96,415 Shares in CNH GLOBAL N V Foreign (NYSE:CNH) Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC acquired a new stake in CNH GLOBAL N V Foreign (NYSE:CNH - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 96,415 shares of the company's stock, valued at approximately $1,085,000.

Other institutional investors also recently made changes to their positions in the company. Park Avenue Securities LLC bought a new stake in shares of CNH GLOBAL N V Foreign during the 4th quarter valued at about $180,000. Merit Financial Group LLC bought a new stake in CNH GLOBAL N V Foreign during the 4th quarter valued at approximately $217,000. HB Wealth Management LLC purchased a new position in shares of CNH GLOBAL N V Foreign during the 4th quarter worth approximately $221,000. Ballentine Partners LLC bought a new position in shares of CNH GLOBAL N V Foreign in the 4th quarter worth approximately $347,000. Finally, Crossmark Global Holdings Inc. bought a new position in shares of CNH GLOBAL N V Foreign in the 4th quarter worth approximately $759,000. Hedge funds and other institutional investors own 59.88% of the company's stock.

Insider Activity at CNH GLOBAL N V Foreign

In other news, Director Suzanne Heywood sold 24,213 shares of CNH GLOBAL N V Foreign stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $11.64, for a total value of $281,839.32. Following the completion of the sale, the director now directly owns 551,858 shares of the company's stock, valued at approximately $6,423,627.12. The trade was a 4.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Stefano Pampalone sold 12,935 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $11.64, for a total transaction of $150,563.40. Following the sale, the insider now owns 417,384 shares in the company, valued at $4,858,349.76. This trade represents a 3.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 432,866 shares of company stock valued at $5,081,828. 1.00% of the stock is owned by insiders.

CNH GLOBAL N V Foreign Stock Performance

Shares of CNH GLOBAL N V Foreign stock traded down $0.20 during midday trading on Thursday, hitting $12.66. The company had a trading volume of 21,821,437 shares, compared to its average volume of 13,282,918. The company has a fifty day simple moving average of $12.13 and a 200 day simple moving average of $12.14. The stock has a market cap of $15.81 billion, a price-to-earnings ratio of 12.29 and a beta of 1.50. The company has a quick ratio of 10.83, a current ratio of 13.21 and a debt-to-equity ratio of 3.54. CNH GLOBAL N V Foreign has a 12-month low of $9.28 and a 12-month high of $13.87.

CNH GLOBAL N V Foreign (NYSE:CNH - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. CNH GLOBAL N V Foreign had a return on equity of 18.00% and a net margin of 6.62%. The firm had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $4.47 billion. CNH GLOBAL N V Foreign's revenue was down 20.5% on a year-over-year basis. As a group, analysts predict that CNH GLOBAL N V Foreign will post 0.7 earnings per share for the current fiscal year.

CNH GLOBAL N V Foreign Cuts Dividend

The company also recently declared an annual dividend, which will be paid on Friday, May 30th. Investors of record on Wednesday, May 21st will be given a dividend of $0.25 per share. This represents a dividend yield of 3.8%. The ex-dividend date is Wednesday, May 21st. CNH GLOBAL N V Foreign's payout ratio is 57.32%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CNH. Northland Securities upgraded shares of CNH GLOBAL N V Foreign from a "market perform" rating to an "outperform" rating and set a $18.00 target price for the company in a report on Friday, April 11th. Northland Capmk upgraded CNH GLOBAL N V Foreign from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th. Truist Financial cut their target price on CNH GLOBAL N V Foreign from $17.00 to $16.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Wall Street Zen initiated coverage on CNH GLOBAL N V Foreign in a research report on Wednesday, April 30th. They issued a "sell" rating for the company. Finally, UBS Group increased their price objective on shares of CNH GLOBAL N V Foreign from $13.00 to $16.00 and gave the company a "buy" rating in a research report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.92.

CNH GLOBAL N V Foreign 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.