CNH Industrial N.V. (NYSE:CNH) Shares Bought by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC raised its holdings in CNH Industrial N.V. by 81.7%, acquiring 671,540 additional shares during Q1, bringing their total ownership to 1,493,440 shares valued at approximately $18.34 million.
• Several institutional investors increased their stakes in CNH Industrial during the first quarter, with Fifth Third Bancorp growing its holdings by 29.3%.
• CNH Industrial's recent earnings report showed a slight earnings per share beat at $0.17, but a revenue decline of 14.2% compared to the same quarter last year.

Natixis Advisors LLC raised its holdings in CNH Industrial N.V. (NYSE:CNH - Free Report) by 81.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,493,440 shares of the company's stock after buying an additional 671,540 shares during the period. Natixis Advisors LLC owned approximately 0.12% of CNH Industrial worth $18,339,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Mission Wealth Management LP increased its holdings in CNH Industrial by 3.0% in the first quarter. Mission Wealth Management LP now owns 36,842 shares of the company's stock valued at $452,000 after buying an additional 1,056 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of CNH Industrial by 3.6% during the first quarter. Avantax Advisory Services Inc. now owns 37,241 shares of the company's stock worth $457,000 after purchasing an additional 1,280 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of 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 last quarter. Brown Advisory Inc. grew its holdings in shares of 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 last quarter. Finally, Balefire LLC grew its holdings in shares of 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 last quarter. Hedge funds and other institutional investors own 59.88% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Wall Street Zen assumed coverage on CNH Industrial in a report on Wednesday, April 30th. They set a "sell" rating on the stock. Northland Securities raised CNH Industrial from a "market perform" rating to an "outperform" rating and set a $18.00 price objective on the stock in a report on Friday, April 11th. 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 research note on Monday, May 19th. Citigroup increased 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. Finally, The Goldman Sachs Group downgraded shares of CNH Industrial from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $12.50 to $11.50 in a research note on Wednesday, July 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $14.88.

CNH Industrial Stock Performance

NYSE:CNH traded up $0.09 during mid-day trading on Monday, reaching $12.56. The stock had a trading volume of 9,949,779 shares, compared to its average volume of 18,600,852. The business has a 50 day simple moving average of $12.97 and a 200 day simple moving average of $12.61. CNH Industrial N.V. has a twelve month low of $9.28 and a twelve month high of $14.27. The company has a debt-to-equity ratio of 3.52, a quick ratio of 388.36 and a current ratio of 463.96. The firm has a market capitalization of $15.69 billion, a price-to-earnings ratio of 19.32 and a beta of 1.54.

CNH Industrial (NYSE:CNH - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.47 billion. During the same period last year, the firm earned $0.38 EPS. The company's revenue for the quarter was down 14.2% on a year-over-year basis. On average, analysts expect that CNH Industrial N.V. will post 0.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In other CNH Industrial news, CFO Oddone Incisa sold 22,515 shares of CNH Industrial 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 $285,940.50. Following the completion of the sale, the chief financial officer directly owned 856,574 shares of the company's stock, valued at approximately $10,878,489.80. The trade was a 2.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Suzanne Heywood sold 11,053 shares of CNH Industrial stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $12.70, for a total transaction of $140,373.10. Following the completion of the sale, 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 90 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.

CNH Industrial 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.