the 4th quarter valued at $708,000. Proficio Capital Partners LLC purchased a new stake in CNH Industrial during the 4th quarter valued at $221,000. PNC Financial Services Group Inc. purchased a new stake in CNH Industrial during the 4th quarter valued at $365,000. Finally, HighTower Advisors LLC purchased a new stake in shares of CNH Industrial in the 4th quarter worth about $2,484,000. Institutional investors own 59.88% of the company's stock.

Insider Buying and Selling at CNH Industrial

In other CNH Industrial news, insider Kelly Manley sold 3,575 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $45,402.50. Following the sale, the insider directly owned 161,473 shares in the company, valued at $2,050,707.10. This represents a 2.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Jay Schroeder sold 2,154 shares of the stock in a transaction on Friday, May 9th. The shares were sold at an average price of $12.70, for a total transaction of $27,355.80. Following the completion of the transaction, the chief technology officer directly owned 32,762 shares in the company, valued at $416,077.40. This trade 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. Company insiders own 0.23% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CNH shares. Evercore ISI increased their target price on shares of CNH Industrial from $13.00 to $15.00 and gave the stock an "in-line" rating in a report on Monday, May 19th. UBS Group boosted their price objective on shares of CNH Industrial from $13.00 to $16.00 and gave the company a "buy" rating in a report on Friday, May 9th. Citigroup upped their target price on shares of CNH Industrial from $14.00 to $16.00 and gave the stock a "buy" rating in a research note on Friday, May 30th. Morgan Stanley dropped their price target on shares of CNH Industrial from $16.50 to $15.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Finally, Northland Capmk raised CNH Industrial from a "hold" rating to a "strong-buy" rating in a report on Friday, April 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $14.88.

CNH Industrial Stock Performance

Shares of NYSE:CNH traded down $0.29 during trading on Monday, hitting $12.67. 10,600,039 shares of the company were exchanged, compared to its average volume of 15,213,904. The company has a market cap of $15.83 billion, a PE ratio of 15.45 and a beta of 1.50. The company has a debt-to-equity ratio of 3.29, a current ratio of 13.41 and a quick ratio of 11.18. CNH Industrial N.V. has a 52-week low of $9.28 and a 52-week high of $14.27. The stock has a 50 day moving average of $13.04 and a 200 day moving average of $12.49.

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