MQS Management LLC Invests $295,000 in CNH Industrial N.V. (NYSE:CNH)

MQS Management LLC bought a new position in CNH Industrial N.V. (NYSE:CNH - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 24,011 shares of the company's stock, valued at approximately $295,000.

Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new stake in shares of CNH Industrial in the 4th quarter worth about $25,000. Colonial Trust Co SC purchased a new stake in shares of CNH Industrial during the fourth quarter valued at $25,000. Anchor Investment Management LLC purchased a new stake in shares of CNH Industrial during the fourth quarter valued at $26,000. Farther Finance Advisors LLC purchased a new stake in shares of CNH Industrial during the fourth quarter valued at $27,000. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of CNH Industrial during the fourth quarter valued at $29,000. Institutional investors own 59.88% of the company's stock.

Insider Activity at CNH Industrial

In related news, CTO Jay Schroeder sold 2,154 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 value of $27,355.80. Following the completion of the transaction, the chief technology officer directly owned 32,762 shares of the company's stock, valued at $416,077.40. This trade represents a 6.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Suzanne Heywood sold 11,053 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 $140,373.10. Following the completion of the transaction, the director directly owned 566,905 shares of the company's stock, valued at $7,199,693.50. The trade was a 1.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 40,246 shares of company stock valued at $511,732. Company insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Evercore ISI boosted their target price on shares of CNH Industrial from $13.00 to $15.00 and gave the company an "in-line" rating in a research note on Monday, May 19th. Morgan Stanley lowered their target price on shares of CNH Industrial from $16.50 to $15.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Northland Securities raised shares of CNH Industrial from a "market perform" rating to an "outperform" rating and set a $18.00 target price for the company in a research note on Friday, April 11th. 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 note on Friday, May 9th. Finally, Oppenheimer boosted their target price on shares of CNH Industrial from $15.00 to $16.00 and gave the company an "outperform" rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, CNH Industrial presently has a consensus rating of "Moderate Buy" and a consensus price target of $14.88.

CNH Industrial Stock Down 0.4%

Shares of CNH stock traded down $0.06 during mid-day trading on Friday, hitting $12.92. 7,109,022 shares of the stock traded hands, compared to its average volume of 18,686,510. The stock has a market cap of $16.14 billion, a P/E ratio of 15.76 and a beta of 1.50. The stock's fifty day moving average is $13.04 and its two-hundred day moving average is $12.47. CNH Industrial N.V. has a 52-week low of $9.28 and a 52-week high of $14.27. 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 (NYSE:CNH - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $4.47 billion. CNH Industrial had a net margin of 5.53% and a return on equity of 14.32%. The firm's revenue was down 20.5% on a year-over-year basis. Equities analysts predict that CNH Industrial N.V. will post 0.7 EPS 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.